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Analyst Leaks Next Binance Listing? This DeFi Crypto Is Being Compared to SOL in 2022 After Raising $8.2 Million

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Many new cryptocurrencies have secured price peaks after launching on large-scale exchanges like Binance. This year, an emerging project, DTX Exchange (DTX), has stolen the spotlight with its explosive presale rally. Industry insiders have high hopes about its Q4 listing on Binance as the presale is nearing the $10M mark. 

Experts compare the DTX Exchange potential to the Solana price in 2022, one of the worst years in the project’s history. However, those investors who bet on SOL utility at that dip now enjoy billions in profits. In this article, we’ll rewind the year 2022 for Solana price and why experts compare the DTX Exchange to the SOL growth history. 

$50 Billion Wipeout: Solana Price History to $9 From $252 

The Solana price rode 2021’s bullish wave, making a new all-time high at $252. However, this bull run was soon waved off as the 2022 crypto market experienced devastating events for the altcoins and the whole industry. The most notable among them was the FTX crash and collapse of Terra Luna, which sparked a deep wave of mistrust for the cryptos. 

In 2022, SOL lost $50 billion of its market cap, crashing from the $252 peak to a bare $9.7 price level. 

Source: CoinMarketCap

However, this devastating situation for the Solana price eventually attracted large stakeholders due to its utility and L1 solutions. Large-scale accumulation in 2023 pushed the SOL token to where it is now, in the top 3 rankings after Bitcoin and Ethereum.  

Why Experts Compare SOL and DTX Before Listing Announcements

Now the question remains as to why the Solana price potential is compared to DTX Exchange’s growth. The answer is the same potential to rise from the ashes due to its relevant technologies, cutting-edge trading utility, and pioneering capabilities to solve industry problems with the first-ever hybrid layer-1 blockchain with no gas fees and lightning-fast execution speed.

Furthermore, DTX Exchange competes with the Solana ecosystem in blockchain stats and user-centric approaches. While SOL blockchain can process around 2,000 TPS in practice, DTX Exchange has shown a record-breaking performance of 10,000 TPS on the testnet. These developments can push DTX Exchange on the same road as the Solana price, potentially flipping ranking tables after its Q4 listing. 

Global Traders Buy DTX Exchange at $0.1 For 10,000% Listing Rally 

DTX Exchange (DTX) is the first-ever unified asset marketplace with decentralized security standards and a hybrid trading mode. The DTX platform takes one step ahead of existing marketplaces by hosting 120k+ trading assets across stocks, cryptos, forex, equities, and CFDs on a single platform. It also features 1000x leverage for traders to acquire higher market positions. 

The high-speed DTX Exchange batch 5 presale has crossed $8.2 million as large-scale traders explore its decentralized security protocols after the launch of its own non-custodial ‘Phoenix Wallet’. Traders endorse DTX Exchange (DTX) for its trader-centric narratives and the introduction of passive income techniques to incentivize traders to contribute to distributive liquidity pools. 

After the pre-listing on CoinMarketCap, investors have one final chance to acquire DTX tokens at $0.1 in batch 5 of the public presale as more than 38% of the tokens are sold. Experts predict that DTX Exchange can mirror Solana’s growth trajectory after its Binance listing in December, yielding 10,000% returns for early buyers.  

Conclusion

DTX Exchange (DTX) is poised to follow the explosive growth trajectory of the Solana price through its groundbreaking technology and record-breaking presale. While SOL crypto is poised for continued growth, DTX Exchange has massive early-stage potential as industry experts forecast 10,000% returns after its exchange listing. 

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Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.