DTX Exchange (DTX): The DeFi Coin With the Most Growth Potential

In the DeFi market, DTX Exchange (DTX) is making a name for itself. It has raised over $800K through its presale so far.

Bitcoin’s price action is set to be impacted by the Mt. Gox creditor liquidations, which could lead to significant selling pressure. As a result, traders are shifting their focus towards DeFi coins that are likely to grow in value. Some of the best DeFi coins to consider this month include DTX Exchange (DTX), Fantom (FTM), Avalanche (AVAX), THORChain (RUNE), and Chainlink (LINK).

DTX Exchange (DTX) is a new DeFi exchange that has already raised over $800K through its presale. The presale is expected to hit $1M by July 31, 2024. The project has even caught the attention of renowned crypto analyst Crypto Gems, who believes that it could be one of the biggest players in the market.

What sets DTX apart from other exchanges is its hybrid trading platform, which provides traders with access to over 120,000 asset classes, including bonds and cryptos, all under one roof. This adaptability, coupled with leverages up to 1000x higher than any other exchange, is set to propel DTX on a massive expansion trajectory within a short span of time.

At the core of the DTX Exchange ecosystem lies its utility token, DTX. By holding this DeFi coin, you gain governance voting rights and enjoy reduced trading fees. Furthermore, anyone who purchases $100 worth of DTX during its presale will automatically be entered into a $1M giveaway, where ten lucky winners will get $100K each.

Currently, this DeFi coin is priced at $0.04 as it progresses through Stage 2 of its presale. This marks a 100% increase from its starting price of $0.02. However, its price will soar to $0.06 once Stage 3 begins - a 50% ROI for those who buy it now. According to experts, DTX Exchange is poised to surge by 50x once a Tier-1 CEX lists it in Q3 of 2024, making it the most promising DeFi crypto.

Another DeFi project to keep an eye on is Fantom (FTM). As one of the major forces in the DeFi space, Fantom has seen its price increase by nearly 90% in the past year alone, according to CoinMarketCap data. Moreover, crypto analyst Altcoin Sherpa states that FTM is consolidating at a key level. His X post states that FTM will be a decent project in the future, thanks to its Sonic pivot.

The technical analysis of FTM crypto also paints a bullish picture. For instance, FTM trades above its 100 and 200-day EMAs while having 16 green technical indicators. As a result, market analysts have made a bullish Fantom price prediction, expecting it to reach $0.73 before the end of Q3 2024.

One of the top DeFi projects at the moment is Avalanche (AVAX). Recently, analyst Quinten made a bold statement about this crypto. According to Quinten, Avalanche will likely see an ETF filing and approval next year. This would bring immense attention to AVAX, which may help its value rise.

Speaking of which, the Avalanche crypto price increased by over 110% on the YTD chart. Not only that, this DeFi coin is trading above its 100-day EMA and has 16 technical indicators in the buy zone. Due to all these bullish Avalanche news and indicators, experts in the crypto field foresee its value soaring to $34 within Q3 of 2024.

Our analysts have also spotted THORChain (RUNE) as a DeFi project to watch while Bitcoin sinks. Recently, THORChain announced that it has now become open source. With this development, this DeFi project becomes more transparent and brings innovation to this space.

Thanks to this bullish THORChain news, its value may rise once more. Over the past 12 months, RUNE saw a surge of nearly 300%. Meanwhile, around nine technical indicators show buy signals. Market analysts note all these factors when making their price predictions. Therefore, they predict the THORChain coin will trade at $5.46 before Q3 of 2024 ends.

Last but not least, we have Chainlink (LINK), which has been one of the best DeFi projects recently. Over the past 12 months, the Chainlink price jumped nearly 150%, according to CoinMarketCap data. Crypto analyst Kyle Chassé claims that LINK will be a top-five crypto before the end of 2024. This is a bold statement that could make waves in the market.

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