Senator Cynthia Lummis has made a daring move by introducing legislation to include Bitcoin in U.S. strategic reserves. While the crypto community is abuzz with this news, another contender from within the digital currency space is gaining traction: DTX Exchange (DTX).
The platform promises to transform online trading and may soon steal the limelight from established tokens such as Kaspa (KAS), Polkadot (DOT), EOS (EOS) and Jupiter (JUP). This Stage 2 presale star has raised over $1.1M and is on track to reach $2M before August ends. Certain analysts hint that DTX could become the next $1 crypto in 2024.
As Lummis’ proposal gets the spotlight, a quiet revolution in online trading is happening at DTX Exchange (DTX). Even major influencers such as Crypto Royal have highlighted DTX Exchange as the next dominant force. In contrast to traditional exchanges that only offer one or another type of system, DTX brings together the best aspects of CEX and DEX into a hybrid model.
This novel approach gives traders access to more than 120K different asset classes—crypto, gold and bonds among them—with up to 1000x leverage. Additionally, many platforms require lengthy KYC checks, but not this one; here, you can trade without having your identity revealed. It’s especially attractive for those who value their privacy and dislike invasive KYC checks.
The heart of the entire ecosystem surrounding DTX Exchange is represented by its utility token, DTX. Holding it grants users access to advanced analytics tools, governance voting rights and lower trading fees. Furthermore, DTX Exchange is organizing a $1M giveaway for early birds: ten lucky winners will receive $100K each.
Currently, DTX is worth $0.04 in Stage 2 of its presale – a 100% increase from its starting price of $0.02. However, this value will jump to $0.06 once Stage 3 begins. Therefore, market analysts predict a potential surge to $1 for DTX within Q3 of 2024 once it hits Tier-1 exchanges. Due to all these reasons, DTX emerges as one of the crypto coins to watch.
Kaspa (KAS) has seen some exciting developments recently. For example, DesheShai shared a graph that shows the worldwide hashrate spike for the first year of Kaspa. In just one year, the hashrate climbed by more than 10,000 times. This milestone is quite bullish as it shows the level of attention that Kaspa mining is getting.
The Kaspa coin value has jumped over 430% in the past 12 months. KAS is also now trading above its 50—and 100-day EMAs and has 26 green technical indicators. Due to all these bullish Kaspa news and indicators, market analysts forecast its value to reach $0.27 before Q3 of 2024 ends.
Polkadot (DOT) has been riding a bullish wave recently. According to CoinMarketCap data, the Polkadot price jumped over 5% in the past 12 months. Crypto analyst AMCrypto also remains bullish for this token. In his X post, he claims that DOT now sees an inverse head and shoulder pattern, which could mean a breakout, pushing its value to $8.
The technical analysis for the Polkadot crypto suggests this statement has some merit. For instance, DOT trades above its 200-day EMA with nine green technical indicators. As a result, experts in the crypto field have made a bullish Polkadot price prediction – reaching $7 within Q3 of 2024.
Meanwhile, EOS (EOS) has been experiencing some turbulence. On the YTD chart, the EOS price fell nearly 25%, according to CoinMarketCap data. Nevertheless, World Of Charts made a bullish statement about EOS. In his X post, he claims that EOS is seeing a descending trendline breakout that could lead to a solid recovery.
From a technical analysis perspective, the future of the EOS coin appears bright. Currently, around six technical indicators are in the buy zone for EOS. When making their EOS price prediction, market analysts consider all these factors. Thus, they predict its value will reach $0.70 before Q3 of 2024 ends.
Jupiter (JUP) is a crypto that has recently captured some attention. Notably, Jupiter revealed that they have integrated 1intro’s 1DEX into their Jupiter Routing. With this development, people can access 1DEX’s liquidity pools across all AMMs on Jupiter.
This bullish Jupiter crypto news may trigger a rally for this token. Speaking of which, the JUP value has increased nearly 40% on the YTD chart. Not only that, the Jupiter coin is now trading above its 21-day EMA while having eight green technical indicators. As a result, experts predict that Jupiter will trade at $1.41 within Q3 of 2024.
Senator Lummis’ efforts to make Bitcoin a strategic reserve asset will lead to an upheaval in the cryptocurrency ecosystem. In this environment, DTX Exchange may rise faster than Kaspa, Polkadot, EOS and Jupiter. Unlike them, DTX has connections to many trillion-dollar financial markets, like the $133T bonds and a lower market cap.
Therefore, DTX will need far fewer new funds injected into it for its price to skyrocket while remaining more stable in volatile waters. If you wish to buy this game-changing token, sign up for the DTX Exchange presale using the links below.
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
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