The post Analyst Leaks Next Binance Listing? This DeFi Crypto Is Being Compared to SOL in 2022 After Raising $8.2 Million appeared on BitcoinEthereumNews.com.

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . Many new cryptocurrencies have secured price peaks after launching on large-scale exchanges like Binance. This year, an emerging project, DTX Exchange (DTX), has stolen the spotlight with its explosive presale rally. Industry insiders have high hopes about its Q4 listing on Binance as the presale is nearing the $10M mark.  Experts compare the DTX Exchange potential to the Solana price in 2022, one of the worst years in the project’s history. However, those investors who bet on SOL utility at that dip now enjoy billions in profits. In this article, we’ll rewind the year 2022 for Solana price and why experts compare the DTX Exchange to the SOL growth history.  $50 Billion Wipeout: Solana Price History to $9 From $252  The Solana price rode 2021’s bullish wave, making a new all-time high at $252. However, this bull run was soon waved off as the 2022 crypto market experienced devastating events for the altcoins and the whole industry. The most notable among them was the FTX crash and collapse of Terra Luna, which sparked a deep wave of mistrust for the cryptos.  In 2022, SOL lost $50 billion of its market cap, crashing from the $252 peak to a bare $9.7 price level.  Source: CoinMarketCap However, this devastating situation for the Solana price eventually attracted large stakeholders due to its utility and L1 solutions. Large-scale accumulation in 2023 pushed the SOL token to where it is now, in the top 3 rankings after Bitcoin and Ethereum.   Why Experts Compare SOL and DTX Before Listing Announcements Now the question remains as to why the…

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Filed under: News - @ November 21, 2024 5:22 pm