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 generated massive gains thanks to network developments.
Nevertheless, experts are looking to an emerging DeFi token valued at an affordable $0.06, predicting further growth. This new cryptocurrency is quickly emerging as a lucrative opportunity for investors looking for the next big thing in the crypto sector.
SUI Index’s 47.09% Rise Signals Strong Market Growth
The IUS is on an upward trajectory, and its recent 47.09% increase highlights its growing market appeal. As a Layer 1 blockchain, Sui supports fast and scalable decentralized applications (dApps), accelerating its adoption rate.
However, analysts believe the recent growth is due to Sui’s integration into the Mysticeti Consensus Protocolwhich reduced the consensus time to 390 milliseconds.
Furthermore, Grayscale presented its Sui Trust, which helped introduce SUI to institutional investors. CoinMarketCap DataSUI’s trading volume increased 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 could retest its all-time high this year. However, crypto market experts claim 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 traded at $1.54up 45.45% last week. Supported by developments on its network, experts estimate that SUI will reach $1.71 this month.
Bittensor surges 88% as Kamala Harris backs AI and crypto
Bittensor Price jumped massively, as Kamala Harris has pledged to support emerging technologies, including cryptocurrencies and artificial intelligence (AI). In a speech at a Wall Street fundraiser on September 22, 2024, Harris sworn to encourage investment in AI and digital assets. TAO being an AI crypto asset, analysts insisted that this was the reason for its massive surge.
THE Regulatory clarity Harris’ Bittensor offering will help AI-focused tokens like TAO thrive in a predictable market environment. As a leading AI cryptocurrency, TAO will benefit from any attention paid 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 the technology advances.
On September 15, the Opentensor Foundation also announcement Developments in the Bittensor network, which also helped increase the value of TAO, confirmed that Ethereum-compatible smart contracts would soon be deployed on the Bittensor blockchain.
Despite the impressive growth stemming from these developments, a new DeFi token has attracted investors as it will surpass TAO’s growth in the coming weeks.
On September 24, TAO was trading at $542.21, up 88.48% over the past week. The increase in buying pressure supports the increase in buying pressure, which experts believe will support TAO’s rise to $576.88 this month.
DTX pre-sale shines as analysts predict 55x growth
DTX Exchange is having one of the best pre-sales of 2024. Its performance has been remarkable, with over $2.6 million raised. Analysts estimate that DTX Exchange will raise over $3 million by the end of September.
The impressive performance also excited Crypto Influencer and YouTuber Legends of Cryptographywho said the DeFi coin would gain 55x after listing on the mainstream market.
According to its roadmap, DTX Exchange’s native token will continue to progress steadily throughout the presale. The project combines the best features and components of CEX and DEX into one platform, allowing investors to take advantage of what these worlds offer.
Unlike other cryptocurrency exchanges, the hybrid trading platform has something to offer every investor. For example, it offers over 120,000 asset classes with 1,000x leverage, allowing investors to enjoy massive returns on their investments. Moreover, DTX Exchange does not require KYC checks, which appeals to all investors who value their privacy.
Currently, DTX is in Phase 3 of its presale, trading at $0.06. Early investors have already made a 200% profit since they bought DTX tokens at $0.02. Against this backdrop, DTX price will gain 33% to trade at $0.08 after it moves to Phase 4 of the presale. Therefore, DTX’s price action makes the DeFi coin a better investment than the highly 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 attractive 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 outperform its competitors in the coming weeks.
Market experts suggest moving funds to this new DeFi coin as the platform holds immense potential to rival giant crypto exchanges in the near future!
Learn more:
Buy in presale
Visit the DTX website
Join the DTX community