Given the instability of the crypto market, traders are turning towards exchange coins. These tokens have demonstrated durability and the possibility of returns by being linked to crypto exchange performance. Below are five exchange coins attracting interest: DTX Exchange (DTX), Binance Coin (BNB), Uniswap (UNI), Bitget Token (BGB) and THORChain (RUNE).
DTX Exchange (DTX): Among the Top Exchange Coins
DTX Exchange (DTX) is a rookie exchange coin that has been gaining momentum recently; in its ongoing presale, DTX Exchange has gained over $750K and is set to reach $1M before June 2024 ends. Furthermore, the token’s performance has been impressive, with a 100% ROI for early traders.
At its core, DTX Exchange aims to dominate the online trading space with its hybrid trading model. Unlike Binance, which is centralized, DTX combines features from both CEX and DEX. This new system allows traders access to 120,000 asset classes, such as stocks, FX and cryptocurrencies. Additionally, users remain anonymous since no KYC checks are performed.
The utility token DTX serves as its foundation, providing several advantages. Apart from reduced trading fees, users who hold this exchange coin have governance voting rights and can access advanced analytics tools. Moreover, anyone buying $100 worth of DTX during its presale will enter a $1M giveaway, which rewards ten people with $100K each.
One DTX token now costs $0.04 since it is in Stage 2 of its presale. However, this price will rise to $0.06 once Stage 3 begins—a 50% ROI if you buy it now. Thanks to its ties to the flourishing $1.4T stock market, experts remain bullish on its long-term growth. They foresee a 100x surge for this exchange coin once a Tier-1 CEX lists it in Q3 of 2024.
Binance Coin (BNB): A Powerful Player in the Exchange Coin Sector
Next, we will talk about Binance Coin (BNB), an exchange coin riding a bullish wave. CoinMarketCap data shows that the Binance Coin price surged over 140% in the past year alone. Crypto analyst TraderSZ remains bullish on this exchange coin. In his X post, he states he is long on this crypto and may even reach $674.
The technical analysis of Binance Coin crypto supports this claim. For example, BNB is trading above its 100—and 200-day EMAs while having 13 green technical indicators. Thus, in their Binance Coin price predictions, market analysts foresee a potential jump to $764 before Q2 of 2024 ends.
Uniswap (UNI): Major News May Cause a Rally
The third place on our top exchange coin list is Uniswap (UNI). This project has seen some exciting developments recently. Notably, Uniswap announced that it has gone live on the Zora Network. Thanks to this development, users can swap on Zora with the Uniswap web and mobile app while providing liquidity on V2 and V3.
The Uniswap coin value movement rose nearly 70% on the YTD chart. Moreover, around 14 technical indicators are in the buy zone for UNI while it trades above its 50—and 100-day EMAs. Because of all this bullish Uniswap news and indicators, experts foresee a rise to $13 within Q2 of 2024.
Bitget Token (BGB): New Alliance With Foresight Ventures
Our analysts have also considered Bitget Token (BGB) a promising exchange coin. Bitget announced a new $20M TON Ecosystem Fund, developed in collaboration with Foresight Ventures. This fund aims to help early-stage projects build on the TON Network.
As a result of this major Bitget Token news, the interest in its crypto will rise. Speaking of which, the BGB value rose over 120% in the past year alone. Additionally, Bitget Token crypto trades are above its 100 and 200-day EMAs, with 13 technical indicators in green. Therefore, analysts predict that Bitget Token will trade at $1.58 before the end of Q2 2024.
THORChain (RUNE): A Potential Pump Incoming
Last, we will discuss THORChain (RUNE), an exchange coin trading in the green. According to CoinMarketCap data, the THORChain price surged over 300% in the past 12 months. Crypto analyst Josh claims RUNE has reached its bottom and may soon pump. His X post predicts a potential rise to $5 for this exchange coin soon.
The technical analysis of the THORChain crypto is also bullish. Notably, RUNE is trading above its 100 and 200-day EMAs while having eight green technical indicators. Therefore, market analysts have a new THORChain price prediction – reaching $6 before Q2 of 2024 ends.
Closing Thoughts on the Best Exchange Coins
In light of the current crypto market dip, these exchange coins are bound to surge. However, one of them stands out – DTX Exchange. This rookie has a lower market cap and ties to multiple trillion-dollar financial markets. Thus, DTX will soar faster and more easily than Binance Coin, Uniswap, Bitget Token and THORChain.
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