Discerning investors will always be on the hunt for promising opportunities that offer the potential for substantial returns on investment. Among the multitude of options available, three stand out as frontrunners: DTX Exchange (DTX), NEAR Protocol (NEAR), and Ethena (ENA).
Are these the best cryptos to buy in 2024? Let’s look at how they are performing.
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DTX Exchange Presale Elicits Investor Interest With Anticipation of 500% ROI
Amid a packed DeFi field where countless projects mimic one another with superficial tweaks and flashy marketing, DTX distinguishes itself with its comprehensive offerings, strong focus on user empowerment, and fostering a conducive trading environment. Tailored to accommodate both seasoned traders and newcomers alike, DTX Exchange (DTX) provides a set of sophisticated tools and an intuitive interface, empowering users to navigate the complexities of the cryptocurrency market with confidence.
DTX Exchange pledges to furnish traders with cutting-edge features and tools. From social and copy trading options to on-chain analytics, trading bots, and trading signals, DTX ensures traders have access to the insights and resources necessary for making informed decisions.
With its ongoing successful presale, this beginner cryptocurrency emerges as a frontrunner for the year 2024. By investing in DTX, you are looking at an appealing entry price of $0.02, which is set to rise to $0.075 in Stage 2 and $0.12 by the time the crypto is listed on major exchanges. As such, early investors are poised to gain 500% profits.
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Near Protocol (NEAR) Faces Turbulence: What Does the Future Hold?
The third week of January 2024 saw NEAR Foundation and Polygon Labs proudly announce the newest technical fusion, marking a significant stride in NEAR DA’s prowess for efficient and immensely scalable data availability. Now accessible through Polygon CDK, this integration empowers developers to craft their very own ZK-powered Layer 2 solutions tailored precisely to suit their unique requirements.
This news triggered a 137.79% surge by the end of Q1 as NEAR Protocol (NEAR) shifted from $3.07 to $7.30. In Q2, NEAR began fluctuating and to trade at $5.40 by the third week of April, which marked a 26.03% downturn from $7.30.
Analysts believe that NEAR will trade at $14.56 by the end of 2024, indicating a 169.63% recovery from $5.40. With such fluctuations, Near Protocol (NEAR) appears to be a dwarf when compared to DTX. So, does Ethena (ENA) present better prospects?
Ethena (ENA) Sees 28.68% Dip Amid USDeFRAX Liquidity Pool Announcement
Ethena Labs, the creator of the synthetic dollar, was granted approval to establish a USDeFRAX liquidity pool in collaboration with Frax Finance as the second week of April 2024 began. This initiative aims to enhance the diversification of FRAX stablecoin yield, offering new opportunities in the decentralized finance (DeFi) sector.
Following this news, Ethena (ENA) established a 28.68% dip by the third week of April as it fell from $1.29 to $0.92. Looking ahead, experts predict that ENA could reach $2.51 by Q3 2024, displaying a 172.83% increase from $0.92.
Just like NEAR, ENA is turbulent. As such, it may not be a good crypto to buy, especially when compared to DTX.
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