The post Major Trader Who Predicted Avalanche & Chainlink’s Growth Now Focuses on This New DeFi Project appeared first on Coinpedia Fintech News
A top trader who rightly forecasted Avalanche (AVAX) and Chainlink’s (LINK) surges now pays close attention to another DeFi project – DTX Exchange (DTX). This new entrant in the DeFi market is in Stage 2 of its presale, but many experts remain bullish about its long-term growth. They have it pegged as the next 100x DeFi coin in 2024. Let’s see why.
Avalanche (AVAX): A DeFi Coin Riding a Bullish Wave
Avalanche (AVAX) has been a powerful force in the DeFi market for quite some time. According to CoinMarketCap data, the Avalanche price surged nearly 150% in the past year alone. Moreover, crypto analyst Mr Bull claims that this bullish trend will continue. In his X post, he states that AVAX will sweep the low and may explode above $50.
The technical analysis of the Avalanche crypto is also bullish. For example, AVAX is trading above its 100-day EMA while having five technical indicators in the green. Due to all these reasons, market analysts have made a bullish Avalanche price prediction. They forecast a rise to $48 before Q2 of 2024 ends for this DeFi coin.
Chainlink (LINK): Analyst With a New Price Prediction
Chainlink (LINK) is another one of the best DeFi coins. CoinMarketCap data shows the Chainlink price increased by over 170% on the YTD chart. Expert Astronomer states that this DeFi coin’s future looks bright. According to his X post, LINK may break above the $22.7 level and retest its 2022 high of $28.
From a technical analysis, the Chainlink crypto may follow this path. LINK is trading above its 100— and 200-day EMAs, while over ten technical indicators show buy signals. Because of this, experts foresee a growth to $22 within Q2 of 2024 in their Chainlink price predictions.
DTX Exchange (DTX): The Next Big DeFi Crypto
The trader who predicted the growth of Avalanche and Chainlink is now rushing to the DTX Exchange (DTX). This rising presale sensation has already provided early buyers with a 100% ROI while raising over $700,000. Projections indicate this number will reach $1M before the end of June 2024. With this performance, it is clear that traders are excited.
This unique trading platform lets you tap into over 120,000 asset classes, such as bonds, forex and cryptocurrencies, all on one platform. Such flexibility sets DTX apart from competitors and positions it for significant growth. Users also get access to leverage options as high as 1000x—another advantage over its rivals.
The utility token that powers everything within DTX Exchange is called DTX. Holders are entitled to benefits like lower trading fees and governance voting rights. Furthermore, a presale is happening where if someone buys $100 worth of DTX tokens during its presale, they will be entered into a $1M giveaway with ten getting $100K each.
This DeFi coin costs only $0.04 in Stage 2 of its presale. However, this price will reach $0.06 once Stage 3 begins – a 50% ROI for those who buy it now. Due to all these reasons, market analysts forecast DTX will surge by 100x once a Tier-1 CEX lists it in Q3 of 2024. With this movement, DTX could emerge as the best DeFi crypto for fast returns.
Will DTX Exchange Outshine Avalanche and Chainlink?
The famous trader now backs DTX Exchange like he did Avalanche and Chainlink, so its future appears quite bright. This rookie has a low market cap and ties to the $133T bonds market. With these factors, DTX will surge much faster and higher than its rivals. If you wish to buy this one-of-a-kind DeFi coin, sign up for the DTX presale using the links below.