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Whales Propel BNB and Ethereum Demand; Is This New Exchange-Based Token 2024 Must-Have Coin?

Whales Propel BNB and Ethereum Demand; Is This New Exchange-Based Token 2024 Must-Have Coin?

Excitement is back in the crypto scene as prices return to the upside. Large-volume investors, popularly known as whales, are on a buying spree. This adds to the already growing demand for Binance Coin (BNB) and Ethereum (ETH), propelling an upswing.

Meanwhile, DTX Exchange (DTX), a new exchange-based token, has been hailed as a must-have coin this year. Its innovative narrative (a hybrid exchange protocol) sets the stage for massive adoption.

DTX Exchange (DTX): A Must-Have Coin?

DTX Exchange (DTX), an emerging altcoin, stands head and shoulders above most new ICOs courtesy of its novel hybrid exchange protocol. This unique offering contributes to the presale frenzy, with over $1.4 million raised in early funding at the time of writing, suggesting investor confidence.

In round 2 of the ICO, a token is reasonably priced at $0.04—one of its appeals. This low entry point, coupled with its substantial growth prospects, makes it a must-have coin. Industry experts forecast imminent adoption and project a 50x upswing after its debut, potentially outclassing BNB and Ethereum.

Also contributing to its appeal is its impending transformation of the $10 billion global trading market. It takes a different approach to trading, a hybrid approach, allowing users to trade diverse assets across TradFi and DeFi. This includes stocks, bonds, equities, forex, commodities and cryptocurrencies. As it races toward adoption, it is a new project to bet on.

Binance Coin (BNB): Gathering Steam for a Breakout

Binance Coin (BNB) is a top 5 cryptocurrency by market cap, highlighting its leading status. On the altcoin list, it trails behind only Ethereum, besides Tether (USDT), a stablecoin. It plays a vital role in the crypto scene as a utility token of the Binance ecosystem, which includes BNB Chain and BNB Smart Chain.

Following a period of rallying, its uptick is courtesy of growing whale demand. The BNB price will likely break out in the coming days, flipping the $600 resistance. This will set the stage for a rally past the current all-time (ATH) of $720 registered in June.

With the coming weeks promising a bigger price leap and an overall market rally, this is a promising wave to take advantage of. Growing whale demand, not to mention rising adoption, places it on the list of the best altcoins to invest in.

Ethereum (ETH): Sailing Toward a New Peak

Ethereum (ETH), the leading altcoin and DeFi powerhouse, is one of the best coins to invest in. The recent debut of Ethereum ETFs on Wall Street highlights institutional adoption and acceptance.

Besides the increasing institutional appetite for ETH via ETFs, whales are also betting big. Sweetening the deal is the Ethereum price 45% decline from its all-time high of $4,890, offering a good entry point. Investors have been expanding their portfolios, aiming to ride the anticipated bullish wave.

A trending Ethereum price prediction suggests a rally past $5,000 before the curtain closes on the year. This will see it outclass many top altcoins and widen the gap, cementing its market dominance.

Conclusion

Rising demand for BNB and Ethereum sparks an uptrend, with further upsides on the cards. Meanwhile, DTX Exchange has emerged as one of this year’s must-have coins. Its potential transformation of the global trading market, not forgetting its substantial growth prospects, makes it a promising wave not to miss out on.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

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