The post Solana and NEAR investors swarm presale of this new DeFi coin appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and NEAR Protocol investors are flocking to the presale of a new DeFi coin, DTX Exchange, enticed by its potential for 50x returns. The decentralized finance (DeFi) world keeps attracting investors looking for the next big opportunity in the cryptocurrency space. This explains the recent increase in interest in a new DeFi coin presale. Investors from Solana (SOL) and NEAR Protocol (NEAR) are turning to the new project, enticed by the potential of massive gains. With SOL and NEAR recording strong on-chain activity and positive price momentum recently, the excitement around the new coin’s potential for 50x returns is at an all-time high. But is this DeFi coin really the next big thing? Solana surges as on-chain activity boosts market momentum Solana continued its upside trend in the past week, surging above $150.15 on October 14, 2024. On-chain metrics and an increasing number of holders of meme coins hosted on the Solana blockchain are the main market movers that show the potential for a SOL price rally. Solana meme coins have surged in token holders in the past month. On that note, meme coin analyst Murad shared statistics in a recent tweet, adding that a super cycle might be coming up. Normally, a surge in token holders is considered a bullish sign for an asset since it shows a growing demand for SOL among investors. Notable on-chain metrics, including number of transactions and active addresses on Solana, surged in the past month, according to Artemis data. On October 15, SOL was trading at $155.64, up 5.37% in the past week. Experts say SOL will rise to $164.85 this month, supported by increased demand. Despite the expected SOL surge,…

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Filed under: News - @ October 16, 2024 9:24 pm