DeFi Launch Draws Comparison to Solana ICO After Raising $7.8M, While WIF Surges on Coinbase Push

Recently, the DeFi space has seen massive growth, including a $7.8 million raise of DTX Exchange, some compared to the well known Solana (SOL) ICO.

With the launch for trading of Dogwifhat (WIF) on Coinbase, it passed the $4 resistance level-exciting many investors.

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DTX Exchange (DTX): The Future of DeFi

DTX Exchange (DTX) is a Layer-1, Ethereum-Solana based trading platform, featuring features from both centralized and decentralized exchanges. Allowing for high-speed transactions in decentralized applications, DTX combines DeFi’s flexibility with TradFi financial stability. It caught the attention of many investors, much like Solana did following its explosive ICO. Having raised more than $7.8 million in presale, it’s hailed as the next Solana, with some predicting that its price will 10x upon launch.

Currently in stage 5 of presale, DTX tokens are on offer at $0.10 a piece. This $7.8 million funding milestone puts DTX Exchange firmly in line, making the project one to watch. For a limited time only, DTX Exchange offers users who use the promo code DTXOG to get 50% extra on their deposit.

Solana (SOL): Can SOL Reach $300?

Trading above the $210 support, Solana is one of the most influential projects in the crypto space. Solana’s blockchain is widely adopted by decentralized applications, including its high speed and efficiency with low fees, proving to be one of the best assets. Increasing 40% in the last month, SOL shows strong momentum to push for a new ATH.

Source:  CoinMarketCap

While Solana is proving its scalability and utility of its Layer-1 blockchain, all SOL based projects feel the positive effect of the Solana rally. A price tag of $300 for SOL would be beneficial to all projects that use the blockchain, like DTX Exchange and Dogwifhat.

Dogwifhat (WIF): New Heights with Coinbase Listing

The dog-themed memecoin on the Solana network, Dogwifhat (WIF), recently got listed on Coinbase. This resulted in a 70% rally in the last week for WIF. Currently trading above $4, it’s one of the best performing assets of November.

Source: CoinMarketCap

As Dogwifhat edges closer to its ATH of $4.85, many speculate that if WIF passes this high, it has the potential of a $7 price tag by the end of the year. Combined with the fact that it’s a Solana based project, it stands to benefit from SOL’s strong bullish momentum.

Conclusion

As a transformative player in DeFi, DTX Exchange is primed to help set the pace in the crypto space after raising $7.8 million in an ICO. As the Solana rally continues, every SOL based project will benefit from the increase. Combining volatility of Dogwifhat, with Solana’s stability and DTX’s high growth potential, results in a balanced portfolio.

Secure you DTX tokens at the lowest price they’re ever going to be. Use the promo code DTXOG for an extra 50% on your deposit!

Read more about DTX Exchange:

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Alexander Stefanov