Canaccord Says Crypto Mainstream Adoption Skyrockets; Uniswap, DTX Exchange and THORChain
Investment company Canaccord Genuity has identified a massive wave of adoption in cryptocurrencies. Exchange coins that might experience growth are becoming more wanted as digital assets gain popularity. DTX Exchange (DTX), Uniswap (UNI) and THORChain (RUNE) have shown promising potential – but one of them stands out. Find out which one.
Uniswap (UNI): Major Analyst Makes a Bold Claims
Uniswap (UNI) has long been one of the top exchange coins. According to CoinMarketCap data, the Uniswap price increased nearly 130% in the past 12 months. Crypto analyst Amdtrades claims that this bullish trend may continue. His X post states that this exchange coin may reach $40 soon.
The technical analysis for the Uniswap crypto is also bullish. For example, UNI is now trading above its 50 and 100-day EMAs while having 13 technical indicators in the green. As a result, experts in the crypto field have made a bullish Uniswap price prediction. They forecast a potential surge to $15 for UNI before Q2 of 2024 ends.
DTX Exchange (DTX): A Game-Changer in Online Trading
DTX Exchange (DTX) is unveiling a revolutionary exchange coin for its trading platform. This hybrid platform combines the best elements of CEX and DEX, giving traders unprecedented flexibility. Users can use ultra-high leverage options up to 1000x with access to over 120,000 assets, including stocks, Forex and cryptocurrencies.
Differentiating itself from rivals such as Binance and Coinbase, DTX Exchange prioritizes user privacy by not requiring KYC checks upon registration. This feature of anonymity has attracted millions of traders in today’s privacy-focused world.
At the center of the DTX Exchange ecosystem is the DTX utility token, which comes with various incentives for holders. These range from lower fees on trades to governance voting rights. All these benefits have attracted traders to this exchange coin, helping DTX Exchange raise over $670K so far and projecting $1M before June 2024 ends.
In Stage 2 of its presale, this exchange coin is worth just $0.04 – a 100% rise from its starting price. Market analysts foresee a potential jump to $1 once a Tier-1 CEX lists DTX in Q3 of 2024. Due to all these reasons, DTX has emerged as one of the best exchange coins at the moment.
THORChain (RUNE): Could Soar Past Its ATH
Another good exchange coin to watch is THORChain (RUNE). According to CoinMarketCap data, the THORChain price surged over 400% over the past year alone. Crypto analyst CryptoDoc also made a bullish THORChain price prediction. According to his X post, RUNE has entered the accumulation zone and will soon soar past its ATH.
The THORChain crypto technical analysis supports this statement. For example, RUNE trades above its 100 and 200-day EMAs while having nine green technical indicators. Thus, market analysts predict THORChain will soar to $6.81 within Q2 of 2024.
What Gives DTX Exchange an Advantage Over Uniswap and THORChain?
Given that Canaccord Genuity is bullish on the market, it might be the right time to consider these exchange coins for your investment portfolio. While Uniswap and THORChain may rise, DTX Exchange has a low market cap and ties to many trillion-dollar financial markets. Therefore, DTX will surge much faster and higher as it needs less funds to skyrocket.
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