Recently, Vitalik Buterin, the founder of Ethereum, proposed a plan that could revolutionize the speed at which Ethereum transactions are processed. With all this going on, it's no wonder that many Ethereum-based coins, such as DTX Exchange (DTX), NEAR Protocol (NEAR), Polygon (MATIC), Uniswap (UNI) and Mantle (MNT), are going to see huge gains in value.
While traders may be familiar with most of them, DTX Exchange is a new Stage 2 presale sensation that has skyrocketed by 100%. Analysts have pegged this rookie as the next $0.5 ERC20 token in 2024. Keep reading to find out why.
First, we will discuss DTX Exchange (DTX), a new crypto based on Ethereum that has been making headlines recently. Notably, its ongoing presale has already raised over $800,000 and is on pace to reach $1M before July 2024 ends. Even crypto analyst CoinCurator claims that DTX Exchange has seen excellent work so far.
DTX Exchange is unique because of its hybrid trading model, which combines the best of CEX and DEX into one. With this model, traders can access over 120,000 different types of assets like bonds, commodities and cryptocurrencies without revealing their identity since no KYC checks are required. As privacy concerns grow, DTX Exchange may stand out among its rivals.
The platform uses a utility token called DTX. This ERC20 token will bring many advantages, such as governance voting rights and reduced trading fees. Additionally, anyone who buys $100 worth of DTX during its presale enters a $1M giveaway. In this giveaway, ten lucky individuals will earn $100,000 each.
Currently, one DTX is worth $0.04 as it is in Stage 2 of its presale. Early buyers have seen a 100% ROI from this ERC 20 token. Due to all these reasons, market analysts predict a surge to $0.5 once DTX hits Tier-1 exchanges in Q3 of 2024. Thanks to Buterin's new plan, DTX Exchange may gain a lot of interest from the spillover effect.
Next, we will discuss the NEAR Protocol (NEAR). According to CoinMarketCap data, the NEAR Protocol price surged over 250% in the past year alone. Crypto analyst AMCrypto states that its bottom is now very near. In his X post, he claims NEAR is in a correction phase that may end soon and rise once again.
The technical analysis of the NEAR Protocol crypto is also bullish. For example, this ERC20 token trades above its 50 and 100-day EMAs while having 20 green technical indicators. Therefore, market analysts have made a bullish NEAR Protocol price prediction. They predict a potential rise to $6.68 for NEAR before the end of Q3 2024.
Polygon (MATIC) is another well-known Ethereum-based token. According to CoinMarketCap data, the Polygon price fell nearly 15% over the past 12 months. However, The Cryptomist remains bullish on this ERC20 token. According to her X post, MATIC may soon see a breakout on its ascending triangle pattern to $0.62.
From a technical analysis perspective, the Polygon crypto's future also appears bright. MATIC trades above its 200-day EMA, while 12 technical indicators are in the buy zone. Due to all these factors, experts in the crypto field foresee a surge to $0.67 within Q3 of 2024 in their Polygon price predictions.
In the second-to-last place, we will discuss Uniswap (UNI). Recently, this ERC20 token has seen some exciting developments. For instance, Uniswap announced that the Zora Network has gone live on its web and mobile app. As a result, users can directly interact with Zora and access its services on the Uniswap platform.
This bullish Uniswap news may trigger a rally. UNI's value increased nearly 60% in the past year alone. Not only that but around 12 technical indicators are flashing green. Because of all these green signals, market analysts foresee the Uniswap coin trading at $11.30 before Q3 of 2024 ends.
Last, we will talk about Mantle (MNT). Recently, there was some exciting Mantle news as it announced the launch of the Metamorphosis Season 1. This season, users can earn Powder, which will be convertible to Mantle LSP's future governance token, COOK. Thanks to this development, traders may gravitate more toward Mantle.
The Mantle crypto value movement grew over 60% in the past 12 months. Furthermore, this ERC20 token now boasts around six technical indicators in the buy zone. As a result of all this bullish Mantle indicators, experts foresee a surge to $1.25 within Q3 of 2024.
Vitalik Buterin's suggestion that Ethereum transactions could be sped up means more opportunities for coins such as DTX Exchange, NEAR Protocol, Polygon, Uniswap and Mantle. However, DTX Exchange stands out as it has connections to multiple trillion-dollar financial markets and a low market cap.
Therefore, this ERC20 token will soar much faster than its rivals as it needs far fewer new funds. If you wish to buy DTX, follow the links below and obtain it during its presale—before its presale ends.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.