5 Best Exchange Coins with 100X Growth Potential to Watch as Argentina Leverages El Salvador for Crypto Adoption
Argentina announced that it would work with El Salvador to adopt Bitcoin. As more traders flock to this space, some exchange coins may perform better than others. Accordingly, analysts have pointed to those that could surge 100x, including DTX Exchange (DTX), Uniswap (UNI), THORChain (RUNE), Synthetix (SNX), and Curve DAO Token (CRV).
DTX Exchange (DTX): One of the best exchange coins
First on our list of promising exchange coins is DTX Exchange (DTX). The project received worldwide attention due to its outstanding pre-sale performance. That said, DTX Exchange has already delivered a 100% ROI for its initial buyers, raising nearly $600,000. This figure is expected to reach $1 million before the end of May 2024.
DTX Exchange is implementing a groundbreaking approach in the form of a hybrid trading platform that combines the advantages of CEX and DEX. With this newfound convergence, traders can expect an unparalleled experience encompassing over 120,000 asset classes, sign-up-free KYC verification, and transaction speeds as fast as 0.04 seconds.
DTX token will be the center of this ecosystem. Holding these tokens is important to gain lower trading fees, improved analytics, and governance voting rights. Ten lucky DTX holders will each receive $100,000 if they purchase $100 worth of DTX during the pre-sale period.
All these advantages have made traders attracted to this new exchange coin. DTX now costs $0.04 in pre-sale phase 2, a 100% increase from its starting price of $0.02. However, market analysts claim that DTX’s Tier-1 CEX listing scheduled for the third quarter of 2024 could trigger a 100-fold bullish rally. This makes DTX the best exchange coin to keep an eye on.
Uniswap (UNI): Monthly trading volume has now doubled.
Next, we should mention Uniswap (UNI). This is currently one of the best exchange coins. Over the past 12 months, UNI’s price has surged nearly 150%. Uniswap also announced that the protocol’s monthly L2 volume has doubled compared to last year. It soared from $8.93 in May 2023 to $20.72 billion in May 2024.
Technical analysis of Uniswap coins is also showing bullish signals. For example, UNI is trading above its 50-day and 100-day EMAs, while 27 technical indicators are blinking green. All of these positive Uniswap news and indicators have experts feeling confident about Uniswap’s long-term growth. They expect the price of this exchange coin to rise to $16.40 within the second quarter of 2024.
THORChain (RUNE): Alex Clay’s Bullish Price Prediction
THORChain (RUNE) is another top exchange coin to keep an eye on as Argentina begins to embrace cryptocurrencies. According to CoinMarketCap data, the THORChain price has surged more than 520% in the past year alone. Crypto analyst Alex Clay also remains optimistic. In his X postHe claims that RUNE could surge to $54.7 in the long term.
THORChain coin technical analysis supports this statement. Currently, more than 27 technical indicators are showing bullish signals for THORChain. Moreover, this exchange’s coin is trading above its 100-day and 200-day EMA. As a result, market analysts optimistically predicted the THORChain price to hit $9.16 before the end of the second quarter of 2024.
Synthetix (SNX): Price analysis shows an upward trend
Synthetix (SNX) has recently been attracting attention among exchange coins. On the YTD chart, Synthetix price has surged more than 30%. During that time, its market capitalization increased by more than $620 million to $1 billion. More traders may be attracted to the Synthetix cryptocurrency as Argentina joins forces with El Salvador for further cryptocurrency adoption.
Synthetix technical analysis also paints an optimistic picture. Currently, more than 19 technical indicators are in the buy zone for this exchange’s coin, which is trading above its 200-day EMA. Therefore, in their Synthetix price prediction, experts in the cryptocurrency space expect it to grow to $4.36 within the second quarter of 2024.
Curve DAO Token (CRV): Among the top exchange coin acquirers
Lastly, analysts ranked Curve DAO Token (CRV) as another member of the current best exchange coins. Although the Curve DAO token price has fallen more than 40% over the past 12 months, there are some optimistic signs. It is now up nearly 20%, making it one of the best weekly gains.
The technical analysis of this exchange coin is also optimistic. For example, 17 technical indicators are currently showing in green for Curve DAO token. As a result, market analysts are confident about their Curve DAO token price predictions. They predict that this exchange coin is likely to surge to $0.68 before the end of the second quarter of 2024.
Conclusion on the best exchange coins
With Argentina studying El Salvador’s performance in cryptocurrency acceptance, traders should consider these exchange coins as they can capitalize on the growing demand for cryptocurrencies.
However, the DTX exchange token stands out for its low market capitalization and link to the $133 trillion bond market. These factors give DTX a competitive advantage over exchange coins such as Uniswap, THORChain, Synthetix, and Curve DAO Token. This is because little new funding is needed for key operations. To purchase DTX tokens, register for the pre-sale using the link below.
Learn more:
Visit DTX Presale
Read the white paper
Join the DTX Community
Read more: Expert Predictions for Cryptocurrencies in June: Top 3 Altcoins with 50x ROI
