Starting Bull-Run Into New Trading Platform
Despite its recent bullish momentum, Tron (TRX) has remained in a tight consolidation range with little volatility. This lagging price action has not gone unnoticed, especially as Tron whales accumulate Mantix and Sui gain traction in Q2.
The Sui crypto (SUI) has gained favor for its parallel transaction speed. However, Mantix ($MTX) is turning heads in the DeFi space for its seamless interoperability and powerful trading tools. So, what will this quarter bring for these assets? Let’s find out!
Mantix ($MTX): The premier presale destination for crypto whales
The Mantix presale has crypto whales circling and it’s easy to see why. As a state-of-the-art DeFi exchange, Mantix allows users to trade, bridge and swap cross-chain assets. The platform provides leverage up to 1,000x. This ambitious approach sets Mantix apart from traditional DEXs and appeals to traders looking to scale up their earnings.
Moreover, this cutting-edge AMM DEX is stepping into the market, kicking sand in the face of big crypto exchanges like Hyperliquid with its cheap transaction fees. Users get industry-grade security from the protocol’s multi-sig, non-custodial and innovative contract architecture with every transaction.
The native token, $MTX, is at the forefront of this evolution. It introduces an in-built reward system that develops user engagement and loyalty while driving long-term value through buyback mechanisms. Every transaction, stake or trade earns users $MTX, providing passive income opportunities for traders.
Whales are buying up $MTX at presale prices because they see massive potential in this project. Early accumulation of $MTX could yield significant returns, making it a prime opportunity for savvy traders looking for the next big explosive crypto.
Tron: Bulls target tight range breakout amid short-term pullback risks
The Tron ecosystem is progressing well amid heavy whale offloads. It currently hosts nearly one-third of the global stablecoin supply, including over $77 billion in USDT, more than half of its total circulation. With the expansion of recent strategic integration from Bridge further elevating TRON DAO’s status, this dominance could linger in 2025 and beyond.
Tron 1M price chart. Source: Coinmarketcap
Amid this positive momentum, Tron’s daily chart indicates consolidation following a strong push near the $0.28 barrier. Price activity has been slightly bullish since early April, with higher lows near the 34-day EMA ($0.26), which is currently dynamic support.
The 50, 100 and 200 SMAs are going higher and strongly aligned under the current price, indicating a long-term bullish breakout alignment. In the near term, Tron’s RSI is approaching 70 on the weekly chart, which signals a short pullback and the risk of a trend shift. Smart Tron investors have spotted this trend and moved their funds to Mantix, which is primed for explosive returns.
SUI: Mounting pressure stalls price after Cetus Protocol hack
The SUI price has declined sharply after reaching the psychological $4 zone. The blockchain network faces severe market pressure, even after Sui announced that it would abstain from the upcoming community vote on recovering the $162 million in frozen funds.
Still, SUI has a bullish structure amid this pullback. While the price declines, analysts believe it is mere risk behavior and a retracement to a major support zone at $0.33.
SUI price analysis. Source: Crypto.news
According to chart expert Aziz Zamani, this area coincides with the 0.618 Fibonacci level and the midpoint of an ascending price channel.
Conclusion
Tron whales are always on point when spotting rare investment opportunities in the crypto market. With Sui and Mantix entering their radar, now could be the best time to accumulate positions, particularly for $MTX, whose architecture is unaffected by the market’s bearish tailwinds.
The $MTX presale has started from stage one, quickly gaining traction and crossing the $600,000 mark. Priced at $0.02, the token is expected to rise to $0.0218 as demand spikes in Q2. Industry watchers say early buyers could enjoy a 100x return, even as it’s already attracting attention from Tron investors.
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Website: https://mantix.exchange
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