DTX Exchange, one of the first fully integrated digital trading platforms, might receive a $2 million investment, an infusion of capital that’s reflective of a growing institutional appetite to get involved in innovative trading. Meanwhile, Near Protocol (NEAR) and Fetch.ai (FET) are finding ways around the recent price corrections.
This overview will discuss recent advancements in Near Protocol (NEAR) and Fetch.ai (FET) and why this cash influx might propel DTX to the forefront of the crypto community.
Near Protocol (NEAR) Sees Growth Through AI Innovations and Market Surge
Near Protocol (NEAR) has been rapidly gaining momentum in recent weeks, with co-founder Alex Skidanov set to unveil his vision of a user-owned AI future empowered by NEAR at the prestigious Sahara AI Summit in Singapore on September 19.
Over the past week, the price of Near Protocol (NEAR) shot up from about $3.8 to $4.72, marking a substantial 17.15% increase. This uptrend signals a growing confidence among investors in the project’s potential.
However, the price hike is not the only notable development. NEAR Protocol’s trading volume, previously hovering just above 3 million, has now surpassed 4 million, indicating a surge in interest in the protocol. As Skidanov is getting ready to present his case, these red-hot market trends propel NEAR Protocol (NEAR) onto the radar in the worlds of AI and cryptocurrency alike.
Fetch.ai (FET) Leads AI Crypto Surge with Double-Digit Gains
Fetch.ai (FET) is the leader of the recent AI crypto rally. While the market capitalization of the AI sector surged nearly 7% on Tuesday, the FET token recorded a 10% price surge, on cruise control. Corporate announcements of the latest AI offerings from Nvidia, Microsoft, Apple and Google are probably adding more energy to the AI crypto rally.
The aforementioned gains in Fetch.ai (FET) are part of a larger rally in the AI crypto segment, with market capitalization now at $22.22 billion. The rally comes on the heels of Apple’s release of the iPhone 16 with artificial intelligence (AI) features that include its A18 chip built specifically to optimise generative AI models.
Over the course of the week, Fetch.ai’s (FET) price went from a little under $1.35 to $1.44, indicating strong investor sentiment that will likely lead to expansion in the sector of AI cryptocurrencies.
AI Stakeholders Eye $2M Investment in DTX Exchange Following Presale Success and Mainnet Launch
AI stakeholders are considering a $2M investment in DTX Exchange due to its recent success and promising features. The DTX presale has already raised over $2 million, with the token priced at $0.06. This strong financial backing reflects growing confidence in the platform as it prepares for its mainnet launch.
The use of DTX Exchange as a trading platform is made easier through social and copy trading, on-chain analytics, trading bots and signals, which in turn means that experienced and beginner traders alike are attracted to the platform.
Additionally, DTX Exchange’s VulcanX feature enables gas-free trading and simplifies the crypto trading space for traders by removing the gas fees and complications that come with running any type of smart contract.
What’s more, the DTX Token is the core of the exchange ecosystem and functionality. It is designed to power a variety of activities and provide users with features and benefits that will, in turn, increase DTX’s utility and attractiveness as a tool and trading asset in the DTX ecosystem.
Key Takeaway: As NEAR Protocol (NEAR) and Fetch.ai (FET) navigate price corrections with bullish momentum, AI stakeholders eye a $2M investment in DTX Exchange. This move underscores growing interest in innovative trading platforms
Learn more:
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