Yesterday was a big day for the whole crypto community as the Ethereum ETFs debuted in the market. According to CF Benchmarks, $1.07 billion of shares changed hands in the Ethereum ETFs. This is another catalyst for the market to run up to its all-time high. Investors are preparing for the next bull run, but the big question is which coin will lead in the next upswing.
The best way to bank the upcoming bull run is to look out for coins with strong fundamentals and a strong position in their niche. One other thing to note is that they should be in their early stage, relative to a smaller market cap than famous coins, so they can grow big in the coming times.
Here, we will discuss three top potentials for the next bull rally: DTX Exchange (DTX), Layerzero (ZRO), and Ethereum Name Service (ENS).
The first and most prominent in our list is DTX Exchange. It is the first and one-of-a-kind hybrid exchange that has the capabilities of both centralized and decentralized exchanges. Unlike many other exchanges that focus only on cryptos, DTX offers over 120,000 trading assets, up to 1000x leverage, and no KYC checks during sign-up.
Holding DTX tokens is important because it unlocks many benefits. For example, DTX holders get access to premium features like advanced analytics, governance voting rights, and loyalty rewards. These perks attract more traders, unlike most meme coins, which are usually just hype-driven.
Right now, DTX of the presale and the tokens are priced at only $0.04. Early buyers who bought in the first stage have already seen a 100% return on investment, and this percentage is expected to rise as the presale continues. Experts predict a 1000% increase once a Tier-1 Centralized Exchange (CEX) lists DTX in Q4 of 2024. This forecast seems realistic, given its connection to the $133 trillion bonds market.
Layerzero (ZRO) was launched recently in 2024; however, it has received a good response from investors. LayerZero (ZRO) is an interoperability protocol that connects different blockchain networks. LayerZero (ZRO) allows for easy communication and transfer of assets and data between blockchains, overcoming the limitations of isolated networks.
LayerZero (ZRO) main advantage is its ability to bridge diverse blockchain platforms, offering greater flexibility and innovation in the decentralized finance (DeFi) space and beyond. By enabling cross-chain functionality, LayerZero (ZRO) plays a crucial role in advancing the adoption and integration of blockchain solutions across various industries.
Ethereum Name Service (ENS) is a decentralized naming system built on the Ethereum blockchain. It translates human-friendly names like “example.eth” into machine-readable identifiers such as Ethereum addresses, content hashes, and metadata. Ethereum Name Service (ENS) makes interacting with blockchain addresses and resources much simpler.
Ethereum Name Service (ENS) enhances the user experience in the Ethereum ecosystem by allowing users to avoid long, complex hexadecimal addresses. Ethereum Name Service (ENS) not only reduces the chance of mistakes but also makes blockchain technology more accessible for everyday users. Plus, Ethereum Name Service (ENS) names can act as secure, portable digital identities, letting you use the same identifier across different dApps and platforms.
Comparing all the features and utility of the coin, DTX Exchange is leading from the Layerzero (ZRO), and Ethereum Name Service (ENS). The main thing that is giving DTX Exchange an edge is the first mover advantage in the hybrid exchange industry, which is going to be the future of all the exchanges.
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