The bulls are regaining momentum, with the crypto market set to explode. Hence, there might not be a better opportunity than now to position well. Aiming to make the most of this bull run, an early Ethereum (ETH) holder who also called Sui (SUI) when it was at $0.7 has been stockpiling DTX Exchange (DTX).
This cryptocurrency stands out as a hybrid exchange protocol—combining the best elements of centralized and decentralized exchanges. It also aims to bridge the gap between TradFi and DeFi by providing a one-stop platform for trading diverse assets.
DTX Exchange (DTX): New Hybrid Exchange Platform Stirring Much Buzz
DTX Exchange (DTX) is quickly gaining traction in the crypto world thanks to its unique offering. As a hybrid exchange platform, it aims to transform the $10 billion global trading space by combining the best elements of decentralized and centralized exchanges.
Through this approach, it aims to address key challenges like privacy, non-transparency, financial exclusion and global inaccessibility. It will employ an on-chain order book to maintain a transparent record of all buy and sell orders. Equally important is its wallet-based trading and on-chain storage of assets, making it primed for adoption.
In the third stage of the ICO, a token costs $0.06 and over $3.5 million has been raised in early funding. With its current price offering a low entry, a 75x jump in value is anticipated after its launch, explaining the rising interest from Ethereum (ETH) and Sui (SUI) holders. To invest in the future of trading, this is a new DeFi project worth backing.
Ethereum (ETH): Trades Below the $2,500 Support
Ethereum (ETH) is the leading altcoin and DeFi giant. The Layer-1 blockchain platform facilitates the creation of dApps and hosts other cryptocurrencies. Its ecosystem is the most vibrant, making the Ether token one of the best coins to invest in.
The SEC’s approval of Ethereum ETFs and their debut on Wall Street in quarter 3 was a remarkable stride toward mainstream adoption. Inflows into this investment product have been bullish for the altcoin, although below the huge expectation.
In the crypto market today, the Ethereum price is down over 7% on the weekly charts. It trades below the $2,500 support and its decline can be linked to geopolitical tension in the Middle East. Nevertheless, a comeback is on the cards, positioning it as one of the best cryptos to invest in at the current market price.
Sui (SUI): Eyes on a New ATH
Sui (SUI), a Layer-1 token, was arguably the biggest winner in quarter three. Despite broader bearish pressure, it soared, outperforming most top altcoins. One of the catalysts behind its uptick was the USDC integration, alongside positive sentiment.
The Sui price skyrocketed over 140% in the past 30 days, touching $1.9 from a low of $0.7. On the weekly charts, a 12% gain has been recorded, highlighting rising confidence. As it prepares to flip the $2 resistance, next on its target is a new all-time high, surpassing the current peak of $2.18.
With the coming days bringing the promise of further gains, Sui (SUI) is one of the altcoins to watch out for. To make the most of the upcoming bull run, it is a top crypto pick.
Conclusion
Early Ethereum (ETH) and Sui (SUI) holders have been showing a keen interest in DTX Exchange (DTX) given its solid fundamentals and growth prospects. The emerging cryptocurrency is a must-have for several reasons, especially its impending transformation of the global trading scene.
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