DTX Exchange (DTX) is the next big thing after the launch of Hybrid L1 Blockchain, ChainLink and TRON.
The crypto landscape is a creative one, prompting answers like “here for the tech.” With novel projects constantly going live and fueling the market's appetite for the next big thing, DTX Exchange (DTX) has caught the attention of investors ahead of Chainlink (LINK) and TRON (TRX).
DTX, a hybrid exchange protocol with L1 blockchain, has been the talk of the crypto community. A unified Layer-1 blockchain that combines traditional asset classes with Web3 products went live this month and has been hailed as one of the new DeFi projects to watch out for.
DTX Exchange (DTX): Hybrid Layer-1 Blockchain goes live
DTX Exchange (DTX) is on investors' radars due to its novelty and growth potential. Meanwhile, he has attracted the attention of experts for the critical challenges he plans to address in the $10 billion world trade space.
The unique value protocol is a hybrid trading protocol – a mix of CEX and DEX. It differentiates itself from established players by addressing challenges such as centralization in wallet-based commerce and non-asset-protected storage.
Following the roadmap, a proprietary hybrid layer-1 blockchain that integrates common assets with Web3 products has recently gone live. With the token at $0.06 in its third round and over $2.7 million in pre-funding raised, it's a new altcoin worth betting on. Meanwhile, experts are predicting a 100x increase post-launch by issuing Chainlink (LINK) and TRON (TRX).
Chainlink (LINK): Demand is waning.
Chainlink (LINK) is Oracle's network that connects modern contracts to critical information off-chain. This can be linked to its rise to become one of the top altcoins.
On the yearly charts, Chainlink's price is up more than 50%, trading above the $10 support. However, over the past 30 days, it has traded down: 7 percent.
The decrease in demand is partly due to the general market decline and the transition to more promising options, high ICOs and new altcoins. Their significant upside potential makes Chainlink less attractive to those looking for big returns.
TRON (TRX): More declines?
TRON (TRX), the L1 altcoin and DeFi solution facilitates the creation of decentralized applications. It also supports other cryptocurrencies. The launch of SunPump, the TRX meme launching pad, makes it a strong contender in the meme ecosystem, hot on the heels of Solana and ETH memecoins.
While it reached an annual high of $0.16 in late August, there has been a significant decline since then. The price of TRON has decreased by 5% in the last 30 days, which analysts believe is due to the broader market failure.
Investors have been looking beyond TRON (TRX) for fear of further downside in the air. It is trading at $0.15 but experts predict a fall below $0.14 in the next leg of the bull run. However, the long-term outlook is promising.
Summary
While Chainlink (LINK) and TRON (TRON) are on the downswing, DTX Exchange (DTX), a new hybrid trading platform, is being hailed as the next big thing. Its unique offering—a one-stop platform for trading various assets—makes it attractive. Therefore, it is considered as one of the best new cryptos to invest in.
Learn more:
Buy Presale
Visit the DTX website
Join the DTX community
