As the crypto market keeps evolving, investors are continuously searching for lucrative opportunities. While major tokens like Binance Coin (BNB) and Dogecoin (DOGE) have shown potential for growth, experts are turning to a new DeFi coin: DTX Exchange (DTX).
With BNB rebounding after a hard week and DOGE seeing increased whale activity, DTX is emerging as a promising project with the potential to deliver over 10x gains.
Binance Launches 60th Project on Launchpool, Boosting BNB
On October 8, 2024, Binance announced its 60th project on Binance Launchpool – Scroll (SCR), an event considered bullish for BNB. Users can lock their BNB to get SCR Airdrops over two days, with farming starting from October 9.
BNB had a hard week and lost about 8.5% of its market capitalization, as BNB’s value dropped to $535.15 before it rebounded above $565.02. A significant reason for this plunge might be the recently reported news that Binance Exchange realized a drop in trading volume, as on-exchange volumes plummeted to a 4-year low.
A bullish catalyst that spurred the BNB rebound came when the Binance co-founder, Changpeng Zhao, was released from prison. According to Fortune, Zhao was released on September 27, and BNB pumped up to $615.18. He subsequently tweeted a triumphant ‘GM’ greeting to his followers, and the token surged.
On October 9, BNB was trading at $574.08, up 3.03% in the past week. Analysts believe BNB will rise to $595.15 this month, underpinned by developments on its network. Despite the potential growth, investors have turned to DTX, which has massive growth potential.
Surge in Dogecoin Whale Transactions Signals Growing Optimism
Based on on-chain data published by IntoTheBlock, the volume of Dogecoin whale transactions increased by almost a billion tokens on October 7, 2024. Notably, over 1,100 DOGE whale transactions were executed. Although these statistics are encouraging with the increased participation of whales in Dogecoin transactions, the outflows were more than inflows.
Nonetheless, DOGE whales accumulated around 2.07 billion coins within the past week. The amount represented the biggest weekly accumulation of DOGE seen since January 2024. Whales appear to be increasingly optimistic in Q4 this year.
On that note, crypto analyst Ali Martinez recently revealed on X that Dogecoin whale activity is growing. Martinez confirmed that some DOGE whales showed a growing appetite for the meme coin. With these uncertainties affecting the Dogecoin market, investors are turning to DTX, looking for 10x profits.
On October 9, DOGE was trading at $0.1086, up 0.26% in the last week. Analysts believe DOGE will surge to $0.1386 this month, supported by increased whale demand.
DTX Exchange: A Top Presale Project Poised for Massive Growth
DTX Exchange ranks among the top presales in the crypto industry in 2024. Its performance has been remarkable, raising over $3.7 million, and expected to exceed $4 million by mid-October.
The performance has appealed to many crypto influencers like YouTuber Crypto Chino, who believes that DTX Exchange will become the next big thing in the crypto sector.
DTX’s roadmap shows that its price will keep surging throughout the presale, making it a popular project among investors globally. DTX Exchange incorporates the best of CEX and DEX into one platform, enabling investors to enjoy what both worlds offer.
Unlike the other major crypto exchanges, the hybrid trading platform has multiple components and features that will attract investors. For example, it will let users buy forex, gold, crypto, CFDs, commodities, and over 120,000 asset classes at 1000x leverage.
Additionally, DTX Exchange needs no sign-up KYC checks, allowing everyone to enjoy privacy while trading.
The DTX utility token underpins all transactions on the platform. Hence, investors who buy the DTX token will enjoy governance voting rights and unlimited access to enhanced analytics tools, helping increase their profits.
Currently, DTX is in Stage 3 of its public presale, valued at $0.06. Early investors have recorded a 200% profit since they purchased the coin at $0.02. Notably, the price will increase by 33% to $0.08 once DTX transitions to Stage 4. Analysts believe DTX will gain over 10x after listing on mainstream markets.
DTX Exchange Promises Over 10x Gains
While BNB and Dogecoin hold massive growth potential, mostly with recent network developments and massive whale activity, DTX Exchange stands out as a project that offers great prospects.
As DTX keeps progressing through its presale stages, attracting investors due to its innovative features and hybrid trading platform, most experts say it might deliver over 10x returns. With its distinct strategy and a rapidly growing investor base, DTX might be the next big thing in the crypto market.
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