The DeFi market is thrilled right now because well-known traders from platforms such as Avalanche (AVAX) and Ethena (ENA) have shifted their focus onto a different presale hype called DTX Exchange (DTX). Analysts have pegged this Stage 2 presale star as the next $0.5 DeFi coin in 2024. Let’s see why it has caught the market’s attention.
Avalanche (AVAX): New Robinhood Development
Avalanche (AVAX) has recently been making headlines in the DeFi market. According to Avalanche, EU customers will now be able to learn & earn AVAX on Robinhood. Thanks to this development, more traders can obtain this DeFi coin by participating in its latest education program.
With this Avalanche news, the crypto may see a price increase. This DeFi coin’s price has surged over 150% in the past year alone. Not only that, but there are now over ten technical indicators showing buy signals for the Avalanche crypto. Thus, market analysts predict that Avalanche will trade at $47 before Q2 of 2024 ends.
Ethena (ENA): Major Blast Announcement
Ethena (ENA) is another DeFi coin with some exciting developments. Notably, Ethena Labs announced that it will use the Blast L2 solution to launch its USDe and sUSDe tokens. This breakthrough allows Ethena to realize native returns in the market.
Thanks to this bullish Ethena news, this crypto may see a surge in value. The Ethena crypto value has increased by around 30% in the last twelve months alone. Nine technical indicators currently show a buy signal, so market analysts predict that Ethena will hit $1.23 sometime during Q2 2024.
DTX Exchange (DTX): Among the Most Desired New DeFi Projects
DTX Exchange (DTX) is a different kind of DeFi project making history in the industry because of its unique trading platform. Unlike traditional exchanges, DTX Exchange is a hybrid platform combining CEX and DEX features. This ground-breaking combination provides individuals with unmatched benefits.
For example, while Coinbase or Binance only focuses on cryptos, DTX Exchange allows the trade of over 120,000 asset classes (cryptos, bonds, stocks, etc.) with leverage of up to 1000x. Not only that, DTX Exchange also requires no KYC checks and as privacy is becoming more desirable – millions of traders may turn to this new platform.
The platform’s utility token, DTX, is now in its presale run, which has been stellar so far. In fact, it has already provided early buyers with a 100% ROI while also raising over $600,000. This number is projected to reach $1M before June 2024 ends, which means that global traders are rushing to buy this DeFi coin.
Currently, one DTX is worth just $0.04 since it is in Stage 2 of its presale. But, this price will increase by 50% to $0.06 once Stage 3 begins. Certain experts even forecast a potential jump to $0.5 once DTX hits Tier-1 exchanges in Q3 of 2024. Given its ties to the $133T bonds market, this prediction seems very possible – making it one of the best DeFi coins.
Why Are Avalanche and Ethena Traders Rushing to DTX Exchange?
Unlike Avalanche and Ethena, DTX Exchange has a low market cap and real-world connections to many flourishing financial markets. This means that DTX will soar much faster and higher than most DeFi coins. If you wish to buy DTX, now is the perfect time, as those who own $100 of DTX in its presale enter a $1M giveaway. So, sign up for it using the links below.