As they say: it’s Bitcoin’s world; altcoins are just there for the ride. The flagship crypto continues its explosive growth, surpassing $99,000 this week. Despite BTC’s dominance, Solana (SOL) and Chainlink (LINK) soared, aiming for further gains.
In the meantime, DTX Exchange (DTX)a new exchange-based cryptocurrency, is being hailed as the future of trading. Its innovative mix of the best elements of CEX and DEX makes it a strong contender, tipped to turn around BNB.
DTX Exchange (DTX): A new Exchange-based token to watch
DTX Exchange (DTX) does not meet the standards as a hybrid trading platform. Instead, it will combine the best elements of CEX and DEX: a hybrid trading platform. It is the hottest new DeFi project and is therefore poised to take the crypto world by storm.
Unlike existing exchange protocols, the trading protocol will include elements such as wallet-based trading and non-custodial storage solutions. Users will be able to trade thousands of assets across stocks, bonds, ETFs, forex and cryptos through a unified wallet without the need for traditional bank accounts. Furthermore, the non-custodial storage solutions will eliminate the need to trust a central authority with assets and funds.
On course to reshape the $10 billion global trading space, it’s a new exchange-based exchange to watch out for that could surpass BNB. It sold out quickly in presale; over $8.3 million has been raised in early funding, laying claim to the best pre-sale of the year. A token costs just $0.10 in the fifth round and is tipped for a 100x increase post-launch, potentially outperforming Solana (SOL) and Chainlink (LINK).
Solana (SOL) to Lead the Bull Cycle?
Solana (SOL), the fourth largest cryptocurrency after flipping BNB, continues its upward trajectory. Solana price shot up 22% over the past seven days, crossing $250. It rose more than 50% on the monthly chart, cementing its status among the top crypto coins.
The coming days and weeks promise even more gains. Aiming to breakout above the all-time high of $260 in 2021, SOL is one of the altcoins to watch. Technical indicators such as the 20-VWMA and 9-HMA are buy signals that indicate price increases.
Moreover, analysts maintain a bullish stance and call it a Solana super cycle. Paper_hands92, a crypto analyst, has $1600 as their Solana price prediction for this bull cycle. Meanwhile, blue_collarvest’s price prediction for SOL in 2025 is $1,300.
Chainlink (LINK): A Top Crypto to Watch
Chainlink (LINK), one of the top altcoins, is trading higher. Despite BTC’s dominance, Chainlink price gained ground, rising 15% on the weekly chart. The stock rose 25% in the past month, up from a low of $10.
Aiming for a breakout above the $18 resistance, the price could rise above $25 in the coming days. LINK price trading above the 10-EMA and 10-SMA are key indicators pointing to further rebounds, making it one of the best cryptos to invest in.
Furthermore, experts are bullish on a rally above $52, an all-time high in 2021. The modest Chainlink price forecast points to a rally above $100 at the peak of this bull run, while more ambitious forecasts point to a rally to $250. With the coming months promising to be explosive, LINK is one of the best altcoins to buy.
DTX Exchange (DTX): A New Token to Watch Alongside Solana (SOL) and Chainlink (LINK)
DTX Exchange (DTX), a new altcoin at the intersection of TradFi and DeFi, combines the best elements of CEX and DEX, making it one of the fastest rising stars. Its innovative trading approach and significant growth prospects make it an excellent bet alongside top altcoins like Solana (SOL) and Chainlink (LINK).
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Credit : coinpedia.org
