There is much excitement in the crypto market because DTX Exchange (DTX) has made headlines during its presale. A major crypto expert claims that this Stage 2 presale star could emulate the success seen by two other industry leaders: Binance Coin (BNB) and Uniswap (UNI). Some analysts even have it pegged as the next 50x exchange coin in 2024.
DTX Exchange (DTX): A Stellar New Exchange Token
DTX Exchange (DTX) is becoming a big force in the exchange coin market. The platform, unlike many others, combines CEX and DEX. Thus, it gives users unparalleled flexibility and deep liquidity. With this hybrid model, traders can access over 120,000 asset classes, from commodities to forex and cryptocurrencies, on one platform with leverage of up to 1000x.
One of the most exciting things about DTX Exchange is how it handles user privacy. While some of its rivals require KYC checks for registration, DTX does not ask for any identification at this stage. Consequently, many people who want to remain anonymous while trading have been attracted by this feature alone, setting it apart from larger exchanges.
The DTX utility token is the main utility token within the DTX Exchange ecosystem. This exchange coin provides holders with a number of benefits, including lower trading fees and access to advanced trading tools. Furthermore, those who own $100 of DTX during its presale will enter a $1M giveaway, where ten lucky traders will win $100K each.
One DTX token costs only $0.04 in Stage 2 of its presale, a 100% increase from its starting price of $0.02. Demand is so high that DTX Exchange has raised over $700K so far, with projections indicating this number will reach $1M before June 2024 ends. As a result, experts forecast another 50x surge once a Tier-1 CEX lists this exchange coin in Q3 of 2024.
Binance Coin (BNB): A Potential Breakout Incoming
Binance Coin (BNB) is among the top exchange coins. CoinMarketCap data shows that the Binance Coin price increased nearly 150% in the past year alone. Crypto analyst John Albert states that this bullish trend will continue. His X post claims that BNB has been consolidating and testing resistance at $750. If it breaks out, this trend will continue.
The technical analysis of the Binance Coin backs up this statement. For instance, BNB is now trading above its 100 and 200-day EMAs while having 20 technical indicators in the green. Thus, experts have a new Binance Coin price prediction - reaching $760 before Q2 of 2024 ends.
Uniswap (UNI): New ZKSync Integration
Meanwhile, Uniswap (UNI) has also made headlines in the exchange coin sector. Notably, Uniswap announced that it has integrated ZKSync into its interface to provide a much better user trading experience. Thanks to the reduced gas fees on ZKSync, more liquidity providers will come to the Uniswap network.
The Uniswap crypto movement rose nearly 140% on the YTD chart. Additionally, 23 technical indicators are showing buy signals for this exchange coin. Due to all these bullish Uniswap news and signals, market analysts foresee its growth to $14 within Q2 of 2024.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Can DTX Exchange Rival Binance Coin and Uniswap?
DTX Exchange is emerging as one of the best exchange coins right now. It has a lower market cap and connections to the $133T bonds market. Therefore, DTX will need far less new funds for its price to skyrocket compared to Binance Coin and Uniswap. If interested, sign up for the DTX Exchange token presale below.
