Top 5 DeFi Coins With the Most Potential in 2024

Ryan Selkis, the head of Messari, has announced that his company is breaking free from the SEC and is now waging a war against it.

As Messari CEO Ryan Selkis's war against the SEC intensifies, the DeFi market is poised to garner significant attention. Amidst this development, traders are flocking to these five DeFi coins that boast immense potential: DTX Exchange (DTX), Avalanche (AVAX), Chainlink (LINK), Injective (INJ), and Fantom (FTM).

Among these, DTX Exchange (DTX) has emerged as a standout rookie in Stage 2 of its presale. Having already surged by 100%, DTX is now poised to become the next 100x DeFi crypto in 2024.

Best New DeFi Projects: DTX Exchange (DTX)

DTX Exchange (DTX) has been hailed as one of the fastest-growing DeFi projects this year. Its ongoing presale has already garnered over $850K, and certain projections indicate that this number will reach $1M before July 2024 ends. Crypto Nitro, a well-known crypto YouTuber, has endorsed the project, stating that it can easily become one of the biggest DeFi coins.

What truly sets DTX Exchange apart is its revolutionary hybrid trading model. This model combines the strengths of both CEX and DEX into a single platform, allowing users to trade more than 120K asset classes, ranging from bonds to cryptos. Moreover, DTX Exchange doesn't require any sign-up KYC checks, ensuring traders' anonymity and catering to the needs of millions.

The DTX utility token plays a crucial role within the DTX Exchange ecosystem. Holders of this DeFi coin gain governance voting rights, access to advanced analytics tools, and reduced trading fees. Additionally, those who buy $100 of DTX during its presale will be entered into a $1M giveaway. DTX Exchange will reward ten lucky people with $100K each in this giveaway.

This DeFi coin is currently priced at $0.04 as it is in Stage 2 of its presale. This marks a 100% increase from its starting price of $0.02. However, once Stage 3 begins, it will reach $0.06 — a 50% ROI for all those who buy it now. Thanks to its ties to the $133T bonds market, experts remain bullish for DTX's long-term growth. They foresee a 100x surge once a Tier-1 CEX lists DTX in Q3 of 2024.

New Gamestarter Collaboration Pushes Avalanche (AVAX) Up

Next on our list is Avalanche (AVAX). Recently, Avalanche announced a major collaboration with Gamestarter to bring GameChain to the people. Gamechain is an L1 solution designed to aid in the creation of Web3 games. This development will also contribute to a surge in interest in the Avalanche crypto.

This DeFi coin has been on an uptrend as its value soared nearly 100% in the past 12 months. Moreover, Avalanche is now trading above its 100-day EMA while having 12 technical indicators in the green. Considering all this bullish Avalanche news and indicators, market analysts foresee a rise in its value to $30 within Q3 of 2024.

Our analysts have also observed that Chainlink (LINK) is a significant force in the DeFi market. According to CoinMarketCap data, the price of LINK increased by over 110% on the YTD charts. Moreover, crypto analyst AMCrypto claims that this DeFi coin has reached its bottom and bounced back perfectly. Thus, he predicts a potential surge to $73 for LINK soon.

The technical analysis of the Chainlink coin supports this claim. For example, LINK trades above its 100 and 200-day EMAs while ten technical indicators are in the buy zone. As a result, experts have made a bullish Chainlink price prediction. They forecast a potential jump to $15.42 for this DeFi crypto before Q3 of 2024 ends.

Injective (INJ) Trading Volume Reaching New Highs

Injective (INJ) is second-to-last on our top DeFi crypto list. Recently, Injective revealed a major milestone may soon come. In their new X post, Injective revealed that they are reaching a two-month ATH in daily trading volume with $34.7B. This achievement shows the level of interest that traders have in Injective crypto.

The Injective coin value movement has jumped over 150% in the past 12 months. Additionally, INJ trades above its 100-day EMA while seven technical indicators are flashing green. Market analysts note all this Injective news and indicators when making their price predictions. Thus, they predict a rise to $22 for INJ within Q3 of 2024.

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