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BNB Hits $600; Is Solana Above $150 a Good Crypto to Buy? Why Traders Are Betting on This Novel Hybrid Token Priced at $0.06

September 26, 2024 By CryptoReporter

Excitement is back as the crypto market returns to the upside. The impact of the Fed’s rate cut is being felt across the landscape, with Binance Coin (BNB) trading above $600. At the same time, instead of FOMOing, savvy traders are bidding more on promising tokens rather than hype.

This begs the question, “At $150, is Solana (SOL) a good crypto to buy?” Despite boasting leading status, its upside potential pales to emerging cryptocurrencies or new ICOs. Instead, traders have been betting more on DTX Exchange (DTX), hailed by experts as the best presale.

DTX Exchange (DTX): A More Compelling Alternative to BNB and Solana

DTX Exchange (DTX) is not only budget-friendly but also ridiculously undervalued. The ongoing presale presents a great buying opportunity, which traders have been gobbling up. With over $2.7 million raised in early funding, it breezed past most ICOs, ranking among the best.

Currently, a token is priced at $0.06 in the third round, heavily discounted as a presale token. One of the reasons why traders are betting big is its upside potential. Industry experts believe it is on track for a 75x rally after its debut, making it the best crypto to buy today.

Further, its impending transformation of the $10 billion global trading market makes it more attractive. By combining the best elements of centralized and decentralized exchanges while bridging the gap between TradFi and DeFi, DTX is on course for massive adoption. It is a promising wave not to miss out on.

Binance Coin (BNB) Flips $600 Resistance into Support

Binance Coin (BNB), an exchange-based token, is among the week’s top gainers. This significant jump in the BNB price can be linked to the overall market rally and a surge in trading volume. Given its key role in crypto’s trading scene, the BNB coin is highly sought after.

Sparking excitement, it exploded by over 10% on the weekly charts. The $600 resistance has finally been flipped to support—a level last seen in July. With this jump, it is on track to surpass the current all-time high of $720, making it one of the best coins to invest in.

Meanwhile, the year’s final quarter promises even more gains, contributing to the rising demand for the BNB crypto—retailers and institutions alike. According to forecasts, a rally past $1,000 is on the cards before the year’s end, placing it on the list of the best altcoins to invest in.

Solana (SOL): A Good Crypto to Buy?

The last time Solana (SOL) traded above $150 before now was in late August. The recent market bloodbath saw it lose key price levels, which, on the bright side, pushed it into attractive buy zones. But can it maintain current traction?

According to pessimists, Solana (SOL) is overpriced. Its fair value is believed to be between $50 and $100. To them, it might have topped, with any rally a dead cat bounce before pullback.

Many have contrary opinions, though. A bullish Solana price prediction suggests a rally above $300 before the year’s end, hailing it as one of the best cryptos to invest in. With the coming months set to be exciting, it is an altcoin to watch.

Conclusion

While Binance Coin (BNB) trades above $600, questions arise on whether or not Solana (SOL) is a good crypto to invest in at the current price. Meanwhile, at a token price of $0.06, DTX Exchange (DTX) is both budget-friendly and bullish—a new trader favorite. Given a projected 75x uptick after its launch, DTX is a token worth betting on.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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