The gap between DeFi and TradFi has been significantly bridged in recent years. DTX Exchange (DTX) is taking a bold step in this direction, a hybrid trading platform that combines the best elements of CEX and DEX.
Primed for massive adoption and set to transform the $3.2 billion global trading market, it has been tipped to surpass Solana (SOL) and Cardano (ADA) in market cap. Moreover, at a token price of $0.12, it is both undervalued and underpriced.
DTX Exchange (DTX): A Solid SOL and ADA Contender
DTX Exchange (DTX) is an exciting player at the intersection of TradFi and DeFi. It combines the best elements of centralized and decentralized exchanges. One of its many attractions is being a one-stop destination for all trading needs, from conventional financial instruments to crypto assets.
The platform allows users to trade traditional assets like stocks, commodities, bonds, and forex. More importantly, it plans to launch tokenized ETFs, allowing users to trade over 1,000 exchange-traded funds from leading global markets.
Thanks to its asset tokenization feature, real-world financial instruments, commodities and tangible assets can be represented on the blockchain—one of its biggest appeals. Moreover, at $0.12 in the sixth round of the ICO, it is heavily discounted.
Having soared over 400% in the past few months and tipped for a 50x rally after its scheduled listing on Tier-1 exchanges, it has outperformed and boasts higher upside potential than Solana (SOL) and Cardano (ADA). Impending massive adoption also means it could flip these altcoins in market caps, positioning it among the new DeFi projects to watch.
Solana (SOL): $200 Soon?
Solana (SOL) took a big step backward after the recent decline. It tumbled from a monthly high of $259 to $183. The Solana price tumbled over 15% in the past seven days, sparking concerns. However, a bounce seems to be unfolding as selling pressure eases.
Key technical indicators like the unwavering 50-EMA and 50-SMA hint at a rebound in the coming days. Moreover, top crypto experts anticipate a breakout above $200, positioning it among the altcoins to watch.
Financ3feline, a top expert, hints at a jump above $200, having seemingly bottomed at $176. Kazee Analytics, also bullish on Solana (SOL), predicts a rally toward $200, citing the “holiday bump” and the potential Opensea airdrop. Despite its growth prospects, it is rivaled by DTX’s 65x upside potential.
Cardano (ADA) Eyes a Breakout Above $1
The Layer-1 crypto Cardano (ADA) tumbled as the wider crypto market nosedived. Despite rising selling pressure, technical indicators like the Commodity Channel Index (20) and 9-HMA are bullish signals.
Moreover, the Cardano price retailing around $0.9 from the weekly high of $0.11—a 15% decline in the past week—presents a good buying opportunity. Indicators and experts’ forecasts hint at a bounce, placing it among the best cryptos to invest in.
As it gears up for a comeback, top analyst Av_Sebastian hints at a breakout if the $0.91 is flipped from resistance into support. If current support is maintained, BabelHera also eyes a rally toward $1.24 and $1.6. Although primed for a breakout, the DTX Exchange presale offers a higher ROI, making it a more compelling alternative.
DTX Exchange (DTX): A New Solana (SOL) and Cardano (ADA) Contender
The top ICO DTX Exchange (DTX) is a low-cap gem with a timely 50x upside potential after Tier-1 exchange listings. This significant upside potential makes it a solid contender against top crypto coins like Cardano (ADA) and Solana (SOL), with more room for growth.
Find out more information about DTX Exchange (DTX) by visiting the links below:
This news is republished from another source. You can check the original article here