A new token in the crypto space is gaining traction: DTX Exchange (DTX). Recently launched on CoinMarketCap, DTX has attracted interest with some unique characteristics. Some analysts are comparing Sui (SUI) and Tron (TRX), two huge crypto coins that have been showing green charts recently. Since DTX will be connected to the $133T bonds market, analysts think it could see the same growth as well.

DTX Exchange (DTX) To Revolutionize Online Trading

DTX Exchange (DTX) is among the most discussed upcoming trading platforms. It aims to dominate this space by closing the gap between centralized and decentralized exchanges. As a result, it will launch a hybrid trading platform that will benefit both entities.

With this hybrid trading model, DTX Exchange will stand out from its rivals like Binance or Coinbase. For instance, while they focus on crypto currencies only, DTX Exchange will allow the trade of over 120K asset classes. These include FX, CFDs, crypto coins, etc. Thus, people will be able to enter all these markets, like the $1.4T FX one.

The DTX utility token was recently listed on CoinMarketCap. This is a big step forward, as more people will be able to learn about this altcoin. Currently, DTX is in phase four of its crypto ICO event. Those who bought it early are seeing a 300% return so far, as DTX costs $0.08 right now. But phase five will bring a 25% price rise to $0.10. Given its launch price of $0.20, DTX may be one of the best cryptos to buy right now.

Ika Makes an Exciting Sui (SUI) Announcement, Price Rises

Sui (SUI) is also making some headlines in the crypto market. Recently, Ika revealed that people can now access and program $2.3T in assets on Sui. They will also ship sub-second MPC finality without any bridges needed.

This bullish Sui news could trigger a rally for this coin. CoinMarketCap shows that this altcoin’s price jumped nearly 10% in the past 30 days. Currently, the Sui crypto is trading between $1.88 and $2.04.

Crypto analyst Alex Clay also made a bullish statement for Sui (SUI). In his X post, he says that Sui has seen a positive retest of a broken neckline of C&H formation. Alex predicts a potential surge to $9.6 for the Sui coin soon.

Tron (TRX) Joins Chainlink Scale, a Rally Incoming

Tron (TRX) is another crypto currency that has made headlines. The Tron crypto value movement has increased nearly 10% on the one-month chart. Currently, this altcoin’s price is between $0.15 and $0.17.

Recently, Tron founder Justin Sun revealed that Tron has joined the Chainlink Scale. It now adopts the Chainlink Data Feeds as its official oracle. Thanks to this event, Chainlink will secure $6.5B in TVL.

The technicals for the Tron coin also show some bullish signs. Its 14-day RSI sits at 71, close to its buy zone. Plus, this altcoin is sitting above its 10-day EMA of $0.165 and its 30-day EMA of $0.160. Due to all this bullish Tron news and signals, experts remain optimistic.

Can DTX Exchange (DTX) Take Off Like Sui (SUI) & Tron (TRX) Did?

While Sui (SUI) and Tron (TRX) are still making gains in the crypto space, DTX Exchange (DTX) is making a name for itself. Experts think this rookie could see the same gains or even better. This is because DTX will have a smaller market cap than them. Therefore, it needs less money for its price to rise – bringing faster returns to all traders. Its ties to trillion-dollar financial markets also make it a token to watch.

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The post New Exchange Token Could See the Same Price Trajectory As Sui (SUI) & Tron (TRX), Here’s Why appeared first on Blockonomi.