Sen. Cynthia Lummis has recently made a lot of noise in the cryptocurrency space. She announced an innovative bill suggesting that the US Treasury acquire 1M Bitcoins worth $68B. If passed, such legislation would represent unprecedented government recognition of cryptos.
Meanwhile, smart money has focused on DTX Exchange (DTX). This Stage 2 presale star has already raised $1.1M and is about to reach its target of $2M rapidly. NEAR Protocol (NEAR), Ethereum Classic (ETC), Filecoin (FIL), and Arbitrum (ARB) might be left behind by DTX in terms of growth potential as it could soar by 50x soon.
DTX Exchange (DTX): A Presale Gaining Tremendous Traction
DTX Exchange (DTX) is causing quite a stir in the cryptocurrency market. This presale sensation has already provided early buyers a 100% ROI while raising over $1.1M. As a result, countless traders are now rushing to buy it and capitalize on its growth. Even major influencers like YouTuber Crypto Vlog claim that DTX Exchange may rule online trading.
Coinbase or Binance focuses on cryptos only; however, DTX Exchange will allow the trade of over 120K asset classes like gold, stocks, and cryptos at leverage rates of up to 1000x. Moreover, sign-up KYC checks are removed by DTX Exchange, thus giving additional priority to privacy, which might attract those keen on remaining anonymous while trading.
At the center of the DTX Exchange ecosystem will lie the DTX utility token. Holding this coin will bring you access to advanced analytics tools, governance voting rights, and reduced trading fees. Also, those who buy $100 worth of DTX during its presale will participate in a $1M giveaway, which rewards ten lucky people with $100K each.
DTX is now worth only $0.04 in Stage 2 of its presale. However, this price will rise to $0.06 once Stage 3 begins – a 50% ROI for those who buy it now. Due to all these reasons, market analysts forecast that DTX will surge by 50x once a Tier-1 CEX lists it in Q3 of 2024.
NEAR Protocol (NEAR): May Rebound Soon
NEAR Protocol (NEAR) has been riding a bullish wave lately. According to CoinMarketCap data, the NEAR Protocol price increased over 280% in the past year alone. Moreover, crypto analyst Bitcoin Ape remains bullish on this crypto. In his X post, Ape claims that if NEAR holds the line at $5.4, it will be in a great place to rebound and flip the $6.3 resistance level soon.
The technical analysis of the NEAR Protocol coin supports this statement. For example, NEAR trades above its 50 and 100-day EMAs while having eight green technical indicators. As a result, experts in the crypto field have made a bullish NEAR Protocol price prediction. They foresee its value reaching $7.32 before Q3 of 2024 ends.
Ethereum Classic (ETC): A Potential 10x
Ethereum Classic (ETC) is another crypto coin on an upward trajectory. Over the past 12 months, the Ethereum Classic price surged over 25%, as per CoinMarketCap data. Crypto expert Charting Guy claims that this uptrend is bound to continue. According to his X post, ETC is repeating its last cycle and could see an easy 10x surge.
From a technical analysis perspective, the future of the Ethereum Classic crypto appears bright. Notably, around 11 technical indicators are in the buy zone for ETC while it trades above its 200-day EMAs. Therefore, in their Ethereum Classic price prediction, market analysts forecast a potential jump to $30 within Q3 of 2024.
Filecoin (FIL): Welcoming Magna
Meanwhile, Filecoin (FIL) has seen some exciting developments. Magna announced their entry into the Filecoin ecosystem by successfully developing the first token vesting and claims smart contracts on its network.
This bullish Filecoin news may cause an uptrend for this crypto. Speaking of which, the Filecoin crypto value jumped over 4% in the past 12 months. Moreover, around 18 technical indicators are in the buy zone for FIL. As a result, experts predict that Filecoin will reach a value of $5.99 before the end of Q3 2024.
Arbitrum (ARB): Increased Whale Activity
Arbtirum (ARB) is a powerful force in the crypto market. Recently, Satoshi Talks revealed that the number of Arbitrum whale addresses has reached an ATH. This development shows the level of interest that this coin still possesses among many traders. Also, the number of whales holding between 100K and 1M ARB has increased significantly.
When it comes to the Arbitrum coin value, it has fallen nearly 40% in the past year alone. However, ARB trades above its 50-day EMA with three green technical indicators. Because of all this bullish Arbitrum news and indicators, market analysts foresee it could surge to $0.96 within Q3 of 2024.
Will DTX Exchange Soar Faster Than NEAR Protocol, Ethereum Classic, Filecoin and Arbitrum?
With the potential increase in Bitcoin adoption thanks to Sen. Cynthia Lummen’s bill, other cryptos may also soar. One is DTX Exchange, which has an advantage over NEAR Protocol, Ethereum Classic, Filecoin, and Arbitrum. This rookie has a connection to the $133T bonds market and a lower market cap than its peers.
To clarify, DTX will require fewer new funds for its price to soar while remaining more stable in volatility markets. If you wish to buy it before its value skyrockets, sign up for the DTX Exchange presale now.
