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With Bitcoin's surge above $90k, the whole crypto market has experienced a boom. As many altcoins are experiencing huge growth, many are wondering who's next
As Bitcoin surges past $90k, the entire crypto market has boomed. With many altcoins experiencing huge growth, many are wondering who’s next, is it BONK, Shiba Inu (SHIB), or DTX Exchange (DTX)?
BONK: A Fresh Face in the Memecoin Arena
The newer arrival in the meme token space, BONK has gained attention for its strategic approach within the Solana ecosystem. Being a memecoin, BONK has been volatile and relied more on social buzz than real world utility, making it a high risk asset to have. But with a large risk comes the potential of a large reward.
Increasing over 70% in the last 7 days, BONK is one of the top performers this fall. With a low price tag of $0.00003777 per token, it's an affordable investment with potential for huge gains.
But being a memecoin, investors should be very cautious, as the price could just as easily plummet.
Shiba Inu (SHIB): Memecoin With Utility
Shiba Inu (SHIB) has silenced skeptics since its creation. Starting as a memecoin, SHIB evolved into a full blown ecosystem, giving rise to Shibarium, ShibaSwap and ShibTheMetaverse. It’s hard not to love SHIB’s meme appeal, but as the SHIB ecosystem expands these ventures provide utility beyond speculation for Shiba Inu.
SHIB’s price saw a 40% increase over the last week, indicating a strong rally. Holding the number 11 position by market cap, many fear that the Shiba Inu ecosystem has grown too big. Although a high performing altcoin, its huge market cap of $15B discourages large growth.
DTX Exchange (DTX): The Next 100x?
DTX Exchange (DTX) is a unique trading platform that is known for its hybrid exchange model — having the best of both centralized (CEX) and decentralized exchanges (DEX). DTX is positioned as a “bridge” between TradFi and DeFi and aims to permit seamless trading between traditional assets (stocks, ETF, forex) and digital assets like cryptocurrencies.
Unlike memecoins, DTX Exchange offers real world utility. Its proprietary hybrid Layer-1 blockchain, VulcanX, non-custodial storage, robust on-chain analytics, and the Phoenix wallet are some of the innovations that make it stand out. Since DTX is still in presale, it isn’t restricted by a large market cap – having the potential to 100x upon ICO.
DTX has already raised over $7.7 million, and its hybrid approach is ready to disrupt the $264 billion global crypto trading market. At the fifth stage before ICO, DTX is priced at $0.10, a low entry price offering such high upside potential.
Shiba Inu and BONK are attracting an increasing number of people to the meme community, however, they are bound by large market caps and volatility. With DTX’s hybrid exchange model linking traditional finance and DeFi, it's a leading candidate for long term growth and 100x potential.
For a limited time only, if you use the promo code “DTXOG”, you will get an extra 50% on your deposit!
Read more about DTX Exchange:
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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