Following expected ETF approvals, K33 Research has forecast that Ethereum will outperform Bitcoin. The prediction has caught the attention of many traders who are now looking for lucrative ERC20 tokens.
Below are the top five ERC20 tokens that they believe could give them huge returns: DTX Exchange (DTX), Mantle (MNT), Arbitrum (ARB), Ondo (ONDO) and Render (RNDR). While most show green charts, DTX Exchange is a rising Stage 2 presale star that could become the next 50x ERC20 token in 2024.
DTX Exchange (DTX): A Promising New ERC20 Token
An up-and-coming Ethereum-based cryptocurrency known as DTX Exchange (DTX) has been all over the news lately. So far, it has raised over $800,000 in its ongoing presale and is expected to reach $1M by July 31st, 2024. Even crypto analyst Candy Gems states that this new project has been excellent.
What differentiates DTX Exchange from other platforms is its hybrid trading model, which combines elements from CEX and DEX. This allows traders to access over 120K assets—including FX, stocks and cryptos—without having to pass KYC checks. This focus on privacy is vital as people become concerned about their personal information being revealed.
The utility token at the heart of DTX Exchange is called DTX. It offers several benefits, including governance voting rights and discounted trading fees for holders. Furthermore, anyone buying a minimum of $100 worth of this ERC20 token during the presale will automatically be entered into their $1M giveaway, where ten lucky winners will receive $100k each.
DTX currently costs $0.04 during Stage 2 of its presale, which represents a 100% ROI for early buyers. However, this percentage will rise by 50% as soon as Stage 3 triggers a price jump to $0.06. Due to all these reasons, countless traders are rushing to buy this ERC20 token right now. Thus, market analysts foresee a 50x surge for DTX before the end of Q3 2024.
Mantle (MNT): New Metamorphosis Partner
Mantle (MNT) is another major player on the ERC-20 tokens list that has seen some exciting developments recently. For example, Mantle announced a new partner for its first season of Metamorphosis: Vertex Protocol. As a result, Mantle users who deposit mETH in Vertex's Money Markets can now earn 20 Powder per mETH daily.
This exciting Mantle news could cause an uptrend for this crypto. The price of this ERC20 token has increased over 50% in the past year alone. Moreover, around five technical indicators are now in the buy zone for the Mantle crypto. Therefore, experts predict a potential surge to $1.10 within Q3 2024.
Arbitrum (ARB): An ERC-20 Token Ready To Bounce Anytime
Next, we will discuss Arbitrum (ARB), another noteworthy ERC20 crypto. According to CoinMarketCap data, the Arbitrum price fell nearly 35% on the YTD chart. However, market analyst Crypto Aman remains bullish on ARB. In a recent X post, he stated that the Arbitrum crypto is sitting at its support zone and may bounce anytime.
The technical analysis of ARB supports this statement. For example, Arbitrum trades above its 50-day EMA with four green technical indicators. Market analysts note all these factors when stating their Arbitrum price predictions. As a result, market analysts foresee Arbitrum reaching a value of $1.04 before the end of Q3 2024.
Ondo (ONDO): A Major Trader Remains Bullish
Another member of our top ERC20 token list is Ondo (ONDO). According to CoinMarketCap data, the Ondo price has jumped nearly 600% over the past 12 months. Crypto analyst JChains states that this ERC20 is going through accumulation phases. According to his X post, JChains predicts that ONDO will soar to the $3-$5 range in the next leg up.
From a technical analysis perspective, the Ondo coin's future is also looking bright. Notably, over five technical indicators are in the buy zone for this ERC20 token. Because of all these factors, experts forecast a surge to $2 within Q3 of 2024 in their Ondo price predictions.
Render (RNDR): Potentially Reaching $150
Last, we will discuss Render (RNDR), an ERC20 token that has been soaring on the price charts. In the past year alone, CoinMarketCap data shows that the price of RNDR increased by over 250%. Crypto analyst Sensei also made a bullish Render price prediction. According to him, RNDR will reach the $150 level soon.
In addition, the Render token is now trading above its 50—and 100-day EMAs and has 6 technical indicators in the green. As a result, market analysts forecast a potential rise to $8.79 for Render before Q3 of 2024.
Final Thoughts on the Top ERC20 Tokens
Because K33 Research predicts that Ethereum will overtake Bitcoin following the approval of ETFs, traders have become interested in these leading ERC20 tokens with high-return potential. However, DTX Exchange stands out among Mantle, Arbitrum, Ondo and Render. This rookie has a lower market cap and ties to the $133T bonds market.
Thus, the DTX token will soar much faster than its peers while remaining stable in the long run. To buy the best ERC20 token right now, sign up for the DTX presale using the links below.
