Amid the crypto market fall, people are looking for new investment possibilities, and small-cap coins look great for the next rally. DTX Exchange (DTX) is a small-cap coin that has gotten the attention of big cryptocurrency players because of its unique business model. DTX Exchange is expected to see significant growth by the end of November, offering current investors a perfect opportunity to add to their holdings.
Meanwhile, only a few large-cap coins have been able to show positive sentiments recently. Aptos (APT) has increased by 12.17% in the last seven days, showing strength, while Tron (TRX) is trading in red in the same period. In this article, we will discuss the recent developments around Aptos, Tron, and DTX Exchange.
Aptos (APT) Labs Acquires HashPalette
Aptos (APT) Labs has announced a deal to acquire HashPalette, a subsidiary of HashPort. In a Medium post on Oct. 3, Aptos Labs shared that HashPalette, connected with several Japanese companies, will move its Palette Chain and applications to the Aptos Network by early 2025.
Palette Chain’s governance token holders (PLT) are expected to have the option to exchange it for APT, though details are yet to be revealed. This acquisition is part of Aptos (APT) Labs’ strategy to enter Japan’s blockchain market. Aptos (APT) aims to use these new connections to promote Web3 adoption in entertainment, gaming, and digital assets across Japan through Aptos (APT) Network’s technology.
Tron (TRX) Sees Developments While Price Is Still Lagging
Tron (TRX), according to new figures, has been determined as the fastest blockchain ground. CryptoQuant, an on-chain analytics platform, recently indicated that Tron’s transaction rate had scaled to 85 Transactions Per Second (TPS). This performance outperforms other heavyweights such as Polygon, Ethereum, and Bitcoin.
TRON (TRX) became a huge success in the third quarter of 2024 by setting a new benchmark for generating record revenues of $577.25 million and synthetically outshined rivals such as Bitcoin, Ethereum, and Solana. Besides, Tron (TRX) is the leader in on-chain transactions, showing higher daily exercise address transactions. Also, there is a higher exchange trading volume for decentralized exchanges (DEXs), demonstrating that it is still a growing ecosystem.
DTX Exchange: Multibagger In Making
According to the analyst, a $500 investment at the present value of $0.06 could grow to $11000 by the end of November this year. Traders from Tron (TRX) and Aptos (APT) have already booked slots in the presale as they see the opportunity in the DTX Exchange.
DTX Exchange is now powered by Layer 1 blockchain – VulcanX. This blockchain will serve as the base for DTX Exchange’s hybrid trading platform, providing access to over 120,000 asset classes such as commodities, cryptocurrencies, and CFDs. Its privacy aspect stands out, as users can interact with the platform without a complex sign-up process or KYC verification.
As it incorporates the technology, DTX Exchange also emphasizes community and personal growth. In addition to revenue-sharing, the fee-less platform offers staking and farming passive income and the opportunity to provide liquidity to pools. The individuals could grab free tokens while at the same time having a say over the platform’s development agenda through voting rights.
With an increase in both, DTX Exchange is expected to become a major contender in the digital currency markets, having the potential to become the primary platform for digital asset trading.
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