The recent market downturn sent shockwaves into the crypto community, sparking a cascading selloff. Bitcoin (BTC) and Ethereum (ETH), the leading cryptocurrencies, along with the rest of the market, plummeted. However, Layer-2 tokens on Ethereum, notably Arbitrum (ARB) and Optimism (OP), have shown remarkable resilience.
Meanwhile, DTX Exchange (DTX), the rave of the moment, has captured the attention of analysts. The novel exchange-based token stands at the crossroads between TradFi and DeFi, setting it up for adoption and massive growth.
DTX Exchange (DTX): Poised for a 100x Jump Post-Launch
DTX Exchange (DTX) has been stirring quite a buzz in the ICO world, linked to its solid fundamentals and significant upside potential. It sets itself apart from established players by combining the best elements of centralized and decentralized exchanges.
In light of the above, it will be a hybrid protocol and a novel financial ecosystem, aiming to shake up the $10 billion global trading market. Further, it allows the trading of different asset classes, from traditional ones (stocks, bonds and forex) to DeFi tokens.
Top analysts project a 100x jump in value after its launch, making it a new project to keep on the radar. Meanwhile, at a token price of $0.04 in the second round of the ICO, it offers a good entry point and promises more gains than top coins like Arbitrum and Optimism.
Arbitrum (ARB): Reclaiming the $0.5 Support
Arbitrum (ARB), an Ethereum Layer-2 scaling solution, is one of the market’s top altcoins. It employs optimistic rollups, which improve speed, scalability and cost-efficiency.
However, it experienced a scare as the crypto market nosedived and Ethereum tumbled below $2,300. However, the Arbitrum price didn’t lose as much gain, showcasing remarkable strength. With bullish momentum back in the crypto space, ARB has reclaimed the $0.5 support.
The Arbitrum token is set to hit $1 in quarter three, placing it on the list of the best cryptos to invest in. This puts it within striking distance of its all-time high of $2.40, which it can potentially reclaim before the year’s end.
Optimism (OP): Eyes on a New Peak
Optimism (OP), one of the biggest scaling solutions for Ethereum, is a key player in the layer-two ecosystem. Besides its solid fundamentals, it is also a top altcoin. Similar to Arbitrum, it uses optimistic rollups to help scale Ethereum.
Despite the overall market downturn, it was one of the most resilient. And with a bounce unfolding, Optimism crypto resumes its upswing, maintaining the $1 support and gearing up for further gains. It is no surprise that savvy investors have been expanding their portfolios, already ahead of the curve.
Industry experts are bullish, predicting the Optimism token will rally past its March high of $4.85 at the peak of this bull cycle. Sweetening the deal is its current price, which presents a good entry.
Conclusion
Despite the notable decline in ETH’s price, Arbitrum and Optimism held strong. With a bounce unfolding, they have resumed their upswing. Meanwhile, analysts tip DTX Exchange for a 100x rally after its market debut.
Visit the official DTX Exchange (DTX) website for the latest updates and information.
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