The post Japanese Crypto Exchange Bitbank Aims for IPO on Tokyo Stock Exchange, DTX Exchange Presale Becomes New Crypto Darling appeared first on Coinpedia Fintech News
The Japanese cryptocurrency exchange Bitbank has revealed its intention to become public through an IPO on the Tokyo Stock Exchange. This is a major event for both Bitbank and Japan’s crypto ecosystem. While they prepare for their IPO, another project in the crypto market is getting all the attention: DTX Exchange (DTX).
This Stage 2 presale star has already soared by 100% and traders have taken notice. They claim this project will become a dominant force in online trading thanks to its hybrid trading model and accessibility. Certain analysts have pegged DTX as the next $1 crypto in 2024 and that it may soar faster than Toncoin (TON), Jupiter (JUP), Optimism (OP) and Ondo (ONDO).
DTX Exchange (DTX): Among the Hottest Presales This Month
While Bitbank is generating buzz with its plans for an IPO, the DTX Exchange (DTX) presale is quietly attracting trader interest. It has already raised over $1.2M and is on track to reach $2M before the end of August 2024. Prominent crypto influencers like YouTuber Crypto Volt have taken note of this project – predicting it could revolutionize online trading.
At its core, DTX Exchange will implement the best features of CEX and DEX into one platform. Thus, users can explore over 120K asset classes like gold, commodities and cryptos with leverage of 1000x. Additionally, fast transaction speeds such as 0.04 seconds and no sign-up KYC checks will give DTX Exchange an advantage over its peers.
The DTX utility token powers the entire ecosystem of DTX Exchange. For holders of the token, benefits include governance voting rights, reduced trading fees, and access to advanced analytics tools. In addition, those who buy $100 of DTX in its presale will enter a $1M giveaway, where ten lucky traders will walk away with $100K each.
Currently, one DTX costs only $0.04 since it is in Stage 2 of its presale, a 100% increase from its starting price. However, this price will rise to $0.06 once Stage 3 begins – another 50% jump. Due to all these factors, experts predict a potential surge to $1 for DTX once a Tier-1 CEX lists it in Q3 of 2024.
Toncoin (TON): Token Staking Launched
Toncoin (TON) is another crypto that has seen some exciting developments. Recently, the TON blockchain revealed that Tonstakers has launched token staking. With this event, users can earn rewards with high APR by staking various tokens from many TON projects. Furthermore, staking tokens on Tonstakers protects people from impermanent loss.
This bullish Toncoin news may trigger a rally for this coin. Speaking of which, the Toncoin crypto value jumped nearly 450% in the past year alone. Additionally, TON is trading above its 50 and 100-day EMAs while having 11 green technical indicators. Thus, market analysts foresee Toncoin trading at $7.30 before the end of Q3 2024.
Jupiter (JUP): A Potential 46% Surge Incoming
Jupiter (JUP) is a token that also shows green price charts. As per CoinMarketCap data, the Jupiter price increased over 35% over the past 12 months. Moreover, crypto analyst Nihilus also made a bold statement. According to his X post, JUP will see a 46% surge to $1.18 soon.
The technical analysis for the Jupiter coin also supports this statement. For instance, around six technical indicators are in the buy zone for JUP. Experts take note of all these factors when making their Jupiter price prediction. Therefore, they predict the Jupiter crypto will soar to $1.80 within Q3 of 2024.
Optimism (OP): Analyst Remains Confident
Optimism (OP) has been riding a bullish wave recently. On the YTD chart, the Optimism price fell nearly 5% in the past year alone. Crypto analyst Waleed Ahmed claims this bullish trend will continue. His X post predicts OP will surge to $6.84 soon.
When looking at the Optimism crypto technical analysis, there are also many bullish signals. For example, OP trades above its 100-day EMA, while five technical indicators show buy signals. Due to all these factors, market analysts have made an Optimism price prediction—reaching $3 before Q3 of 2024 ends.
Ondo (ONDO): New Aptos Integration
Another crypto that has seen some noteworthy developments is Ondo (ONDO). Recently, Ondo Finance announced that USDY, which is a permissionless yield coin, has gone live on Aptos. With this development, Aptos users can get USDY and leverage it against many DeFi applications.
The Ondo crypto value has jumped nearly 450% on the YTD chart. Furthermore, ONDO now boasts around five technical indicators showing buy signals. Thanks to all this bullish Ondo news and indicators, experts in the crypto field forecast a surge to $1.20 within Q3 of 2024.
Will DTX Exchange Bring More Returns Than Toncoin, Jupiter, Optimism and Ondo?
At the moment, DTX Exchange has a strong chance of outperforming well-known cryptocurrencies such as Toncoin, Jupiter, Optimism, and Ondo. This rookie has a lower market cap and ties to multiple trillion-dollar financial markets, like the $133T bonds one.
Therefore, DTX needs fewer new funds for its price to reach its full growth potential. If you wish to buy this crypto, sign up for the DTX Exchange presale using the links below.