DeFi
Expert Predicts DeFi Crypto Could Surpass Gamestop Rally With 100X Potential, BNB Investors Join the Movement
Many projects in the 2021 hype cycle are seeing notable price increases where Gamestop has become the leading meme coin. The explosive rise of GME has pushed investors to direct their capital funnels toward ICO projects with real utility and solid tokenomics with huge upside potential.
BNB investors are also inspired by changing market dynamics, selling their BNB holdings to take positions in ICO projects and earn significant returns. The BNB price took a major hit amid growing speculation over security protocols due to suspicious transactions on the BNB network.
GameStop surges 3,000% amid ‘Roaring Kitty’ comeback
Gamestop (GME) is a tribute token that saw an explosive rally after its mainnet launch. The massive price surge was followed by the return of Keith Gill, aka “Roaring Kitty,” who has been a central figure in the 2021 bull rally. After a brief silence on his part, he recently returned to the scene with a tweet , raising a wave of enthusiasm among members of the community.
GameStop price followed an explosive 3,000% rally in the weekly time frame, surpassing the benchmark of $100 million in market capitalization. Analysts comment that this sudden rally will test the sustainability of the token in the coming days due to its completely overblown nature. However, if strong hands prevail, Gamestop could cross the $0.04 level in this bull run.
BNB Price Falls 3.6% Amid Suspicious Transactions
Binance Coin (BNB) price is seeing notable resistance below $575 amid the recent market downturn. Additionally, the recent suspicious transactions worth $4.3 million on the Alex protocol bridge on the BNB network on May 14 have caused investors to speculate on the ecosystem’s security protocols.
BNB price is seeing a 3.6% decline on the intraday chart, struggling to maintain its market dominance. The charts suggest a further retracement of the BNB price trajectory below the $550 level if it fails to move above the $575 resistance. These trendlines are pushing BNB investors to take a position on the DTX Exchange, which is poised to surpass $1 during the planned Q2 listing.
DTX Exchange Leads DeFi Sector With Record Presale
DTX Exchange (DTX) is emerging at the forefront of the deFi sector, poised to become the next best crypto exchange. The hybrid exchange attracts many global investors due to its cutting-edge platform, automated trading strategies and 1000x leverage features, allowing traders to capitalize on their investments in various financial markets.
The project is committed to improving the trading experience, allowing traders to trade 120,000 digital assets, including forex, cryptos, stocks and shares. Additionally, DTX Exchange’s robust security features integrate non-custodial wallets and KYC-free requirements to make trading accessible to new traders, allowing them to access their digital assets without intermediaries.
DTX’s potential for 25x ROI is supported by its groundbreaking $538,000 presale during Stage 2. The DTX token is priced at $0.04, which is expected to surpass $2 once the project launched. This trajectory reflects the growing interest of investors to take early positions in the project.
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