The BlackRock CIO has recently reasserted her support for Ethereum as she states it has won over permissioned blockchains. Therefore, many Ethereum coins like Polygon (MATIC) may soar. However, this project’s whales believe they have found the next $1 Ethereum coin – DTX Exchange (DTX). Let’s see what makes this Stage 2 presale phenomenon so appealing.
Ethereum (ETH): Positive Statements by BlackRock CIO
Ethereum (ETH) is gaining massive traction in the crypto market. Matthew Sigel recently reported that the BlackRock CIO Samara Epstein Cohen stated that permissioned blockchains have been lost to Ethereum. This bullish Ethereum news may trigger a rally for this crypto.
The value of the Ethereum coin surged over 100% in the past year alone. Moreover, ETH is now trading above its 100—and 200-day EMAs while 15 technical indicators are in the buy zone. As a result, experts in the crypto field foresee Ethereum reaching the $4,900 level before Q2 of 2024 ends.
Polygon (MATIC): Analyst With a Bullish Price Prediction
Polygon (MATIC) is another Ethereum-based coin that is making waves in this space. According to CoinMarketCap data, the Polygon price fell nearly 6% on the YTD chart. But crypto analyst Nihilus remains bullish. His X post suggests that MATIC may soon surpass the $0.95 level.
The technical analysis of the Polygon crypto supports this statement. MATIC trades above its 200-day EMA, while three technical indicators are flashing green signals. Because of all these reasons, prominent market analysts have made a Polygon price prediction. They predict a rise to $1.04 for Polygon within Q2 of 2024 ends.
DTX Exchange (DTX): The Next Big Ethereum-Based Coin
Ethereum’s continued growth has allowed DTX Exchange (DTX) to become a popular coin within the Ethereum system. This new Ethereum coin is seeing some early success, especially with whales. They have started turning their attention from established coins like Polygon towards this presale with great potential.
DTX Exchange will combine the best of CEX and DEX, helping reshape how people engage in online trading. The hybrid trading model provides unprecedented freedom and lets users trade in over 120,000 types of assets, including cryptocurrencies, stocks, and commodities, with leverage reaching 1000x.
The DTX utility token is the foundation of the DTX Exchange ecosystem. Owning this Ethereum coin can bring benefits like reduced trading fees and governance voting rights. Furthermore, there will be a $1M giveaway, whereby ten lucky traders who own $100 of DTX during its presale will win $100K each.
Currently, one DTX token costs just $0.04 in Stage 2 of its presale, a 100% increase from its starting price of $0.02. Demand for this new Ethereum coin is high, as DTX Exchange has raised over $700K so far, with projections hinting at a $1M before June 2024 ends. Due to all these reasons, market analysts predict a $1 price for DTX once it hits Tier-1 exchanges soon.
What Gives DTX Exchange an Advantage Over Ethereum and Polygon?
The crypto market is full of new possibilities as the CIO of BlackRock strengthens her faith in Ethereum. One such possibility is DTX Exchange, which has a lower market cap and actual ties to the $1.4T FX market than its rivals. Thus, DTX will soar much faster and higher than Ethereum and Polygon. This makes DTX the best Ethereum coin to buy in June.
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