Digitex Futures $DGTX Hits New All-time High As Exchange Launch Draws Near
The cryptocurrency traded as high as $0.16 on Sunday, representing a gain of 66.67% in the last 24 hours.
Digitex Futures $DGTX, the native token of a commission-free futures exchange called “Digitex”, has hit a new all-time high of $0.159 on Sunday, October 14.
A huge rally which began in the early hours of Sunday saw the cryptocurrency rise over 70% to trade a little above $0.16. This marks a new all-time high for DGTX, which is something we rarely see these days in today’s crypto markets, especially this week.
The cryptocurrency which only recently entered into the top 100 in the CoinMarketCap ranking of crypto assets has continued to gain momentum since the past week. It currently ranks 62 with a market cap of around $103 million. The recent surge in price can be attributed to the anticipation of the Digitex Futures exchange which is set to launch in Q4 of 2018.
According to their website, Digitex Futures is “a commission-free, trustless futures exchange for trading digital currency prices.”
While the exchange charges no transaction fees, it will require users to hold specified amounts of $DGTX in order to execute transactions. Digitex covers the cost of running the exchange by creating a small number of new DGTX tokens each year instead of charging transaction fees on trades. Commission-free futures markets on a stable, fast and secure trading platform will attract large numbers of traders who must buy DGTX tokens to participate, creating liquidity and increased demand for DGTX tokens.
Traders can get early access to the exchange by submitting their email on the official website. The exchange is currently holding a 6,000,000 DGTX bounty. Registered users can earn DGTX tokens by referring their friends to the platform.
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