The next big thing in the crypto scene is a click away—or just having a keen eye for innovation. Given the evolving needs of crypto users, DTX Exchange (DTX) is set to take the baton from Solana (SOL) and Binance Coin (BNB).
This new player will blend traditional and decentralized finance, bridging the gap between the two. At the same time, it will combine the best elements of decentralized and centralized exchanges into a single entity—a hybrid trading platform. Gearing up to reshape the $3.2 billion global trading market, it is one of the new DeFi projects to watch out for.
DTX Exchange (DTX): Can it replicate SOL and BNB successes?
DTX Exchange (DTX), aiming to bridge the gap between the crypto world and traditional financial systems, is a new project to watch out for. It aims to solve key challenges in the crypto world by offering a one-stop platform where diverse assets across TradFi and DeFi can be traded.
Further, it will represent the best of the worlds of DEX and CEX, from wallet-based trading to non-custodial storage solutions, an intuitive user experience and distributed liquidity pools. It will further stand out with an on-chain order book, which will maintain a transparent record of all buy and sell orders.
Given the above, it has been rightfully hailed as the next Solana (SOL) and Binance Coin (BNB). Moreover, as a low-cap gem, it has more room for growth—a token costs only $0.10 in the fifth ICO round. On the cusp of a 100x rally, it is arguably the best new crypto to invest in.
Solana (SOL): New ATH Soon?
Solana (SOL), one of the best altcoins, is a key player in the crypto landscape. It basks in the spotlight, closely mirroring Bitcoin’s bullish price actions. The Solana price exploded 50% in the past 30 days and 12% on the weekly chart, trading above $230.
An inch away from its 2021 all-time high of $260, it is one of the altcoins to watch. Flipping this level will likely usher in a strong bullish wave; experts believe this is where the real fun starts.
Key technical indicators like the 20-VWMA and 9-HMA suggest Solana (SOL) is among the best coins to invest in. Moreover, bullish forecasts have been flying around the crypto community. Justin Spittler, a crypto analyst, highlighted SOL’s breakout from its “multi-month base.” The next target, according to them, is the 2021 ATH and “much higher.”
Binance Coin (BNB) Anticipates Further Upswings
Binance Coin (BNB), despite recently falling below Solana to the 5th position, is among the top altcoins. The leading exchange-based cryptocurrency trades upward, eyeing a new ATH. Although largely underwhelming, the BNB price is up 3% in the monthly timeframe, retailing above $600.
The coming days promise more bullish price actions, placing Binance Coin (BNB) on investors’ radars. A breakout above the monthly top will likely improve investor confidence, pushing the price above $700.
Moreover, key indicators suggest a price leap soon. The BNB price trading above the 20-EMA ($609) and 20-SMA ($602) are buy signals. Experts also anticipate an upswing. According to Hazakzy, the exchange-based token just broke out above strong resistance, with $1,000 to $1,300 as potential targets. The same sentiment is shared by 0xVivek, predicting a rally to $1,900.
Why Invest in DTX Exchange (DTX) Over Solana (SOL) and Binance Coin (BNB)?
For starters, DTX Exchange (DTX) has more upside potential than Solana (SOL) and Binance Coin (BNB). As a low-cap gem, it has plenty of room to run. At the same time, its innovative blend of CEX and DEX, while standing at the intersection of TradFi and DeFi, paints a bullish picture.
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