The crypto market is always full of excitement. DTX Exchange (DTX) has gained much attention lately because it completed its KYC verification through SolidProof. This has once again sparked interest in this Stage 2 presale hit. It has already raised more than $1.2M, and it might reach $2M before the end of August 2024, which is a great result.
At the same time, the price of Notcoin (NOT) went through the roof while Stellar (XLM) had a tough time. Let's look into these movements and why some experts think DTX could be the next 50x cryptocurrency in 2024.
DTX Exchange (DTX): SolidProof KYC Verification
DTX Exchange (DTX) has reached a significant milestone by finishing its KYC verification process with SolidProof, the top blockchain auditing company. This accomplishment ensures the platform's security and openness, which will attract many more traders.
This project has taken the crypto world by storm. Even influencers like YouTuber Crypto Legends have made a video about it. In his YouTube video, he predicts it could be the number one trading platform. DTX is unique because it combines CEX and DEX into one. What this means is that people trade FX, gold and cryptos at leverage of 1000x.
DTX is the utility token of DTX Exchange. Those who hold it will see many advantages, such as reduced fees when trading as well as having a voice on how the platform should be run. Additionally, those who buy $100 of DTX during its presale will enter a $1M giveaway, where ten people will win $100K each.
DTX cost $0.04 during Stage 2 of its presale, which is 100% more than its original price of $0.02. However, this price will rise by another 50% once Stage 3 begins. Due to all these factors, market analysts predict a 50x surge for DTX once a Tier-1 CEX lists it in Q3 of 2024.
Notcoin (NOT): Impressive Price Rise
Notcoin (NOT) has been sending out strong signs lately. CoinMarketCap data shows that the price of Notcoin has gone up by more than 20% in the last year. For the same reason, crypto expert Mr. Satoshik is still optimistic about this coin. His X post says that he holds NOT because he thinks it has a bright future.
There are also some good signs in the technical analysis of the Notcoin crypto. As an example, four signs are all pointing in the direction of a buy for NOT right now. Because of this, experts have made a bold Notcoin price prediction: it will reach $0.013 before October 2024.
Stellar (XLM): Seeing Some Volatility
Stellar (XLM), on the other hand, has some price trends that are showing red. CoinMarketCap data shows that the price of Stellar has dropped almost 30% in just the last year. Still, crypto expert Javon Marks said something good for XLM. As per his X post, XLM is seeing higher lows and a breakout above $0.68 could soon trigger a 594% rally.
From a technical analysis perspective, the future of the Stellar crypto appears bright. Notably, XLM is trading above its 21-day EMA while having 16 technical indicators in the green. Analysts take note of these factors when making their Stellar price prediction. Thus, they predict a jump to $0.15 within Q3 of 2024.
Will DTX Exchange Outcompete Notcoin and Stellar?
People are watching DTX Exchange closely as the presale continues because many believe this could be one of those projects that brings tremendous gains. This new crypto has connections with various financial markets, including the $133T bonds market. Its market cap is also lower compared to Notcoin and Stellar.
Having these advantages means that DTX needs less new funds for its price to rise as well as making sure it remains steady with time. To learn more about this exchange, follow the links provided below.