The 8 Best Ethereum Coins To Buy As Eric Balchunas Makes a Blackrock Ethereum ETF Launch Date


The post The 8 Best Ethereum Coins To Buy As Eric Balchunas Makes a Blackrock Ethereum ETF Launch Date appeared first on Coinpedia Fintech News

After Eric Balchunas suggested the release date of Blackrock’s Ethereum ETF be July 4th, the cryptocurrency market was filled with excitement. As Ethereum continues to grow more popular, there has never been a better opportunity to look into some of the biggest Ethereum-based coins that are set for major gains.

The 8 Top Ethereum Coins To Keep an Eye On

Here are some of the most exciting Ethereum-based coins that you need to watch:

  • DTX Exchange (DTX): The best overall Ethereum coin that may soar by 50x soon.
  • Binance Coin (BNB): A powerful force in the crypto market based on Ethereum.
  • Chainlink (LINK): Another coin that has been skyrocketing recently.
  • Polygon (MATIC): An Ethereum coin riding a bullish wave.
  • NEAR Protocol (NEAR): A major player in the blockchain space that could rise.
  • Arbitrum (ARB): A good Ethereum coin now on an upswing.
  • (FET): Ethereum-based crypto rising on the price charts.
  • Render (RNDR): One of the current top crypto coins.

Let’s go over all of these Ethereum-based coins in more detail.

1. DTX Exchange (DTX)

Number one on our list of the top Ethereum coins is DTX Exchange (DTX). This unique project can potentially revolutionize online trading as we know it. This presale star has already raised nearly $600K and is on track to reach $1M before May 2024 ends. DTX Exchange is causing waves in the crypto world.

DTX Exchange has introduced an innovative trading platform that combines CEX and DEX features into one seamless system. This hybrid model gives trades access to over 120,000 financial instruments with leverage up to 1000x. Additionally, DTX Exchange ensures absolute anonymity by eliminating sign-up KYC checks – something millions desire.

At the core of this ecosystem lies the DTX token, an Ethereum-based utility coin that offers holders various privileges. These include lower trading fees, advanced analysis tools and governance voting rights. Moreover, those who hold $100 worth of DTX during its presale enter a $1M giveaway, where ten lucky traders will win $100K each.

Currently, DTX is worth just $0.04 in Stage 2 of its presale. Early buyers are already experiencing a 100% ROI. But, this percentage will rise as the presale advances. Market analysts forecast a potential 50x jump once a Tier-1 CEX lists DTX in Q3 of 2024. Given all these factors, DTX is the best Ethereum crypto.

2. Binance Coin (BNB)

Binance Coin (BNB) is next on our top Ethereum-based coin list. Over the last year, BNB has grown dramatically. According to CoinMarketCap data, the Binance Coin price increased by nearly 90%. This bull run is not expected to stop here, either, with crypto analyst Scient stating that he believes BNB could break its ATH ($686) soon.

The technical analysis of this cryptocurrency gives reason to be optimistic about its future potential. Binance Coin is currently trading above both its 100-day and 200-day EMAs, which indicate bullishness. In addition, there are 15 green technical indicators. Therefore, market analysts foresee a jump to $788 within Q2 of 2024 in their Binance Coin price predictions.

3. Chainlink (LINK)

With a possible Blackrock Ethereum ETF coming soon, Chainlink (LINK) is another Ethereum coin that could skyrocket. As shown by CoinMarketCap data, the Chainlink price has hiked by almost 180% over the last year. Crypto analyst Michaƫl Van De Poppe argues that $25-30 is possible for LINK if it breaks beyond the resistance level of $21.

The Chainlink coin boasts strong technical indicators that support Poppe’s bullish outlook. Notably, over 29 technical indicators are flashing green while LINK trades above its 100 and 200-day EMAs. Thanks to this analysis, experts have made a bullish Chainlink price prediction. They predict a surge to $22 before Q2 of 2024 ends for this Ethereum-based coin.

4. Polygon (MATIC)

Polygon (MATIC) has also captured a place on our promising Ethereum coin list. Over the past 12 months, the Polygon price fell nearly 25%, according to CoinMarketCap data. However, market analyst World of Charts has made a bullish Polygon price prediction. According to his X post, MATIC can easily reach $8-10 if it sees a successful breakout.

Moreover, the technical analysis for this Ethereum coin is bullish as well. Notably, five technical indicators are now in the buy zone for the Polygon crypto as it trades above its 200-day EMA. For all these reasons, other market analysts forecast MATIC trading to be at $1.04 within Q2 of 2024 in their Polygon price predictions.

5. NEAR Protocol (NEAR)

Another major Ethereum-based coin, NEAR Protocol (NEAR), has also been making headlines. Recently, OKX Wallet announced that it will now support NEAR Protocol, meaning users can transfer NEAR to and from over 95 blockchains integrated into the OKX Wallet.

This recent NEAR Protocol news is expected to trigger a rally for this cryptocurrency. Over the past year alone, it has risen by nearly 350%, which shows just how strong its performance has been. Additionally, NEAR is now trading above its 50—and 100-day EMAs—a good sign. As a result, experts predict a potential growth to $11.22 for NEAR Protocol before Q2 of 2024 ends.

6. Arbitrum (ARB)

Next, we must mention Arbitrum (ARB) as the Blackrock Ethereum ETF prepares to launch. In terms of the Arbitrum crypto value movement, it has dropped nearly 10% on the YTD chart. However, some exciting developments for this Ethereum-based coin may trigger a rally.

For example, Arbitrum announced that Galxe is taking its full product suite to Gravity Chain, which uses the Arbitrum Orbit. As a result, it will open the doors to Arbitrum for over 20M Galxe users. Because of all this bullish Arbitrum news, market analysts remain optimistic about its growth. They forecast a rise to $1.66 for ARB within Q2 of 2024.

7. (FET)

In the second-to-last place, we will talk about (FET). This Ethereum-based coin has made waves in the crypto market recently. For example, announced that its merger with Ocean Protocol and SingularityNET will be finalized on June 13th, 2024. Afterward, FET will be renamed ASI, which is a significant change.

The value of the crypto has surged nearly 700% in the last year alone. Thanks to this bullish news and over ten green technical indicators, experts remain bullish. They predict this Ethereum-based coin will trade at $3.25 before Q2 of 2024 ends.

8. Render (RNDR)

Finally, we must discuss Render (RNDR). According to CoinMarketCap data, the Render price increased nearly 300% over the past 12 months. Crypto analyst Tyler claims that this bullish trend will continue. In his X post, Tyler states that RNDR may see some downside but could soar to $11 soon.

The technical analysis of the Render coin supports this statement. For instance, RNDR trades above its 50- and 100-day EMAs, while 15 technical indicators show buy signals. Due to all these reasons, analysts have made a bullish Render price prediction. In their opinion, Render may soar to $15 within Q2 of 2024, making it one of the Ethereum coins to watch.

Final Thoughts on the Most Promising Ethereum Coins

While Eric Balchunas predicts Blackrock will launch its Ethereum ETF in July, these Ethereum-based coins are bound to explode. However, DTX Exchange stands out thanks to its low market cap and connections to the flourishing $133T bonds market. In other words, DTX will soar faster than Binance Coin, Chainlink, Polygon, Arbitrum, and Render.

If you wish to buy DTX, now is the perfect time since buying $100 worth of it may bring you $100K. So, sign up for its presale using the links below and take advantage of this opportunity.

from Coinpedia Fintech News