Experienced traders are always looking for lucrative investments in the dynamic cryptocurrency market. Recent market activity has highlighted Sui (SUI) and Bittensor (TAO), which have delivered massive gains due to network developments.
Nevertheless, experts are turning to an emerging DeFi token valued at an affordable $0.06, forecasting greater growth. This new crypto coin is quickly emerging as a lucrative opportunity for investors seeking the next big thing in the crypto sector.
SUI’s 47.09% Rally Signals Strong Market Growth
SUI has been on an upward trajectory, and its recent 47.09% rally highlights its growing market appeal. As a Layer 1 blockchain, Sui supports fast and scalable decentralized applications (dApps), accelerating its adoption rate.
Nonetheless, analysts believe the recent growth is due to Sui’s integrating the Mysticeti Consensus Protocol, which slashed consensus time to 390 milliseconds.
Furthermore, Grayscale introduced its Sui Trust, which helped expose SUI to institutional investors. According to CoinMarketCap data, SUI’s trading volume spiked by 70.35% in mid-September 2024, indicating growing interest in the token.
Meanwhile, technical indicators point to a bullish trend, and if bullish conditions persist, SUI might retest its all-time high this year. However, crypto market experts say that a new DeFi token will offer a better ROI of over 566% after it launches on major crypto exchanges in the coming weeks.
On September 24, 2024, SUI was trading at $1.54, up 45.45% in the past week. Supported by developments on its network, experts say SUI will rise to $1.71 this month.
Bittensor Surges 88% as Kamala Harris Supports AI and Crypto
Bittensor’s price surged massively as Kamala Harris vowed to support emerging technologies, including cryptocurrencies and artificial intelligence (AI). While speaking at a Wall Street fundraiser on September 22, 2024, Harris vowed to encourage investment in AI and digital assets. With TAO being an AI crypto asset, analysts insisted it was the reason for its massive surge.
The regulatory clarity from Harris will help AI-focused tokens like TAO thrive in a predictable market environment. As a top AI crypto, TAO will gain from any attention to the AI and blockchain sectors. Bittensor’s unique positioning as a decentralized network that supports AI applications via blockchain supports its long-term growth potential as technology advances.
On September 15, the Opentensor Foundation also announced developments for the Bittensor network, which has also helped boost the value of TAO. The foundation confirmed that Ethereum-compatible smart contracts would soon be deployed on the Bittensor blockchain.
Despite the impressive growth arising from these developments, a new DeFi token has attracted investors because it will outpace TAO’s growth in the coming weeks.
On September 24, TAO was trading at $542.21, up 88.48% in the past week. Increased buying pressure supports increased buying pressure, which experts say will support TAO’s rise to $576.88 this month.
The DTX Presale Shines as Analysts Predict 55x Growth
DTX Exchange is conducting one of the top presales in 2024. Its performance has been remarkable, raising over $2.6 million. Analysts believe DTX Exchange will raise over $3 million by the end of September.
The impressive performance also excited Crypto Influencer and YouTuber Crypto Legends, who said the DeFi coin will gain 55x after listing on the mainstream market.
Based on its roadmap, DTX Exchange’s native token will keep surging consistently throughout the presale. The project blends the best features and components of CEX and DEX into one platform, allowing investors to enjoy what these worlds offer.
Unlike the other crypto exchanges, the hybrid trading platform has something for every investor. For example, it offers over 120,000 asset classes at 1000x leverage, enabling investors to enjoy massive returns on their investments. Additionally, DTX Exchange does not need any KYC checks, which appeals to all investors who value their privacy.
Currently, DTX is in Stage 3 of its presale, trading at $0.06. Early investors have already received a 200% profit since they bought DTX tokens at $0.02. In that context, DTX’s price will gain 33% to trade at $0.08 after it moves to Stage 4 of the presale. Hence, DTX’s price action makes the DeFi coin a better investment than the strongly bullish SUI and TAO.
DTX Exchange’s DeFi Coin Attracts Investors!
While Sui and Bittensor have attracted investors with massive gains, DTX Exchange offers more enticing opportunities for those looking for huge returns. With its advanced hybrid exchange model, no KYC checks, and the potential for massive price growth, DTX Exchange will outshine competitors in the coming weeks.
Market experts suggest moving funds to this new DeFi coin since the platform holds immense potential to rival giant crypto exchanges in the near future!
Learn more:
