Recently, Cboe announced that five spot Ethereum ETFs will begin trading on July 23rd, 2024. The crypto market is filled with excitement and this move represents a huge step towards the mainstream integration of digital assets into traditional financial systems. However, another player has been gaining popularity—DTX Exchange (DTX).
Many people are calling it the ultimate Ethereum-based project, which has made other projects such as Arbitrum (ARB), Ondo (ONDO), Mantle (MNT) and Render (RNDR) look insignificant in comparison. This rookie, now in Stage 2 of its presale, has already raised over $1M and is on track to hit $2M before July 2024 ends. Some analysts even call it the next $1 crypto in 2024.
DTX Exchange (DTX): The Rising Ethereum-Based Sensation
DTX Exchange (DTX) is one of the hottest Ethereum-based coins. Its ongoing presale has already provided early buyers with a 100% ROI while raising over $1M. Even major crypto influencers like Crypto Show on YouTube have noticed. Notably, Show stated that DTX Exchange may be the ultimate all-in-1 trading platform.
What sets DTX Exchange apart is that it offers both CEX and DEX features so users can enjoy higher liquidity levels and user-friendly interfaces while still maintaining their privacy and security. It supports more than 120k different classes of assets, including stocks, bonds and other cryptos, without any KYC checks.
The foundation of the DTX ecosystem revolves around the utility token DTX, which comes with various benefits like governance voting rights and reduced trading fees. To reward early buyers, there will be a $1M giveaway, with ten lucky winners, each walking away with $100K. This is bound to increase interest in buying this token.
Currently, one DTX costs just $0.04 as it is in Stage 2 of its presale – a 100% rise from its starting price of $0.02. However, this value will surge to $0.06 once Stage 3 begins. Due to all these factors, market analysts foresee DTX reaching $1 in Q3 of 2024 once a Tier-1 CEX lists it.
Arbitrum (ARB): Bound To Pull Higher
Arbitrum (ARB) has seen some volatility lately. According to CoinMarketCap data, the Arbitrum price fell nearly 40% in the past 12 months. However, crypto analyst Wizz remains bullish. His X post stated that the Arbitrum coin is forming a bottom and may pull higher soon.
The technical analysis for the Arbitrum crypto supports this statement. For example, ARB is trading above its 50-day EMA with 15 green technical indicators. As a result, market analysts forecast a surge to $1.04 within Q3 of 2024 in their Arbitrum price prediction.
Ondo (ONDO): New Integration With Injective
Ondo (ONDO) has shown some exciting developments recently. Notably, Injective announced a new integration with the Ondo coin, bringing its tokenized treasury instrument USDY into the Injective ecosystem. With this development, interest in the Ondo Finance token is bound to rise.
The Ondo token value has jumped nearly 550% on the YTD chart. Moreover, around three technical indicators are now flashing green for ONDO. Because of all this bullish Ondo news and indicators, experts in the crypto field predict its value will reach $1.90 before Q3 of 2024 ends.
Mantle (MNT): Now the 5th Largest L2
Mantle (MNT) has also been picking up steam. Recently, crypto analyst Stacy Murr revealed that Mantle is now the fifth largest L2 by TVL. The Mantle crypto value movement rose over 50% in the past year alone. In that time, the Mantle market cap also grew from $1.70B to $2.80B.
This bullish Mantle news may trigger a rally for its coin. Furthermore, the Mantle token boasts 20 technical indicators in the buy zone. Due to all these factors, market analysts remain bullish for MNT. They forecast a jump to the $1.21 level for this crypto within Q3 of 2024.
Render (RNDR): Major Analyst Remains Bullish
Render (RNDR) is another token that has seen some exciting movement. CoinMarketCap data shows that the Render token price has jumped over 270% in the past year alone. Major analyst Crypto Rover stated that his RNDR holdings, which are now $222K, will reach $2M or $3M this bull run.
From a technical analysis perspective, the future of the Render crypto appears bright. For instance, RNDR now trades above its 50—and 100-day EMAs while having 9 green technical indicators. Experts note all these factors when making their Render token price prediction. Thus, they foresee its value reaching $8 before Q3 of 2024 ends.
Why Will DTX Exchange Outshine Arbitrum, Ondo, Mantle and Render?
DTX Exchange has positioned itself as the leading Ethereum-based trading platform as Cboe prepares to launch Ether ETFs in the coming days. Its low market cap, connections to trillion-dollar financial markets and impressive presale performance have helped it stand out among Arbitrum, Ondo, Mantle and Render.
The DTX token will soar much faster than its peers while having more stability in the long run. If you wish to buy it, sign up for the DTX Exchange presale by checking the links below.
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