Altcoins endured a bloodbath recently and relative strength is what investors want to watch. The best cryptocurrencies to buy this cycle are showing excellent relative strength during the downturn, and these will be the best horses to back this year.
1,000X leverage exchange DTX Exchange (DTX) skyrockets ahead of Binance Coin (BNB) and THORChain (RUNE) with 25X ROI potential. Not all altcoins are created equal, and the crazy amount of volatility in markets is excellent news for trading platforms. This presale is surging ahead, and with more crazy price action inbound investors holding the $DTX token can grab a piece of the action.
DTX Exchange (DTX) Hybrid 1000X Leverage Exchange
DTX Exchange (DTX) has skyrocketed past Binance Coin (BNB) and THORChain (RUNE), and analysts are forecasting a 25X rally before the end of the year. This up-and-coming exchange benefits from heightened volatility and introduces a new era of on-chain trading. It blends the best of decentralized and centralized exchanges to create a new hybrid model.
Self-custody is at the heart of the DTX Exchange, with traders retaining full ownership of their assets instead of facing counterparty risk like they would on a centralized exchange. The platform’s order book is fully on-chain, allowing anyone to verify orders, and it delivers market-leading price execution due to its liquidity aggregation system, known as Distributed Liquidity Pools.
Traders can access 1,000X leverage on this platform and trade over 120,000 financial instruments. It powers access to contracts-for-differences (CFDS), traditional equities, forex, and cryptocurrencies. DTX Exchange is soaring in the current conditions, and staking the $DTX token allows anyone to earn platform revenue and access cutting-edge market research. When volatility rises, trading platforms boom and DTX Exchange is poised to become one of this cycle’s fastest gainers.
Binance Coin (BNB) More Volatility Incoming?
Binance Coin (BNB) has endured a turbulent week and several tumultuous months. The ousting of CZ, the former CEO, left a deep gap to fill, but Richard Teng has stepped up to the role. Binance has started recapturing its market share following various outages from Coinbase and Binance Coin (BNB) trades as a proxy for the exchange’s success. However, Binance Coin (BNB) faces much stiffer competition this time around.
Last cycle, Binance Coin (BNB) dominated due to the success of the Binance Smart Chain, one of the fastest and cheapest blockchains with a booming DeFi ecosystem. Will Solana (SOL) flip Binance Coin (BNB) this cycle? Analysts believe that while $BNB was one of the best cryptocurrencies to buy in the last cycle, it will not be a market leader this year.
THORChain (RUNE) Powering Native Asset Swaps
THORChain (RUNE) is one of crypto’s most interesting decentralized liquidity protocols. Users swapping on THORChain (RUNE) do not have to rely on assets; instead, they can swap native assets across multiple chains. Instead of relying on bridges, users tap into THORChain’s (RUNE) liquidity pools.
Down roughly 50% from its local top, THORChain (RUNE) has touched major support and will need to maintain this level or could suffer another major drawdown. Price predictions forecast THORChain (RUNE) trading between $6.24 and $7.29 in 2024, explaining why $DTX has shot past this native asset swap solution.
DTX is currently in its first presale stage. To learn more about DTX, visit the DTX presale website or join the DTX community.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.