DeFi
Billionaire Mark Cuban Warns Gensler’s Actions Could Impact Biden’s Reelection, DTX Exchange Poised to Surpass Top DeFi Cryptocurrencies
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According to Mark Cuban, SEC Chairman Gary Gensler could greatly influence the next presidential election. Cuban believes his strict policies could cost Joe Biden the presidency because of all the crypto-owning voters. In the meantime, DTX Exchange (DTX) is emerging as a Phase 2 presale star that could surpass DeFi projects like Chainlink (LINK) and Avalanche (AVAX).
DTX Exchange (DTX): among the best DeFi projects in June
Amid these regulatory concerns, the DeFi market is thriving with projects like DTX Exchange (DTX). This innovative DeFi project aims to dominate online trading with its platform. To clarify, DTX Exchange combines the best CEX and DEX features in one place, creating a hybrid trading platform that offers the best of both worlds.
As a result, traders benefit from leverage options of up to 1,000x, transaction speeds as low as 0.04 seconds, and access to over 120,000 asset classes like cryptos, currencies and the obligations. Unlike Coinbase or Binance, DTX Exchange does not require KYC verification for registration. Thus, traders have the opportunity to trade all these assets while remaining completely anonymous.
The DTX utility token will power this platform. Holding this DeFi coin will give you access to advanced analysis tools and reduced trading fees. Additionally, anyone who purchases $100 worth of DTX during its presale will be entered into a $1 million giveaway. As part of this competition, the DTX Exchange will give away $100,000 to ten lucky DTX holders.
Currently, the price of this DeFi coin is $0.04 in stage 2 of its presale, a 100% increase from its starting price of $0.02. Demand is high as DTX Exchange has raised over $700,000 and is on track to reach $1 million before the end of June 2024. For all these reasons, market analysts are predicting a rise to $0.5 for DTX once a Tier 1 CEX lists it in Q3 2024.
Chainlink (LINK): new RealToken DAO integration
Chainlink (LINK) has also been making headlines in the DeFi market. Notably, Advertised channel link a new integration for its CCIP – RealToken DAO. With this development, RealToken DAO will bring the industry standard for secure cross-chain interoperability to Ethereum, Gnosis and Polygon.
This bullish news from Chainlink could cause an upward trend for this project. Speaking of which, Chainlink coin has surged over 150% in the past year alone. Furthermore, LINK is trading above its 100 and 200 day EMAs while having nine technical indicators in the buy zone. Thus, market analysts predict a potential rise to $26 for LINK in the second quarter of 2024.
Avalanche (AVAX): a major analyst remains optimistic
Avalanche (AVAX) is another top DeFi project. CoinMarketCap data shows that Avalanche price is up almost 170% on the chart since the start of the year. Crypto analyst Jonathan Carter says this bullish trend could continue. In his postCarter says a potential rebound between $37 and $64 will happen soon.
Technical analysis of the Avalanche crypto confirms this statement. For example, six technical indicators are green for AVAX. As a result, experts have made a bullish prediction for the Avalanche price. They forecast a rise to $53 for Avalanche in the second quarter of 2024.
Can DTX Exchange leave Chainlink and Avalanche in the dust?
While Mark Cuban had a few words about Gary Gensler, DeFi projects like DTX Exchange are gaining popularity. This rookie has a lower market cap and is tied to the $133 billion bond market, which is a big advantage over Chainlink and Avalanche. In other words, DTX will rise much faster and higher in the long term. Thus, DTX became the best DeFi crypto this month.