The crypto industry is one of the fastest-growing sectors—new innovations are constantly springing up. The latest is the permissionless bridging of Uniswap (UNI), allowing cross-chain bridging across nine blockchain networks.
Meanwhile, as sentiment turns positive, whales overlook Dogwifhat (WIF) for DTX Exchange (DTX), a new exchange-based token. Unlike conventional trading platforms, it stands at the crossroads between traditional and decentralized finance, aiming to meet all trading needs.
DTX Exchange (DTX): A Must-Have Crypto This Quarter
DTX Exchange (DTX) is at the heart of the current market buzz. It is among the latest to get pre-listed on CoinMarketCap, suggesting its approaching market debut. Over $5.7 million has been raised in the ongoing presale, with early adopters in for an exciting ride.
The ICO is in round four, providing an opportunity to invest early in what has been hailed as the next big thing. Given the several benefits that come with being early, DTX is one of the new DeFi projects not to miss. A token currently goes for $0.08 and is projected to witness a 50x upswing post-launch, driving huge whale interest.
Also driving demand is its future transformation of the $3.2 billion global trading market. It takes a unique approach by blending the best elements of centralized and decentralized exchanges while bridging the gap between TradFi and DeFi. Its one-stop trading platform is on course to reshape the wider trading scene, setting it up as the best crypto to invest in ahead of Dogwifhat (WIF) and Uniswap (UNI).
Uniswap (UNI): Cross-Chain Bridge Goes Live
Uniswap (UNI), a popular decentralized trading protocol, facilitates automated trading of tokens. As an automated market marker (AMM), it plays a key role in the DeFi world, pushing it up the crypto ladder—a top-25 cryptocurrency.
The latest Uniswap news stirring up much buzz is the introduction of cross-chain bridging across nine networks. This permissionless bridging across blockchains, powered by Across Protocol, addresses the lengthy transaction times and processes needed for cross-chain asset transfer, not to mention the complicated UI.
This move by Uniswap (UNI) is intended to improve user experience and efficiency by streamlining cross-chain transfers—as “simple as swapping." Unsurprisingly, this development has had a positive impact on the Uniswap price, up over 3% in the past 24 hours and retailing above $8. On track for a jump above $10, it is one of the altcoins to watch.
Dogwifhat (WIF): Can it Lead the Next Meme Craze?
The dog-themed cryptocurrency Dogwifhat (WIF) is the leading Solana memecoin. It leads the dog crypto narrative on the widely embraced Solana blockchain, positioning it among the best cryptos to invest in. However, considering its large market cap and previous rallies, it isn’t as impressive as it once was.
As the crypto market took a slight downturn, Dogwifhat (WIF) dipped 2% on the weekly chart. However, it regains momentum. The Dogwifhat price is up over 5% on the daily timeframe and changing hands above $2.5. The coming days might see more gains, tipped for an upswing above $3.5.
Moreover, it is no secret that a meme craze is around the corner, despite AI memes sucking liquidity from the rest of the market. Dogwifhat (WIF) is on track to retest or surpass its all-time high of $4.85 before the year’s end—one of the best coins to invest in.
Conclusion
Uniswap (UNI) cements its leading status in the DeFi world following the launch of the new cross-chain bridge across nine networks. Meanwhile, whales have been betting more on DTX Exchange (DTX) than Dogwifhat (WIF), given the former’s upside potential and solid fundamentals. If you wish to invest in the future of trading, we suggest checking out the presale.
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