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The overall market sentiment is displaying mixed signals for cryptocurrencies. While the Ethereum (ETH) network hasn’t shown a positive outcome from the broader market trend, its potential rivals Dogwifhat (WIF), NEIRO, and DTX Exchange (DTX) have shown remarkable price surges with notable traction in the market, as investors move towards them for gains.
Ethereum (ETH) Faces Turbulence: Loses $220M In Liquidations
The crypto market displayed a highly bearish momentum in the last 24 hours, dragging Ethereum (ETH) down to critical levels following the heightened liquidations in the network. According to the on-chain data by CoinGecko, the global crypto market cap dipped by 3% in one day. This has brought the $2.31 trillion to $2.27 trillion, a rough $40 billion decline.
On the contrary, the overall daily trading volume has made a 50% reversal, taking off by $99 billion from its actual value. The majority of the cryptocurrency networks have been affected by this large-volume market cap decline in the global crypto market. Bitcoin (BTC) and Ethereum (ETH) have shown notable downshifts followed by increased selling pressure by investors.
NEIRO Takes Off: Hits 40% On Weekly Price Chart
While Ethereum (ETH) has failed to turn the market sentiment to its favor, NEIRO has done it and it’s going good for the new entrant. NEIRO’s price rally shows a renewed momentum in the crypto market after Bitcoin (BTC) recovered to $64,000 following a brief decline on October 3. This recovery has diverted rallies to major cryptocurrencies, including NEIRO.
NEIRO is taking over the market as one of the hottest tokens right now, securing a 13% price surge in the last 24 hours. NEIRO followed up this 24-hour sentiment with a 40% weekly rally, drawing investors toward its bullish momentum. However, the case has not been the same for its rival Neiro Ethereum (NEIRO), which has dropped by 10% today and 11% in the last 7 days.
Dogwifhat (WIF) Price Pattern Shows Bullish Indicators
Dogwifhat (WIF) is one of the many memecoin projects that have benefited from the recent market recovery. Dogwifhat (WIF) is preparing for a similar pump as a memecoin asset in the broader market shift. Analysts are predicting a potential 72% pump in the Dogwifhat (WIF) network supported by a Hidden Bull Divergence formation.
This pattern will likely take Dogwifhat (WIF) price to $4.86 followed by a major price rally continuation to the top. In terms of performance metrics, Dogwifhat (WIF) is trading at $2.45 with a $2.43 billion market cap (dipped by $121 million). Dogwifhat (WIF) is displaying a neutral trading volume with a $711 million sum, which has faced a minor 0.8% decline.
DTX Exchange (DTX) Ranks Among Top 3 AI-Cryptos To Buy Now
DTX Exchange (DTX) has entered October with a bang, outshining high-performing cryptos with remarkable price rallies in its ongoing presale. So far, this deFi platform has raised $3.84 million at $0.06 per DTX token with predictions of revising its price to $0.08 in presale round 4. DTX Exchange is a one-stop crypto trading platform that offers up to 1,000x leverage.
As a hybrid trading platform, DTX Exchange (DTX) allows users to trade cryptos, forex, equities, and contract-for-differences (CFDs). The exchange features cutting-edge infrastructure and insane trading features to offer lucrative opportunities to investors and retail traders. It also incorporates lightning-fast execution speeds to make sure no trader misses any opportunity.
This Bullish $0.06 Altcoin Can Boost Your Portfolio by 2025!
DTX Exchange (DTX) is poised to capture the broader market sentiment with its bullish presale momentum, becoming some of the highest successful presales of 2025. This exchange is transforming the trading industry by allowing traders to become insiders. Apart from trading discounts on the platform, DTX holders are also eligible for a percentage of platform profits.
Unlike traditional exchanges, DTX Exchange enables holders to contribute to decision-making through governance tokens to determine the future of the platform. Investors and traders are increasingly joining this network to secure the next 25x opportunity in the volatile crypto market as DTX Exchange (DTX) eyes its $0.2 grand listing ahead.
Learn more:
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*This article was paid for. Cryptonomist did not write the article or test the platform.