Meta Description: Sui (SUI) targets $1.5 next, while Kaspa (KAS) launched KRC-20 tokens. DTX Exchange (DTX), a new hybrid exchange protocol, is priced at just $0.06.
The crypto market ended the week on a high note post-CPI, boosting sentiment and confidence. Sui (SUI), one of the top altcoins, crossed $1 amid a burst of momentum. In other news, Kaspa (KAS) rolled out its KRC-20 tokens, proving to be a bullish catalyst.
Also at the heart of the current market buzz is DTX Exchange (DTX), one of the latest new ICOs. The novel hybrid exchange protocol captures investors’ interest by combining the best elements of centralized and decentralized exchanges. By standing at the crossroads between TradFi and DeFi, it has been hailed as one of the best new cryptos to invest in.
DTX Exchange (DTX): A New Altcoin on Investors’ Radars
DTX Exchange (DTX), a new hybrid exchange protocol, stands out for several reasons. The crypto market has been buzzing given its blend of CEX and DEX—a shift from the norms. As it takes a different approach to trading and prepares to reshape the $10 billion global trading market, it is a new DeFi protocol to watch out for.
In just the third round of the ICO, over $2.6 million has been raised. Besides, it is heavily discounted and teeming with potential at its early stages, making it an investor favorite. A token costs only $0.06 and is tipped for a 55x jump after its debut. On its way to becoming one of this year’s breakout stars, investors have been betting on DTX ahead of Sui (SUI) and Kaspa (KAS).
Among its unique offerings, one distinguishing feature is its one-stop platform for all trading needs. Users can trade thousands of assets across TrardFi and Web3, including forex, stocks, equities and cryptocurrencies. By providing the best of both worlds, it is set for massive adoption.
Kaspa (KAS): KRC-20 Tokens Go Live
Kaspa (KAS), a proof-of-work (PoW) cryptocurrency that implements the GHOSTDAG protocol, is among the top crypto coins—a top 25. It plays a key role in the Layer-1 ecosystem, contributing to its rising demand and ascent. Talking about growth, KAS has been one of the year’s biggest highlights.
The Kaspa price increased over 200% on the yearly charts, making it one of the year’s best investments, outperforming the wider crypto market. Shorter time frames aren’t any different; there has been a 10% uptick in the past seven days in the Kaspa coin price.
Besides the overall market rally, the launch of KRC-20 tokens on the Kaspa protocol, which introduces smart contract functionality, can be linked to its upswing. In a viral post on X by GHOSTDAG co-author, reposted by Kaspa, the KRC-20 launch on $KAS works great so far: “no reports of crashing nodes or anything like that.”
Sui (SUI): Eyes $1.5 Next
Sui (SUI), one of the top altcoins, also plays a key role in crypto. As a Layer-1 blockchain designed to be secure, powerful and scalable, it is among the most favorite destinations for developers and projects. Its performance in the past few weeks has been among the most explosive.
Reflecting bullish sentiment, the Sui token price surged over 15% on the weekly charts. This upswing extends to longer timeframes, up over 30% in the past month. The Sui (SUI) price trades over $1, with $1.5 the next key price level to watch out for.
With the new week starting strong, optimism can be barely contained. A weekly close above $1.3 is on the cards, as noted by top analysts. This will push it closer to its all-time high of $2.18, placing the Sui coin on the list of altcoins to watch out for.
Conclusion
As Sui (SUI) crosses $1 and targets the next resistance and Kaspa (KAS) launches KRC-20 tokens, DTX Exchange has become the latest DeFi protocol. Its combination of CEX and DEX, while offering the best of the worlds of DeFi and TradFi, makes it primed for massive adoption. To become an early adopter or investor, we suggest checking out the presale.
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