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As per Mark Cuban, SEC Chairman Gary Gensler could greatly influence the next presidential election. Cuban believes his strict policy may cost Joe Biden the presidency because of all the crypto-owning voters. Meanwhile, DTX Exchange (DTX) is emerging as a Stage 2 presale star that may outpace DeFi projects like Chainlink (LINK) and Avalanche (AVAX).
DTX Exchange (DTX): Among the Top DeFi Projects in June
Amidst these regulatory concerns, the DeFi market thrives with projects like DTX Exchange (DTX). This innovative DeFi project aims to dominate online trading with its platform. To clarify, DTX Exchange combines the best CEX and DEX features into one place, creating a hybrid trading platform that offers the best of both worlds.
As a result, traders experience leverage options up to 1000x, transaction speeds as low as 0.04 seconds, and access to over 120K asset classes like cryptos, FX and bonds. Unlike Coinbase or Binance, DTX Exchange does not require sign-up KYC checks. Therefore, traders gain the ability to trade all these assets while remaining completely anonymous.
The DTX utility token will power this platform. Holding this DeFi coin will bring you access to advanced analytics tools and reduced trading fees. Furthermore, anyone who buys $100 of DTX during its presale will enter a $1M giveaway. In this giveaway, the DTX Exchange will give $100K to ten lucky DTX holders.
Currently, this DeFi coin price is $0.04 in Stage 2 of its presale—a 100% rise from its starting price of $0.02. Demand is high, as DTX Exchange has raised over $700K and is on track to hit $1M before June 2024 ends. Due to all these reasons, market analysts foresee a jump to $0.5 for DTX once a Tier-1 CEX lists it in Q3 of 2024.
Chainlink (LINK): New RealToken DAO Integration
Chainlink (LINK) has also been making headlines in the DeFi market. Notably, Chainlink announced a new integration for its CCIP – RealToken DAO. With this development, RealToken DAO will bring the industry standard for secure cross-chain interoperability to Ethereum, Gnosis and Polygon.
This bullish Chainlink news may cause an uptrend for this project. Speaking of which, the Chainlink coin has surged over 150% in the past year alone. Also, LINK is trading above its 100 and 200-day EMAs while having nine technical indicators in the buy zone. Thus, market analysts forecast a potential surge to $26 for LINK within Q2 of 2024.
Avalanche (AVAX): Major Analyst Remains Bullish
Avalanche (AVAX) is another one of the top DeFi projects. CoinMarketCap data shows that the Avalanche price increased nearly 170% on the YTD chart. Crypto analyst Jonathan Carter claims this bullish trend may continue. In his X post, Carter states that a potential bounce to $37-$64 will occur soon.
The technical analysis of the Avalanche crypto backs up this statement. For example, six technical indicators are showing green for AVAX. As a result, experts have made a bullish Avalanche price prediction. They predict a surge to $53 for Avalanche within Q2 of 2024.
Can DTX Exchange Leave Chainlink and Avalanche in the Dust?
While Mark Cuban had some words about Gary Gensler, DeFi projects like DTX Exchange are gaining more traction. This rookie has a lower market cap and ties to the $133T bonds market, which is a big advantage over Chainlink and Avalanche. In other words, DTX will surge much faster and higher in the long run. Thus, DTX emerged as the best DeFi crypto this month.
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