Injective (INJ) Price Surges Amid Burning of 10,000 Tokens

Injective (INJ) has gone through rapid developments in recent weeks. After its official announcement on April 14 of integrating its ecosystem with Solana through omni-chain domain name service and burning of 10,000 INJ tokens in the last week, Injective is expected to display a positive trendline in the long term.

A notable development that has made strides among the community members of Injective is the activation of the INJ 3.0 update, following the recent vote on the IIP-392. Injective aims to support the long-term value of its ecosystem and reduce on-chain parameters for the minting of new INJ tokens.

While the INJ token showcases a swift price rebound, it is up by 4% on the intraday chart. The token has strong support at $23, with technical indicators suggesting a bullish traversal to upper bounds. Analysts expect the next stop at $31 if the bulls push the price above crucial resistance levels.

Fantom Leads After Announcement Of $6.5 Million Prize Pool

Fantom is witnessing a remarkable price rebound as the project plans to set aside a 10 million FTM prize pool worth $6.5 million as incentives for developers who implement measures to prevent scams and rug pulls. Being a layer 1 blockchain, this initiative indicates the Fantom’s commitment to provide users with secure and reliable transactions.

The token price is up 5.5% on the intraday chart, with a massive upside potential. Despite $1 being a crucial resistance level, analysts anticipate a bullish traversal as investors have recently accumulated 19 million Fantom tokens. As the buying pressures are surging, the token is expected to moonshot in the upcoming bull run.

DTX Exchange Presale On The Edge of Crossing $500,000 in Stage 2

DTX Exchange (DTX) has emerged on the trading scene with its ground-breaking 1000x leverage platform. With the ever-evolving landscape of decentralized and centralized exchanges, DTX is set to make new records with its surging presale demand. The project has successfully raised $495,000 in stage 2 of the public presale.

The project utilizes blockchain fundamentals to offer robust security and reliable transaction flow in various financial markets. DTX Exchange gives access to 120k digital assets and distributive liquidity pools so users can optimize their digital assets with no slippage. The new users have an ultimate opportunity through the platform to capitalize on gains.

Investors are inclined to DTX Exchange’s no-KYC features and non-custodial wallets where they can maintain their funds with no security risks. Priced at $0.04, investors rush to become a part of the project’s governance, pushing the limits to new levels of success. DTX token is expected to surge beyond $1 once it hits major CEX platforms.

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