The post Polygon (MATIC) And FLOKI Investors Hit By Big Losses; Can They Make It All Back On New DTX Presale? appeared on BitcoinEthereumNews.com.

Crypto investors have a range of coins to invest in at any time. Recent market movements have caused shrinkage in investor portfolios as momentum for a continued price increase fell, leading to a massive drop in Polygon (MATIC) and FLOKI prices.  To rebuild their net worth, they are looking to a new market entrant, DTX Exchange (DTX), a presale token promising high ROI to save them. Here’s why. >>> BUY DTX TOKENS HERE Polygon Crypto Crash Pushing Holders To Other Tokens MATIC continues to display signs of a crypto crash, with its price falling with each trading cycle. Polygon’s price fell 11.43% from $0.70 to $0.62 in June due to falling investor demand, as seen in the 8% drop in inflows in the futures market in the same period. As a result, holders are in the market for alternative tokens with higher profit potential. DTX Exchange, a new DeFi crypto, is the most prominent choice.  Despite the price drop, Polygon has seen a 200% YTD increase in active addresses on its network. However, due to its weak fundamentals, MATIC may not escape its downtrend. Technical analysis shows MATIC trading at weak support, implying that the price may fall further. Moreover, Polygon’s RSI at 36 is southbound, with more room before it reaches the oversold zone, indicating a bearish market sentiment. Crypto price predictions show MATIC may fall to $0.5 by the end of the year if it continues in the same trajectory.  FLOKI Crypto Holders Running Away Due To Dismal Performance FLOKI crypto, a top meme coin, is seeing a massive investor dump as its price activity disappoints holders. FLOKI, a top 5 meme coin, experienced massive uptake and growth after its price jumped in May. However, it faces significant selling pressure in June due to profit-taking.  FLOKI’s price fell…

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Filed under: News - @ June 19, 2024 9:20 am