Johnny Ng, a leading Hong Kong legislator, has made waves in the crypto market by suggesting that Bitcoin should be included in the city state’s financial reserves. He also claims that Hong Kong must speed up the development of its Web3 ecosystem, or it will fall behind. This is no surprise, considering how much more popular cryptos are becoming.
For instance, the DTX Exchange (DTX) presale, which is now in Stage 2, has raised over $1.1M and may reach $2M before August 2024 ends. Additionally, it has provided early buyers with a 100% ROI. Analysts have it pegged as the next 100x crypto this year – potentially leaving popular coins like Optimism (OP), Chainlink (LINK), Notcoin (NOT) and Tron (TRX) in the dust.
DTX Exchange (DTX): A Great Presale Performance
The DTX Exchange (DTX) presale has caused a stir among many crypto traders, with early buyers netting a 100% ROI. Many expect the price to continue climbing as the presale picks up steam. Well-known figures in the crypto space, such as YouTuber Crypto League, have backed DTX Exchange, claiming it will dominate online trading.
DTX Exchange is changing how trades are made through its unique hybrid trading model, which combines CEX and DEX features. Through this model, users can trade over 120,000 asset classes, such as stocks, FX, and cryptos, with 1000x leverage without having to complete the invasive KYC checks required by most platforms.
DTX is the utility token of DTX Exchange. Holding this token unlocks different benefits, such as access to advanced analytical tools, reduced trading fees, governance voting rights, and more. Additionally, ten people who buy $100 of DTX during its presale will enter a $1M giveaway and win $100K each.
Currently, DTX is in Stage 2 of its presale and has a price of $0.04. This price will rise to $0.06 once Stage 3 begins – a 50% ROI if you buy it now. Furthermore, experts foresee DTX soaring by 100x after a Tier-1 CEX lists it in Q3 of 2024. As a result, DTX emerges as one of the best cryptos to watch for fast returns.
Optimism (OP): Prominent Analyst Remains Bullish
Optimism (OP) has seen some green charts recently. CoinMarketCap data shows that the Optimism crypto price increased over 15% in the past year alone. Crypto analyst Professor Astrones remains bullish about it as well. For instance, he predicts that OP may see growth to $50 soon, as per his X post.
The technical analysis of Optimism crypto also supports this statement. For example, OP trades above its 100-day EMA with seven green technical indicators. Because of all these reasons, market analysts forecast that this coin will trade at $3 before Q3 of 2024 ends in their Optimism price prediction.
Chainlink (LINK): May Catapult Soon
Chainlink (LINK) is another crypto experiencing an upward trajectory. According to CoinMarketCap data, the Chainlink price jumped nearly 80% over the past 12 months. Expert Ali Martinez claims that this bullish trend will continue. According to his X post, LINK is forming a head-and-shoulders pattern, which could signal a catapult towards $19 soon.
From a technical analysis perspective, the future of the Chainlink crypto also appears bright. Notably, around 17 technical indicators are now flashing green for LINK while it trades above its 100—and 200-day EMAs. Experts take note of these factors when making their Chainlink price prediction. Thus, they predict a surge to $17 within Q3 of 2024 for LINK.
Notcoin (NOT): Continues Trending
Meanwhile, Notcoin (NOT) is making headlines in the crypto market. Recently, Notcoin highlighted that the Notcoin Community is still a famous squad on the Squads app and stated that they are now back. This shows the level of attention that traders still have for NOT.
The Notcoin crypto value surged over 30% on the YTD chart. Moreover, around 3 technical indicators are in the buy zone for NOT. Due to all this bullish Notcoin news and indicators, market analysts foresee its value rising to $0.018 before Q3 of 2024 ends.
Tron (TRX): Over 50M Small Holders
Tron (TRX) is one of the top cryptocurrencies that has made some waves. Notably, the Tron DAO revealed that over 50M USDT holders on TRON are smallholders. Additionally, around 359K holders hold $1K—$10K worth of USDT.
This Tron news may trigger an increase in interest in its native token. Speaking of which, the TRX value increased by over 65% in the past year alone. Additionally, the Tron crypto trades above its 100 and 200-day EMAs while around 29 technical indicators are green. Therefore, experts predict that Tron will trade at $0.17 before Q3 of 2024 ends.
What Gives DTX Exchange an Advantage Over Optimism, Chainlink, Notcoin and Tron?
Johnny Ng has announced a major development in the crypto market—a potential Bitcoin integration in Hong Kong’s financial reserves. Simultaneously, the DTX Exchange presale is gaining mass appeal as one of the hottest presales right now. This rookie taps into multiple trillion-dollar financial markets, which means it will remain more stable in turbulence.
Not only that, but DTX boasts a lower market cap than Optimism, Chainlink, Notcoin, and Tron. In other words, this crypto will need far fewer new funds for its price to skyrocket. If you wish to buy this token, sign up for the DTX presale by following the links below.