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TRX and TIA Cryptos Face Notable Value Depreciation Amid Stemming Fears About a US Recession

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2024-08-07 00:04:30652browse

Tron (TRX) and Celestia (TIA) cryptos face notable value depreciation amid stemming fears about a US recession, triggering a historic drop in the price of Bitcoin (BTC) after 2021.

TRX and TIA Cryptos Face Notable Value Depreciation Amid Stemming Fears About a US Recession

As US recession fears escalate, cryptocurrencies like Tron (TRX) and Celestia (TIA) face significant value depreciation.

This follows a historic drop in Bitcoin (BTC) price since 2021, prompting investors to shift their capital toward safer investment options like Gold, bonds, or early-stage crypto presales, rather than volatile currencies like Bitcoin (BTC) or TRX.

Tron (TRX) price has notably declined by 13.8% over the past three days, reaching $0.119 at press time. This downturn is signaled by rising bearish sentiments and a dropping RSI value, suggesting that Tron (TRX) bulls might face challenges in the coming days.

Meanwhile, Celestia (TIA) price has been plummeting for over a week, and the recent Bitcoin (BTC) price action has worsened the sell-off for the TIA token. Celestia (TIA) has experienced a 21% price drop within 24 hours, leading to a $175 million loss in the market value, indicating strong investor sell-offs.

DTX Exchange (DTX) Emerges as a Top Presale Project in 2024

Among the vast landscape of crypto presales, DTX Exchange (DTX) has valiantly stood out, earning its place as one of the top-performing presale projects of 2024. The project has astounded the crypto community by accumulating a phenomenal $1.2 million in batch 2 of the public presale.

With its increasing global traction and expanding user base for an AI-driven suite of cutting-edge features, the project is poised to lead the DeFi sector in the upcoming months.

The platform integrates 1000x leverage features and provides access to 120,000+ digital assets across financial markets, including forex, cryptos, and stocks, offering an all-in-one trading solution. DTX Exchange is set to become the next-gen trading platform for savvy traders worldwide, thanks to its secure, accessible, and easy-to-use platform.

Moreover, DTX Exchange (DTX) prioritizes traders' security, presenting them with the opportunity to safeguard their assets in non-custodial wallets and engage in transactions supported by layer-1 technology. Holders will also be granted access to the potential mega giveaways and governance rights.

The exceptional trading solutions offered by DTX Exchange have fueled its successful presale performance. Available at $0.04 in stage 2, the DTX token presents an enticing opportunity for early adopters to secure positions in the project before the price takes flight beyond $2 upon the mainnet launch.

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