With the cryptocurrency industry preparing for a bullish trend, traders are making moves to exchange coins, which are expected to see growth. These coins serve as the foundation of many trading platforms. Let’s go over which ones were selected as top picks among whales.
The 5 Top Exchange Coins That Whales Focus On
Here is the list of the best exchange coins that whales are buying for the upcoming bull run:
- DTX Exchange (DTX): An exchange coin that could redefine the online trading space.
- Binance Coin (BNB): One of the top exchange coins in terms of market cap.
- Uniswap (UNI): Another cryptocurrency showing massive gains.
- THORChain (RUNE): A major exchange coin now trading in the green.
- Jupiter (JUP): A Solana-based cryptocurrency that could explode soon.
Let’s go over all five of these exchange coins in further detail.
DTX Exchange (DTX): A Game-Changing Exchange
First, whales are focusing most on DTX Exchange (DTX), which aims to redefine the online trading market. This market was valued at $10.15B in 2024 and is projected to reach $16.71B by 2032. DTX Exchange is strategically positioning itself to capitalize on this growth with its innovative hybrid trading platform.
DTX Exchange combines the best centralized and decentralized exchange features into one place. Therefore, traders can experience access to over 120,000 asset classes with leverage of up to 1000x, which is unmatched by platforms such as Coinbase.
The DTX Exchange coin, DTX, is a vital component of this platform. It will provide users with a way to pay for their trading fees and gain access to premium features like priority customer support and loyalty rewards. This exchange coin is now in Stage 2 of its presale, which has been terrific so far—raising over $500K so far. It may even reach $1M before May 2024 ends.
Currently, one DTX costs just $0.04, a 100% rise from its starting price of $0.02. But this price will continue rising as Stage 3 brings another jump to $0.06 – a 50% ROI for those who buy it now. In fact, experts predict a rise to $0.5 once a Tier-1 CEX lists DTX in Q3 of 2024. For all these reasons, whales stack up on this exchange coin before the next bull run.
Binance Coin (BNB): Among the Top Exchange Coins
Next, we will discuss Binance Coin (BNB) as one of the exchange coins to watch. CoinMarketCap data shows that the Binance Coin price saw a surge of over 80% in the past year alone. During that time, the Binance Coin market cap grew from $47B to $84B. As the overall crypto market sentiment is bullish, this upward trend may continue.
Currently, the Binance Coin technical analysis also shows bullish signs. For example, 13 technical indicators are in the buy zone for this exchange coin. Because of this, experts in the crypto field have made a bullish Binance Coin price prediction. They foresee a potential jump to $734 before Q2 of 2024 ends for Binance Coin.
Uniswap (UNI): Surpassing a New Milestone
Uniswap (UNI) is another exchange coin that could surge in the bull run. There were some exciting developments recently, such as Uniswap’s announcement that it has now passed $4B in swaps on its mobile app. This activity level is a bullish sign for its future as it shows the attention it is getting.
The Uniswap price grew nearly 50% on the YTD chart. This exchange coin is trading above its 50- and 100-day EMAs while boasting 16 green technical indicators. As a result, market analysts foresee an increase to $10 within Q2 of 2024 in their Uniswap price predictions. Thus, whales are also focusing on UNI right now.
THORChain (RUNE): Analysts Remain Bullish
In the second-to-last place on our top exchange coin list is THORChain (RUNE). This exchange coin has been trading in the green, as CoinMarketCap data shows. Over the past year alone, the THORChain price increased by over 450%. Crypto analyst World of Charts also remains bullish. In his X post, he predicts that RUNE may reach a value of $12 soon.
From a technical analysis perspective, this THORChain price prediction may come true. For instance, RUNE trades above its 100 and 200-day EMAs, while 28 technical indicators are green. Therefore, experts predict a potential surge to $9 for THORChain before the end of Q2 2024.
Jupiter (JUP): New Sanctum Infinity Integration
Last, we have to mention Jupiter (JUP), which has seen some exciting developments. Notably, Jupiter announced that Sanctum Infinity has now been integrated into Jupiter Routing. As a result, swapping from one LST to another will tap into Sanctum Infinity’s liquidity.
Jupiter’s crypto value movement has fallen around 25% in the past year. However, the technical analysis of this exchange coin paints a bullish picture. For example, 16 technical indicators are showing bullish signs. Because of all this bullish Jupiter news, market analysts foresee this crypto reaching $1.79 before Q2 of 2024 ends.
Final Remarks on the Best Exchange Coins To Buy This Bull Run
As the bull run heats up, these five top exchange coins are bound to increase soon, and whales are stacking up on them. However, DTX Exchange is poised to surge much faster as it has connections to the gold market which is valued at $16.385T. Thus, DTX stands out among Binance Coin, Uniswap, THORChain, and Jupiter.
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