Chasing 100x with memecoins often ends up with traders getting burnt. Instead, investment in solid ICOs has become a key strategy among seasoned investors. The latest in the spotlight is DTX Exchange (DTX), likened to Binance Coin’s (BNB) 2017 ICO at $0.15.
This new blockchain-based project takes a different approach from Binance by integrating the best elements of CEX with DEX. With adoption all but certain, Solana (SOL) whales have been stacking up, positioning themselves for the impending bullish waves.
DTX Exchange (DTX): The Next Big ICO
DTX Exchange (DTX), a new ICO likened to the 2017 Binance Coin (BNB) ICO, is the latest crypto sensation. Tipped to match BNB’s 600000% growth post-launch, it is one of the best new cryptos to invest in. It also shares similarities with Binance but with one key difference: a hybrid exchange platform.
By combining the key elements of CEX and decentralized exchanges, DTX will build a one-stop platform that balances accessibility with security and privacy. Further, its one-stop platform will allow users to trade diverse assets across stocks, bonds, forex, commodities and cryptocurrencies, with up to 1,000x leverage on select assets.
Given the above, it is on track to reshape the $10 billion global trading scene. Meanwhile, it presents a good buying opportunity at the current price of $0.06 in the third ICO round. With Solana (SOL) whales showing a keen interest—pushing it above $4 million in early funding—it is a promising wave not to miss.
Binance Coin (BNB): 600,000% Gain Since ICO
Binance Coin (BNB), one of the biggest crypto successes, launched as an ICO in 2017. The event lasted from June 26th to July 3rd, 2017, with a token going for $0.15 per BNB. According to available data, 200 million tokens were issued at launch: 40% to the team, 10% to angel investors and 50% to ICO investors.
Since its debut 7 years ago, the BNB price has skyrocketed. According to CoinMarketCap data, Binance Coin (BNB) exploded by about 600000% from its August 2021 all-time low of $0.09. Early ICO investors made life-changing gains, at least those who held.
Today, the BNB coin trades above $570, with a 4% upward change. It is tipped to end the year above $1,000, positioning it as one of the best cryptos to invest in. To ride this year’s bullish wave, BNB is a compelling altcoin to hold.
Solana (SOL): Eyes on $500 by Year’s End
Solana (SOL) is one of the most popular names in the crypto landscape. Its solid fundamentals as a DeFi solutions and services provider contribute to rising demand and its ascent. On the altcoin list, it is only behind Ethereum (ETH) and Binance Coin (BNB).
Building on 2023’s remarkable performance, Solana (SOL) is having an impressive year. Despite recent volatility, the Solana price is up over 500% on the yearly charts, from a low of $22. In the past 7 days, SOL recorded a slight decline, trading above $140.
The coming weeks are expected to usher in a strong bullish wave and Solana is among the altcoins to watch out for. It is on track to end the year above $500, positioning it as one of the best cryptos to invest in.
Conclusion
DTX Exchange (DTX) is poised to replicate the success of the 2017 Binance Coin (BNB) ICO. As a blend of CEX and DEX, while bridging the gap between TradFi and DeFi, it has captured market interest, including that of Solana (SOL) whales.
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