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Binance Coin has seen tremendous growth over the past few years. The BNB price surged exponentially from $40 to $700 in 2021, providing a 1650% return. Experts have found similarities between Binance Coin in its early stages and the rising star DTX Exchange, calling it the next leader in the exchange space.
The DTX Exchange presale has outperformed the BNB price in the past few months, providing early investors with up to 900% returns despite the slow market. The token is in such high demand that a bonus round has been launched. With this bonus round, the DTX presale offers a last chance to get in before its listing surge and make a 2x return on investment.
Let’s analyze Binance Coin for potential price targets and understand the factors that position DTX Exchange for remarkable growth to determine which altcoin is more promising for capturing the most returns in the next bull cycle.
The BNB Price Reaches Crucial Support: Will It Reverse?
Binance Coin has been struggling in a sideways range between $450 and $750 for a year. The BNB price struggles to break out from this range due to insufficient upside momentum and has experienced wild swings over the past month due to increased uncertainty in the crypto market.
The BNB price has plunged over 6.67% in the last seven days, despite a big surge after the US crypto reserve announcement. It bounced from the $600 support level yesterday and retraced over 6%. In the previous 24 hours, Binance Coin has dropped 4.95% and trades at $594.
If bulls regain momentum, the BNB price could push above the immediate resistance at $640 and continue upward movement to reach above $700. However, the MACD oscillator indicates increasing bearish sentiment, suggesting the Binance Coin could fall further to find stronger support before a potential reversal.
DTX Exchange: Next-Gen Hybrid Trading Platform
While the BNB price has been experiencing extreme selling pressure, DTX has been rising steadily. Merging the best of centralized and decentralized exchanges, this platform is bringing a much-needed transformation to the exchange sector.
It has integrated traditional and decentralized assets in the same platform to reduce the gap between TradFi and DeFi. Users can access over 120,000 financial instruments, including stocks, bonds, crypto, forex, etc.
DTX Exchange users can also take up to 1000x leverage on this broad range of assets to diversify their portfolios with substantial positions in different financial instruments.
Furthermore, DTX has established distributed liquidity pools, which means it has multiple sources for acquiring funds so that users can make asset transfers with consistent prices and low slippage. The platform aggregates liquidity from external exchanges, user deposits, and providers to ensure seamless transfers even during network congestion.
The platform’s native token, DTX, provides utility to holders. It opens doors to special features of the ecosystem, including enhanced analytics, priority customer support, and loyalty rewards.
DTX Bonus Round: Final Opportunity To Make 2x Gains
The bonus round launched for DTX showcases the immense community support for the project. The token is priced at $0.18 in this round and will list at $0.36 after the presale, doubling investors’ capital within months.
Early investors who invested in the presale’s initial stages are increasing their DTX holdings to make even more profits with this final surge. Over 800,000 active wallets are holding the token at an undervalued price, waiting to make a quick 200% return by the listing time.
Final Thoughts
According to experts, DTX Exchange is positioned for high growth and could replicate the Binance Coin’s price surge of 2021. They suggest that the DTX presale can provide better returns than the BNB price.
Early investors have already made over 9x gains with the DTX presale, but new investors can still get 2x gains. Investors can benefit more by using the code “LIST2X,” which gives an additional 100% tokens when purchasing DTX tokens.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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