Fantom (FTM) and Litecoin traders looking for innovative projects with high growth potential are tracking the success of DTX Exchange, which seems to be performing very well.
Investors have made the most returns in cryptocurrencies by finding a new coin with a small market cap that can become the next big thing. Big investors invest in these coins in the early stages instead of waiting for the launch, ensuring enormous returns when the coin’s market cap grows later.
Here, we will discuss DTX Exchange, which looks like the next coin to take early investors to the moon.
DTX Exchange: The next $1 Billion crypto
DTX Exchange is the first hybrid exchange with the capabilities of both centralized and decentralized exchanges. It is in the third presale phase and has already raised $2.7 million.
DTX not only provides just cryptocurrencies, DTX Exchange offers a pool of over 120,000 assets, up to 1000x more buying power, and no KYC checks for signing up.
It is currently at $0.06; early investors who bought the coin at $0.02 have already made an astonishing 200% return, but this is just the start because the estimated launch price is $0.12. The presale will continue until September 30th.
Also, analysts say it will soon reach the $1 mark, which means potential returns of over 1,566%.
Fantom (FTM) Traders Seek Out Alternative
Fantom (FTM) currently trades above the 50-day and 200-day exponential moving average (EMA). This is the first time such a position has been hit since the end of June 2024, when prices were gradually falling. Thus, the coin has been in a steep downtrend by its 52-week high. Thus, within that period, the price was reduced by nearly 50%, from $1.2 down to $0.63.
It has crossed the 200 EMA this month after facing multiple rejections in the past few months. The nearest rejection is close to the $0.7 mark, and the nearest support is close to $0.62. It recovered from its low near $0.26 in August but is currently facing a rejection.
Litecoin (LTC) Traders Eye DTX Exchange, As Breakout Fails
Litecoin traders are looking to diversify in potential coins as the recent breakout from the near resistance level has failed. The value of Litecoin has dropped nearly 40% from its 52-week high in April, from about $112 to the current price close to $68.
Litecoin has been in a downtrend since April this year and has traded below its 50-day and 200-day exponential moving average (EMA) since June. It has been able to make a higher low and is currently in a sideways phase. The nearest resistance is close to the $74 mark, and the nearest support is around $59.
So traders who invest in Litecoin and Fantom (FTM), which already have large market caps of billions of dollars, are now betting on DTX Exchange in its presale to become the next billion-dollar crypto and make massive returns.
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