Everyone is tipping this upcoming presale star to outshine major exchange coins like Binance Coin (BNB) and Uniswap (UNI)
DTX Exchange (DTX) is seen as a new strong contender for exchange coin dominance. Analysts have pegged this Stage 2 presale star as the next 50x crypto in 2024. It may even outcompete exchange coins like Binance Coin (BNB), Uniswap (UNI), THORChain (RUNE), PancakeSwap (CAKE), Curve DAO Token (CRV), dYdX (DYDX), and 1inch Network (1INCH).
DTX Exchange (DTX): To Revolutionize Online Trading
DTX Exchange (DTX) wants to revolutionize online trading by combining the best features of CEX and DEX into one platform. Therefore, DTX Exchange stands out from its peers. For example, unlike Coinbase or Binance, which focus solely on cryptos, this platform provides traders access to over 120,000 financial instruments like equities, cryptos, and bonds.
Furthermore, DTX Exchange has no KYC checks, unlike most platforms, where you must go through check after check. They’ve made it easy for anyone who wants privacy or convenience. As these traits are highly sought-after right now, DTX Exchange may become a fan-favorite for millions of traders worldwide.
The DTX token is the backbone of this platform. Holding this exchange coin will give you access to advanced features, governance voting rights, and lower trading fees. These benefits attract traders as millions of DTX have been sold so far. The DTX presale has raised over $500,000, with projections of reaching $1M before May 2024 ends.
This exchange coin is worth $0.04 in Stage 2 of its presale. Early buyers have experienced a 100% ROI. This percentage is bound to go up by 50% as DTX will cost $0.06 in Stage 3. Moreover, DTX’s long-term growth potential is stellar since it has ties to the trillion-dollar FX market. Thus, experts predict a 50x surge once a Tier-1 CEX lists it in Q3 of 2024.
Captain Faibik Confirms Breakout for Binance Coin (BNB)
Binance Coin (BNB) is riding a bullish wave as one of the top exchange coins. CoinMarketCap data shows that the Binance Coin price soared nearly 100% in the past year alone. Crypto analyst Captain Faibik claims that this bullish trend will continue. In his X post, Faibik confirmed a bullish pennant breakout for the Binance Coin on the daily time frame chart – a bullish signal.
The technical analysis for this exchange coin also supports this statement. Currently, Binance Coin is trading above its 100—and 200-day EMAs while boasting 28 green technical indicators. Thus, market analysts have made a bullish Binance Coin price prediction. They foresee a potential surge to $760 before the end of Q2 2024 for BNB.
Major Uniswap News May Trigger a Rally
Uniswap (UNI) is another exchange coin gaining traction recently. It published a blog post stating that Uniswap will fight back against the SEC. In the filing, Uniswap discussed all the reasons why the SEC should not pursue legal action against it. It claims that the SEC’s assumptions that all tokens are securities are fundamentally wrong.
This Uniswap news may raise interest in this crypto. Regarding Uniswap’s performance, CoinMarketCap data shows that this exchange coin’s price has increased nearly 90% in the past 12 months. Additionally, 26 technical indicators are in the buy zone for Uniswap. Therefore, experts in the crypto field predict that Uniswap will trade at $13.16 within Q2 of 2024.
THORChain Price Analysis: Potential Uptrend Incoming
Recently, THORChain (RUNE) has been on an upward trajectory. According to CoinMarketCap data, this exchange coin saw a price surge of over 450% on the YTD charts. THORChain’s buying pressure has also surged significantly, indicating strong support for the exchange coin. This may lead to a new bullish run for RUNE.
Moreover, the THORChain coin is now trading above its 100—and 200-day EMAs while boasting 26 bullish technical indicators. As a result, experts in the crypto field have made a bullish THORChain price prediction. They predict a rise to $8 before Q2 of 2024 ends for RUNE.
PancakeSwap (CAKE): Refunding Uniswap Interface Fees
PancakeSwap (CAKE) has also been in the headlines, thanks to some exciting developments. Notably, PancakeSwap offered to refund up to $8M of Uniswap interface fees. In other words, those who can match the volume of their Uniswap v3 trading with that of PancakeSwap v3 will be refunded all the fees charged on the Uniswap interface.
This PancakeSwap news may cause a bullish run. Over the last 12 months, this exchange coin’s value has surged nearly 65%. Not only that, but PancakeSwap is trading above its 50—and 100-day EMAs while having 23 green technical indicators. Thus, market analysts predict that PancakeSwap will trade at $5 within Q2 of 2024.
Curve DAO Token Price May Experience a Rebound
The Curve DAO Token (CRV) has been showing some volatility lately. CoinMarketCap data indicates that the CRV price fell nearly 50% over the past year alone. However, the technical analysis for this exchange coin shows a bright future. For example, over 16 technical indicators show green for the Curve DAO Token.
Additionally, the Curve DAO Token is trading above its 21- and 50-day EMAs. For these reasons, experts, in their Curve DAO Token price predictions, foresee a potential jump to $0.68 for CRV before Q2 of 2024 ends. As a result, Curve DAO Token emerges as one of the promising exchange coins to watch.
dYdX (DYDX): Introducing 800+ New Markets
dYdX (DYDX) is one of the major exchange coins that could surge soon. Recently, the dYdX exchange revealed that isolated markets and isolated margins will quickly come to it. As a result, dYdX will gain access to over 800+ new markets with isolated collateral. Thanks to this bullish dYdX news, its price may rise.
Over the past year, the dYdX token value has dropped over 15%. However, the current technical analysis paints a more bullish picture. For example, dYdX trades above its 100-day EMA and six green technical indicators. Therefore, market analysts foresee the dYdX token trading at $3.42 within Q2 of 2024.
1inch Network (1INCH): 5th Birthday May Cause a Bullish Run
1inch Network (1INCH) has also seen some exciting developments. Notably, 1inch revealed that it is now celebrating its 5th birthday. Many events will be held during the month of May to celebrate this occasion. As a result, interest in the 1inch Network coin could skyrocket.
The price of this exchange coin has risen nearly 5% in the last 12 months. The technical analysis of the 1inch Network token is also bullish, with 17 technical indicators in the green. Thus, experts predict this crypto will be worth $0.59 before Q2 of 2024 ends.
Can DTX Exchange Outcompete the Best Exchange Coins?
Binance Coin, Uniswap, THORChain, PancakeSwap, Curve DAO Token, dYdX, and 1inch Network are exchange coins worth monitoring. However, DTX Exchange’s stellar presale performance implies that it could eventually surpass large competitors.
It also has a small market cap while entering the trillion-dollar FX market, making it a strong player among other exchange coins. If you wish to purchase DTX, now is the perfect time, as you will gain access to a $1M giveaway that DTX Exchange will launch soon. By buying $100 worth of DTX, you could potentially earn $100,000, so do not miss out.
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