DeFi
Analysts Select 5 Coins That Could Be Top DeFi Cryptos This Summer
Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.
In the growing DeFi market, there are many cryptocurrencies at stake. Finding one whose value could soon explode can be difficult. However, analysts have listed the top DeFi coins that could rise this summer.
The best DeFi projects right now
● DTX Exchange (DTX): The best DeFi coin around, with the potential to hit $1 soon.
● Chain link (LINK): Another major DeFi coin riding a bullish wave.
● Avalanche (AVAX): A DeFi crypto that has grown over 150% in the past year.
● Lido DAO (LDO): A good report on first quarter indicators could trigger a rally.
● Uniswap (UNI): Committed to defending the DeFi market.
Now we will take a closer look at all DeFi coins and determine their future. Let’s get started.
DTX Exchange (DTX): A promising DeFi project
DTX Exchange (DTX) is experiencing growth in the DeFi market thanks to its ongoing presale. This pre-sale offered first-time buyers a 100% return on investment while raising over $500,000 to date. Projections suggest a jump to $1 million before the end of May. This DeFi project is attracting the attention of traders around the world.
DTX Exchange introduces a new type of hybrid trading platform that combines the functionality of CEX and DEX. Thus, it allows users to access more than 120,000 asset classes, including stocks, bonds, cryptos, etc. Additionally, traders benefit from unrivaled leverage of up to 1,000x, meaning they can increase their gains while minimizing their risks.
This entire system revolves around DTX, its utility token. Keeping it will reduce trading fees, give you access to loyalty rewards, and provide advanced analytics. Those who buy it now will also participate in the $1 million giveaway that DTX Exchange will launch soon. DTX Exchange will reward ten lucky DTX holders with $100,000 each.
Such benefits have made traders rush to buy DTX during the second stage of its presale. It only costs $0.04, but will increase to $0.06 once phase 3 begins. This is a 50% return on investment for those who buy it now. Its long-term growth potential is excellent, thanks to its ties to the $133 trillion bond market. Experts predict that this DeFi coin will reach $1 once a Tier 1 CEX lists it in Q3 2024.
Inmortal: a Chainlink ETF (LINK) could arrive soon
As one of the leading DeFi coins, Chainlink (LINK) has been riding a bullish wave recently. Over the past 12 months, the Chainlink coin has increased in value by almost 180%. Crypto analyst Inmortal also made an optimistic statement. In his postInmortal suggests a Chainlink ETF could come after the Bitcoin and Ethereum ETF approvals.
The Chainlink crypto is trading above its 100 and 200 day EMAs and has 26 technical indicators suggesting a buy signal. Given this news and bullish indications from Chainlink, analysts expect LINK to reach $24 by Q2 2024.
Jonathan Carter: A bullish move could happen for Avalanche
By CoinMarketCap data, Avalanche is one of the top DeFi projects, up around 180% year to date. Another crypto analyst, Jonathan Carter, also shares bullish sentiments for AVAX. In his postit predicts a significant upward movement after a breakout for this DeFi coin.
This Avalanche price prediction is supported by its technical analysis. In other words, Avalanche coin is currently trading above its 50 and 100 day EMAs. Additionally, more than 16 technical indicators are flashing green for this crypto. As such, leading market analysts expect Avalanche to reach $58 by the close of Q2 2024.
Lido DAO (LDO): VaNOM Q1 report causes rally
Recently, Lido DAO has seen some exciting developments. Notably, Lido DAO revealed its VaNOM Q1 2024 report, which showed that Geth’s usage rate had fallen from 67% to 46%. Additionally, the report shows a decline in public cloud usage, which was 46% and is now 40%. This means that Lido DAO is moving away from dependence on certain platforms.
Regarding the movement of the Lido DAO token value, it has increased by almost 20% on the charts since the beginning of the year. Additionally, more than 20 technical indicators are in the buy zone for this DeFi coin. Due to all this Lido DAO news, experts predict that LDO will reach a value of $5 during the second quarter of 2024. This makes LDO one of the best DeFi coins to watch this summer.
Uniswap (UNI): ready to defend the DeFi market
The recent popularity of Uniswap (UNI) as a DeFi coin is hard to ignore. Recently, Uniswap created a blog post stating he would fight the SEC after receiving notice from Wells. In it, they explain why the SEC should not take legal action and argue that their assumptions about this are wrong.
This news from Uniswap could get more people interested in this crypto. According to data from CoinMarketCap, UNI’s value has increased by almost 90% in the last year alone. Additionally, at present, 26 technical indicators are in the buy zone for Uniswap. Therefore, many experts believe that Uniswap coin could reach $11 by the end of Q2 2024.
Final thoughts on the best DeFi projects this summer
Overall, these DeFi coins could skyrocket soon. However, DTX Exchange stands out from Chainlink, Avalanche, Lido DAO, and Uniswap because it is in its early stages of development.
Additionally, its market capitalization is low as it enters the trillion-dollar bond market. All these factors make DTX the best DeFi coin because it can rise much faster and higher.
To find out more about this project, visit the DTX presale site Or join the community
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
-
Tech9 months ago
The Latest Tech News in Crypto and Blockchain
-
DeFi9 months ago
🪂EigenLayer Airdrop Claims Go Live
-
News6 months ago
AI meme Raboo and crypto newbie ZRO
-
Altcoins6 months ago
Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail
-
DeFi6 months ago
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
-
Altcoins6 months ago
Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail
-
News6 months ago
Donald Trump vows to make the US a ‘Bitcoin superpower’ and create a national stockpile of tokens
-
DeFi9 months ago
🥛 The “war on DeFi” continues ⚔️
-
DeFi9 months ago
TON Network Surpasses $200M TVL, Boosted by Open League and DeFi Growth ⋆ ZyCrypto
-
DeFi6 months ago
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
-
DeFi8 months ago
🏴☠️ Pump.Fun operated by Insider Exploit
-
Tech6 months ago
Logan Paul Offers Partial Refund for Failed CryptoZoo Game