DeFi
Top DeFi Tokens Set to Soar in June – Buy Now for Major Gains
Discover the most popular DeFi tokens of June! From DTX Exchange to THORChain, find out which projects are poised for major gains. Your guide to the best DeFi investments for June 2024.
As the crypto market heats up, June could become one of the best months for DeFi coin fans. As more people use DeFi, some tokens appear poised to generate massive profits. Let’s take a look at the top DeFi projects that could explode in June:
- DTX Exchange (DTX): The best overall DeFi token that could rise soon.
- Chain link (LINK): One of the best DeFi coins today.
- Avalanche (AVAX): A powerful force in the DeFi market.
- Ghost (FTM): A DeFi coin trading in the green.
- THOR Chain (RUNE): DeFi project with high growth potential.
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DTX Exchange (DTX)
Ranking number one on our list of top DeFi projects is DTX Exchange (DTX), a token that has caught the attention of many as a rising presale star. They have offered first-time buyers a 100% ROI and expect to add another 50% in their next pre-sale stage. Additionally, DTX Exchange has raised almost $600,000, and predictions indicate that they could reach $1 million by June 2024.
The uniqueness of DTX Exchange within the DeFi market is the introduction of a hybrid trading platform, which brings together both CEX and DEX. This allows traders to access over 120,000 asset classes, with leverage up to 1,000x. As privacy concerns increase in the trading world, DTX Exchange is also removing KYC checks, which means complete anonymity.
During the presale, traders can purchase the DTX utility token. With this token, they can access enhanced analytics tools, governance voting rights, and reduced trading fees. Additionally, presale participants who hold $100 or more worth of DTX have a chance to win through the Million Dollar Sweepstakes, where ten lucky winners will walk away with $100,000 each.
This DeFi coin is currently worth just $0.04 in stage 2 of its presale. But market analysts remain optimistic, forecasting a rise to $0.5 once a Tier 1 CEX lists DTX in the third quarter of 2024. Given its ties to the $133 trillion bond market, This DTX price prediction has the potential to come true. For these reasons, DTX appears to be one of the most promising new DeFi projects.
2. Chain link (LINK)
Next, we have to mention Chainlink (LINK), a DeFi coin that trades in the green. According to data from CoinMarketCap, Chainlink price increased by over 150% on the YTD chart. Crypto analyst Michaël Van De Poppe thinks Chainlink could reach $25-30 if it manages to break the resistance at $21.
Many technical indicators are also bullish for the Chainlink coin. For example, more than 29 technical indicators have given positive signals and LINK is trading above its 100 and 200 day EMAs. This technical analysis gives experts hope for this DeFi coin in the long term. In their Chainlink price forecast, crypto experts predict a rise to $26 in Q2 2024.
3. Avalanches (AVAX)
Let’s talk about Avalanche (AVAX), a DeFi coin that is seeing significant upward movement. In fact, the Avalanche crypto has soared over 150% in the past 12 months. This upward trend is expected to continue as Particle Network Announcement universal accounts on the Avalanche network. This will allow traders to use any DApp on Avalanche with different tokens.
This new avalanche bullishness could trigger a rally. Avalanche is trading above its 50-day and 100-day EMAs with nine green technical indicators. With all these bullish signs around Avalanche, it is no wonder that crypto experts are predicting that AVAX price will reach $53.11 by the end of Q2 2024.
4. Ghost (FTM)
Fantom (FTM) is another DeFi coin to watch for its growth potential. Recently he made headlines Fantom announced its partnership with Google Cloud. With this development, developers on the Fantom network can access Google Cloud’s cutting-edge AI tools and infrastructure. The move is likely to increase interest in Fantom crypto.
Fantom’s value has increased by almost 150% over the past year, indicating strong bullish momentum. With 17 technical indicators in the buy zone and all this bullish Fantom news, analysts remain optimistic about its future. They predict it will reach $1.20 in Q2 2024, making FTM a good DeFi coin to watch in June.
5. THORChain (RUNE)
Last on our list of best DeFi projects is THORChain (RUNE). THORChain announced that it recently hit another milestone: over $30 billion in trading volume in 2024. This number is set to rise as more integrations like Solana are in store for this DeFi project later this year .
THORChain’s crypto value has increased by over 450% in the last year alone. Additionally, 17 technical indicators are in the buy zone for this DeFi coin, which is trading above its 100 and 200 day EMAs. Thanks to all this bullish news on THORChain, experts are predicting a potential jump to $9 before the end of Q2 2024.
Final Thoughts on the Top DeFi Projects in June
June 2024 could be a very important month for the DeFi market. DTX Exchange, Chainlink, Avalanche, Fantom, and THORChain all have great growth potential, but one stands out. Notably, DTX has a lower market cap and is linked to the Forex market, which could be valued at $1.4 billion by 2032. This makes DTX the best DeFi token at the moment.
Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. The project team purchased this promotional item for $350. Readers should do their own research before taking any action related to the company. BSC.News is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in the press release.
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.
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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.
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