Could a $10 Bet on DTX Exchange Yield 10,000% Returns?

Investing in high-growth coins in their earlier stages makes big money in cryptocurrency. Last week’s expert prediction in DTX Exchange (DTX) shook the crypto community, including the Binance Coin (BNB) and Book Of Meme (BOME) communities. 

According to the projection, DTX could rally around 10,000% after their mainnet launch; experts deduced this projection from 10,000 TPS testnet records and a $3 million presale in under one and a half months. If we go by this projection, $10 invested at current levels could turn into $10,010. 

Crypto investors are attracted to DTX Exchange, and some big institutions are analyzing the coin. Binance Coin (BNB) and Book Of Meme (BOME) investors have already taken positions in the DTX Exchange and are ready to ride the trend. 

Impact Of CZ Release On Binance Coin (BNB) Price Action

BNB is experiencing high volatility following Changpeng Zhao’s (CZ) release from prison. His release is seen as a significant moment for Binance and the entire crypto market. BNB’s price dropped 6% from the recent swing high and is currently trading at $582.

Over the past three weeks, Binance Coin (BNB) showed a strong recovery, rising from a low of $471 to a high of $618.31—a 28% increase. This bullish momentum in Binance Coin (BNB) gave a breakout from the descending trendline resistance. 

Afterward, Binance Coin corrected slightly to stabilize above its previous resistance. The post-breakout rally could push BNB to target $700 if buying pressure continues.

Can Book Of Meme (BOME) Reach The $0.1 Level?

Book of Meme (BOME) is a cryptocurrency that gained popularity by riding the wave of meme coins. Book of Meme (BOME)  is known for its community-driven appeal and viral internet culture. Like many meme tokens, BOME uses humor and memes in its branding to catch attention and grow its fan base. But after the launch, Book of Meme (BOME)  has been in a continuous downtrend and has been unable to recover.

While Book of Meme (BOME)  is a smaller player in the crypto market, it has built a niche by actively engaging its community and tapping into the meme coin craze. However, the target of $0.1 is unachievable anytime soon as the coin is under heavy bear pressure.

DTX Exchange (DTX) Crosses $3 Million With Over 6,786 Holders

Two months after the launch, the DTX Exchange raised $3.2 million, and coin holders increased from 5,000 to over 6,700. VulacnX feature launch was a major contributor to the increased demand for the coin. VulcanX is bringing the features of both centralized and decentralized exchanges into one place, making the DTX ecosystem hybrid.

VulcanX offers DTX token holders a unique advantage: They can use their tokens to pay for trading fees at discounted rates. This lowers costs and encourages more active trading and greater user engagement.

The platform supports trading over 120,000 asset classes, including bonds, CFDs, and cryptocurrencies, with up to 1000x leverage. DTX Exchange also skips the typical KYC sign-up checks, a feature many traders appreciate for its convenience, which may boost its popularity.

People who hold DTX tokens find it very beneficial to be privileged and enjoy loyalty rewards. Holders can choose to stake and keep the tokens in their wallets to earn the rewards; they can also get double-digit returns.

DTX tokens are currently available at a remarkable $0.06 per unit during the third round of its ICO. With the tokens hitting the market, experts are foreseeing a 100x growth; therefore, interest is sparking.   

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Source: https://www.cryptonewsz.com/could-10-usd-bet-on-dtx-exchange-yield-10000-percent-returns/