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DTX Exchange (DTX): The Next 5x Crypto Star? Experts Predict Massive Price Gains Just Like Ethereum (ETH) and Shiba Inu (SHIB) Saw

The post DTX Exchange (DTX): The Next 5x Crypto Star? Experts Predict Massive Price Gains Just Like Ethereum (ETH) and Shiba Inu (SHIB) Saw appeared first on Coinpedia Fintech News The crypto space is heating up, with many cryptos like Ethereum (ETH) and Shiba Inu (SHIB) seeing big price gains recently. But now, a new name is making headlines— DTX Exchange (DTX) . Many experts believe that this phase six presale star, which has already given early buyers a 500% return, could see the same growth potential as these top crypto coins. They foresee a potential 5x surge for DTX in 2025, which could make it one of the best tokens to watch for fast but explosive returns. DTX Exchange (DTX) Seen as an Altcoin Not To Miss Out On Ethereum (ETH) and Shiba Inu (SHIB) offered something few had tried before: Ethereum opened the doors for DeFi with smart contracts, while Shiba Inu took advantage of the meme culture. Similarly, DTX Exchange (DTX) is making its path by combining the best of CEX and DEX, thus providing a one-stop-shop solution for traders. On it, people will be able to trade over 120K asset classes, such as stocks, bonds, crypto coins, etc. This will be made possible thanks to the VulcanX blockchain. The testnet for this blockchain was recently launched, making headlines with its TPS of over 100,000. The hype is intense for DTX Exchange, which has now raised over $10.1M in its crypto ICO event. During this event, traders can buy its native token DTX for a discount. Those holding DTX can give input on future DTX Exchange products and more. Currently, it is worth $0.12, which is a 500% rise from its starting price of $0.02. But a Tier-1 CEX listing is expected to push this altcoin price to $0.20 – a 66% return for all who buy DTX. Poseidon: The Price of Ethereum (ETH) Could Reach $10K Ethereum (ETH) is a top 5 cryptocurrency showing green price charts. CoinMarketCap shows that the Ethereum price increased around 20% in the past month alone, moving between nearly $3,200 and close to $4,000. Crypto analyst Poseidon also excited traders with his Ethereum price prediction. In a recent X post, he told his followers that once this altcoin breaks past $4,000, nothing could stop it from reaching $10,000. Nevertheless, while Ethereum looks to be in a good spot right now, DTX Exchange clearly has some advantages. For instance, Ethereum has a TPS of 12-15, while DTX Exchange surpasses that by a long shot with a TPS of over 100K. Shiba Inu (SHIB) Price Could Break Out Soon, Bullish Indicators Show Shiba Inu (SHIB) is another token rising on the price charts. When it comes to Shiba Inu price movement, it has jumped nearly 15% on the one-month chart. Not only that, CoinMarketCap shows that its market cap grew from $14B to $16B in that period. According to crypto analyst Whales HQ, this meme coin is on the cusp of a big breakout. This Shiba Inu price prediction is backed by its technical analysis. TradingView shows that this meme coin is valued above its 30-day EMA ($0.000027) and its 50-day EMA ($0.000025). But, it is worth noting that the Shiba Inu coin has a market cap in the billions. In other words, although it may see a price surge, it may not be as big as people expect. On the other hand, DTX boasts a smaller market cap which means faster price growth with less money needed. Can DTX Exchange Be a Crypto Star Like Ethereum (ETH) & Shiba Inu (SHIB)? Traders have learned from Ethereum (ETH) and Shiba Inu (SHIB) that being an early buyer can yield life-changing returns. Since DTX Exchange (DTX) will have a fair launch where everyone may benefit, and it has over 300K wallet addresses so far, it could be the next big thing in the crypto market. Some experts even hint at a potential 5x surge for this altcoin in 2025. Learn more: Buy Presale Visit DTX Website Join The DTX Community The Daily Hodl

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Ronin’s DeFi TVL Grows 149% YoY, Boosted by RON Token’s 30% Price Rise

Ronin, the Layer 1 blockchain developed by Sky Mavis, experienced a significant 149% year-over-year increase in DeFi TVL, reaching $147 million in Q3 2024. There are several factors influencing this growth. One of the major catalysts was, however, the price surge of the RON token. Ronin’s DeFi, NFT Demand Grows According to Messari’s latest report , Ronin’s DeFi TVL rose from $59 million in Q3 2023 to $147 million in Q3 2024. The figure was boosted by a 30% increase in the RON token price and wider ecosystem adoption. At the same time, native token TVL fell by 36%, from 128 million to 82 million tokens, indicating less participation. This could be because of fewer token-locking incentives, a shift to gaming and NFTs, and a preference for holding RON tokens. RON holders increased by 11,611%, reaching 527,000 in Q3 2024, with a 20% growth from Q2. Interestingly, Katana DEX holds a dominant 99% share of the total DeFi TVL on the Ronin network, while the next two largest protocols, Sablier Finance and MetaLend, contribute just 0.0029% and 0.77%, respectively. As the main decentralized exchange on Ronin, Katana drives liquidity and token swaps for assets like RON, AXS, and SLP. While Katana’s TVL dropped 9% QoQ from $165 million in Q2 2024 to $150 million in Q3 2024, it saw a 154% YoY increase, rising from $59 million in Q3 2023 to $150 million in Q3 2024. Throughout the year, Ronin’s daily NFT buyers generally outnumbered sellers, indicating a preference for holding. In Q3 2024, both buyers and sellers grew by 17%, with the former rising from 4,400 to 5,100 and the latter from 3,700 to 4,300. This growth followed a record-high in June this year, fueled by the Coinbase Learn campaign and Ronin Carnival, which featured Axie Infinity missions, a $1 million competition from Apeiron, and free trials from 0xScope. These events led to peak engagement with 28,000 buyers and 20,000 sellers. Zooming out, Ronin’s daily transactions grew 24% QoQ in Q3, rising from 1.8 million to 2.2 million. This growth was driven by new games and partnerships. However, average daily transaction fees fell 20% QoQ, dropping from $7,000 to $5,000, likely due to Ronin focusing on expanding its ecosystem. Compared to Q3 2023, daily transactions skyrocketed by 2,300%, from 90,000 to 2.2 million, and transaction fees rose 4,000%, from $134 to $5,000. Active addresses also grew by 23% QoQ, while new addresses increased by 22%. Ronin’s Security Woes Known for being the victim of the most costly DeFi hack, Ronin was breached in 2022 when an attacker used inadequate private key security to authorize a fraudulent transaction, draining $624 million from the cross-chain bridge. In August 2024, the platform suffered another attack, losing $12 million due to a smart contract flaw introduced by a recent upgrade. The post Ronin’s DeFi TVL Grows 149% YoY, Boosted by RON Token’s 30% Price Rise appeared first on CryptoPotato . The Daily Hodl