DeFi
Experts debate best DeFi Altcoin: DTX Exchange takes lead with $630,000 presale as Celestia and Arweave crash
Coins with smaller market caps and good fundamentals will be huge winners. Like Celestia and Arwreave at the start of their journey, DTX Exchange follows the same steps. However, Celestia and Arweave have been showing bearish signs for a long time.
Amid the correction, investors from the Celestia and Arweave communities have turned to the DTX presale, which is expected to revolutionize the exchange platform. This article will explain why investors are turning to the DTX Exchange.
LightLink Unveils Hummingbird Client on Celestia Mainnet
LightLink, a gasless blockchain network for businesses, Dapps, and millions of users, has launched its Hummingbird client on Celestia mainnet. This client leverages Celestia’s strong data integrity to ensure secure and reliable transaction records, essential for users who require reliable and immutable data in their blockchain activities.
The goal is to improve scalability and reduce transaction fees of the Ethereum Layer 2 ecosystem. According to the announcement, the move will use Celestia’s advanced technology to improve operations within the LightLink network.
Another significant advantage is Celestia’s modular data availability, which allows for efficient data distribution and retrieval, thereby improving blockchain performance compared to Ethereum. Additionally, using Celestia’s immutable records allows LightLink to reduce operational costs.
Arweave returns to its short-term moving average
Arweave is a blockchain-based decentralized storage network that provides permanent and secure data storage. Unlike traditional storage methods, Arweave offers a “permaweb” where data is stored forever, ensuring that it remains unchanged and reliable. Users can store data on Arweave using AR tokens, the network’s native cryptocurrency. The network uses a single proof-of-access consensus mechanism, encouraging participants to replicate and store data, which helps maintain data integrity and availability.
Recently, the price of Arweave’s AR token has declined significantly, returning to its short-term moving average. This decline follows a period of volatility in the broader cryptocurrency market. As AR tokens stabilize at their moving average, investors and market analysts are watching closely to assess whether the token will recover or continue to fall.
DTX Tops Best Altcoin List
With the price decline of Celestia and Arweave, DTX Exchange (DTX) is gaining ground as the leading investment option in the crypto market. This decentralized algorithmic trading platform has innovative features that put it at the forefront.
DTX Exchange (DTX) offers 1,000X leverage without requiring KYC. The new ICO also provides powerful trading tools, including insightful analysis, charts and diagrams, helping users stay on top of market trends and make informed decisions.
Additionally, DTX Exchange (DTX) offers 120,000 trading assets including forex, crypto CFDs and stocks, all on one platform. This setup ensures that users can make optimal profits in various markets.
Learn more:
Warning: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of the information available in this content. Do your research and invest at your own risk.