DTX Exchange Creates A Buzz In The DeFi Space By Launching A New Non-Custodial Solution In The Form Of Phoenix Wallets

The wallets allow traders to hold stocks, cryptos, and forex assets on-chain without requiring the management of centralized institutions.

Investors are flocking to DTX amid the launch as they navigate the unpredictable price actions of DOGE and Injective (INJ). While Dogecoin price surges, Injective (INJ) price shows a bearish trend.

Phoenix wallets, a popular non-custodial solution introduced by DTX Exchange, will be launched soon. The wallet will allow traders to hold stocks, crypto assets, and foreign exchange assets on-chain without the need for a set of centralized institutions. The DTX community has high expectations for this new feature.

Investors who are confused about DOGE and INJ price trends are flowing into DTX at the launch. This session, Dogecoin price is on an upward trend, while Injective (INJ) price is stagnant. As these two altcoins exhibit unpredictable behavior, investors are finding a way out in DTX's surge.

While the Dogecoin price is rising, events are occurring that affect many areas.

Dogecoin price is rising related to Elon Musk and Donald Trump. Musk's appearance at Trump's New York rally sent Dogecoin's price up 10% to $0.157, making it the day's most expensive cryptocurrency among the top 100 coins.

Musk is a longtime supporter of DOGE, proposing the "Department of Government Efficiency" and naming it the acronym "D.O.G.E." after his pledge to cut government spending under the Trump administration. . This DOGE has been made into a sarcastic symbolic mascot.

Musk's influence on Dogecoin prices is widely known, especially during the 2021 bull market, where he regularly featured the meme coin on Twitter (now known as X). He recently tweeted a meme featuring himself as a DOGE avatar, sparking Dogecoin investors.

In a message to his followers, Paul Howard, a senior director at Wincent, a crypto asset trading company, said, "With Musk's support and attendance at the Trump rally, DOGE is closely linked to the outcome of the US presidential election. "It became like that." As a result, Dogecoin price rose more than 5% in intraday trading, indicating a bullish mood related to DOGE.

Injective (INJ) price drops to $16.15 as the altcoin continues its strong downtrend, dropping more than 3% in a single day this session. Injective (INJ) opened the day trading at a price of $17.44 and dropped to a low of $16.15.

Market analysts are concerned that Injective (INJ) coin continues its downward trend and selling pressure is increasing. The bulls have once again pushed the Injective (INJ) token up to its current trading price, but the battle between the bulls and the bears is evident as red candlesticks continue to line up on the daily chart.

Also, the 24-hour trading volume of Injective (INJ) token decreased by 2.91%. Although the bulls are trying to drive the price higher, the bears have full control over Injective (INJ) price, which is down 10.04% from last week’s price.

Therefore, Injective (INJ) investors are flowing into DTX token, a hybrid token that is unbeatable in the DeFi space.

DTX Exchange (DTX) enables secure asset management with Phoenix Wallets

DTX Exchange (DTX) expands the reach of cross-asset trading by allowing individual traders to buy and sell foreign exchange, stocks, crypto assets, and exchange-traded funds (ETFs) on the same platform I am doing it. Experts believe that DTX Exchange based on this technology architecture could become a revolutionary solution.

The latest addition to the disruptive DTX ecosystem is the Phoenix Wallet. This non-custodial approach allows traders to hold stocks, crypto assets, and foreign exchange assets on-chain without the need for a set of centralized institutions. The initial version of the wallet will support crypto assets, and subsequent versions will support additional asset classes.

At the core of these products is a Dedicated Proof of Stake (DPoS) block that supports traditional and crypto assets.

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