Binance’s native token, BNB, continues to make significant strides, with its price surpassing $700 and reaching a new all-time high. Despite facing uncertainties in the past due to accusations against CZ and the exchange, Binance Coin has seen a revival in its fortunes. Following CZ’s resignation as CEO and the appointment of Richard Teng, investor confidence has been restored, leading to a surge in BNB’s price.
Meanwhile, Injective (INJ) has also experienced a comeback, hinting at potential bullish momentum. Investors are now turning their attention to DTX Exchange as the top cryptocurrency to watch in 2024. With its successful presale raising $635K, DTX poses a threat to both Injective and Binance Coin.
Binance (BNB) Breaks $700 Barrier
BNB’s price surge has been remarkable, breaking the $700 mark for the first time and reaching a market capitalization of over $100 billion. The trading volume has also seen a substantial increase, exceeding $3.895 billion in 24 hours. Despite a slight dip after crossing $710, BNB’s price has recorded an 11% increase in a single day and a 20% rise over the past thirty days.
Injective’s Resurgence: INJ Price Forecast
Despite a significant decline in the Injective Protocol in recent weeks, INJ’s price is on the rise again, with a 5% increase on Monday. Analysts believe that the token has reached its lowest point and is poised for a bullish run, driven by positive developments in the Injective ecosystem focused on interoperability and DeFi.
DTX Exchange’s Privacy Features Draw Attention
DTX Exchange has gained attention for its robust privacy measures, including encryption, two-factor authentication, and minimal data collection, making it a secure trading platform. The ongoing DTX presale has raised over $650,000 in stage 2, showcasing strong investor support for the platform’s DeFi strategy. With unique features like zero gas fees for VulcanX users and potential airdrops for DTX token holders, investors are flocking to DTX for potential gains.