The crypto market resumes its onward charge, with sentiment quickly turning optimistic and euphoric. Binance Coin (BNB) gained over 10% in the past few days and Avalanche isn’t far behind either.
DTX Exchange (DTX), an emerging cryptocurrency, also rides this bullish wave. It recently crossed the $1.6 million fundraising milestone, drawing closer to the $2 million funding goal. Also driving interest is its staggering growth prospects, hailed as the next billion-dollar project by industry experts.
DTX Exchange (DTX): Primed for a 100x Jump After Listing
DTX Exchange (DTX), an emerging altcoin, has been one of the month’s biggest highlights. Amid huge interest and demand, early funding soared past $1.6 million. Interestingly, this feat was achieved at a record pace, with the $2 million fundraising goal to be reached even faster.
A standout feature of this new blockchain-based project is its hybrid exchange protocol. It aims to bridge the gap between traditional and decentralized finance by combining key elements of centralized and decentralized exchanges. The significance is that users can trade thousands of assets on a single platform (cryptos, stocks and commodities), poised to transform the $10 billion global trading market.
Further contributing to its appeal is its astounding upside potential. Being a low-cap gem in round 2 of the presale, a token costs only $0.04 and is tipped for a significant 100x jump after listing on top-tier exchanges. It is a no-brainer that it is a more promising alternative than BNB and Avalanche—the next billion-dollar project.
Binance Coin (BNB) Approaches $600
Binance Coin (BNB) was one of the top runners following the market’s resurgence. As the native utility token of the entire Binance ecosystem, including the centralized exchange and BNB Smart Chain, it is constantly in demand.
The latest market rally pushed the BNB coin past $560. It has gained about 10% on the weekly chart, with sights set on flipping the $600 level next. With a buying spree unfolding, price actions are poised to go parabolic and one of the best ways to position is by holding BNB.
Given its growth prospects, a top analyst predicts the BNB price will jump past $1,000 before the year’s end. This will see it flip the current all-time high (ATH) of $720 and go on a price discovery.
Avalanche (AVAX) Targets $40 Before End of Q3
Avalanche (AVAX), a layer-1 blockchain and token, wasn’t exempt from the latest market jump. It is up by over 20% in the past seven days, highlighting growing demand and interest. As a platform for decentralized applications (dApps) and custom blockchain networks, its solid fundamentals make up one of its many attractions.
It recently jumped past $25. While this is a long way from its annual peak of $60 registered in March, it continually shows promises. Indicators hint at a rally past $40 in the value of the Avalanche coin before the end of Q3—a worthwhile token to hold.
Additionally, as the Avalanche blockchain gets more adopted, demand for AVAX is poised to skyrocket. Given the 80% decline from its ATH of $146, it is one of the best coins to invest in at the current market price. To make the most of this bullish wave, the Avalanche coin is a horse worth betting on.
Conclusion
Amid the significant gain in the prices of Avalanche and BNB, DTX Exchange has emerged as a more compelling alternative. Its growth prospect as an up-and-coming cryptocurrency with a low entry point makes it a new altcoin to bet on.
Learn more:
