Donald Trump, the former President of the US, declared himself the “Crypto President,” causing a wave in the crypto sector. This statement was met with excitement as many DeFi coins like Avalanche (AVAX) and Chainlink (LINK) skyrocketed. Meanwhile, a Stage presale star – DTX Exchange (DTX), has also made a name for itself as analysts foresee a 100x surge in 2024.
Avalanche (AVAX): Major Analyst Foresees a $100+
Avalanche (AVAX) is one of the top DeFi projects. According to CoinMarketCap data, the Avalanche price has increased over 180% over the past 12 months. Crypto analyst Altstreet Bets claims that this bullish trend will continue. In his X post, he forecasts a potential rise to $100+ for AVAX soon.
The technical analysis of the Avalanche crypto also supports this statement. For example, AVAX trades above its 50- and 100-day EMAs with seven green technical indicators. As a result, market analysts foresee a potential surge to $48 before Q2 of 2024 ends in their Avalanche price predictions.
Chainlink (LINK): A Heavily Undervalued DeFi Coin
Chainlink (LINK) is another DeFi token that is making headlines in the crypto market. Major crypto analyst Michaël van de Poppe made a bullish statement about this project. According to Poppe, LINK is now an undervalued DeFi coin. He expects Chainlink to be at the cycle low soon, which could trigger a 150% surge.
The Chainlink price has jumped over 200% in the past year alone. Moreover, 13 technical indicators are in the buy zone for this crypto. Due to all these reasons, experts in the crypto field have made a bullish Chainlink price prediction. They forecast the Chainlink coin to trade at $26 within Q2 of 2024.
DTX Exchange (DTX): Climbing the Promising DeFi Crypto List
In the middle of all the fuss about Trump’s statement, an innovative DeFi coin has emerged: DTX Exchange (DTX). The platform is gaining popularity in the crypto world as it has a hybrid trading model combining DEX and CEX features. Thus, users can trade over 120,000 different assets, including stocks, forex and cryptocurrencies, on one platform.
Not only that, DTX Exchange stands out from its peers as it allows traders to make huge profits. It accomplishes this through leverage options up to 1000x while transaction speeds can be as low as 0.04 seconds, enabling efficient trading.
The whole system is powered by the DTX token, which also comes with many holder benefits. For example, holders of this DeFi crypto will experience lower trading fees, priority customer support and governance voting rights. Not only that, those who own $100 of DTX during its presale enter a $1M giveaway, where ten lucky holders receive $100K each.
These benefits have attracted traders, helping DTX Exchange raise over $650K in its presale so far. Certain projections indicate that $1M will come before June 2024 ends. With the DTX token now costing just $0.04 in Stage 2 of its presale, experts remain bullish as this is a 100% rise from its starting price. Thus, they foresee a 100x surge once a Tier-1 CEX lists it in Q3 of 2024.
What Gives DTX Exchange the Edge Over Avalanche and Chainlink?
Donald Trump’s declaration as the “Crypto President” did shake up the cryptocurrency world. It increased demand for some already established DeFi coins, such as Avalanche and Chainlink and may also put new players like DTX Exchange on the map. In this environment, DTX stands out as it has a low market cap and ties to many trillion-dollar financial markets.
For example, it will tap into the FX market, which may reach $1.4T by 2032. Therefore, DTX will surge much faster and remain stable in a turbulent market. With this advantage, DTX emerges as the best DeFi coin right now.
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