Altcoins
The sleeping giant wakes up: Chinese investors focus on SEI, FET and DTX exchanges as the best altcoins to invest in
SEI: a DEX-specific layer 1 solution
Sei is a layer 1 blockchain running on Cosmos that aims to revolutionize digital asset trading, particularly within the decentralized exchange (DEX) ecosystem. Without compromising the security and decentralization which are the cornerstones of the blockchain ecosystem, it seeks to provide its users with the speed and simplicity of exchanges that the majority of centralized exchanges offer.
Why Chinese investors might be bullish on SEI:
● Focused on performance: After moving to an already efficient proof of work system such as the Cosmos SDK, Sei now has a transaction finality score of 500ms, which is comparable to several centralized exchanges and much faster than most DEX platforms that process multiple digital assets. .
● Enhanced security: Hundreds of millions of dollars have been withdrawn from the wallets of several dApps, even though they use secure layer 1 protocols like Ethereum and BNB Chain. In light of this, Sei regularly uses batch auction techniques to solve front-running and MEV issues.
Current SEI Price: $0.65 (at the time of writing).
Fetch.ai Coin (FET): Bridging the Gap Between AI and Blockchain
The Fetch.ai coin is a decentralized machine learning platform this allows AI agents to more easily exchange data and communicate securely with each other. This innovative method has the potential to completely transform a number of industries, including financial modeling and supply chain management.
Why Chinese investors might be bullish on FET:
● Real-world applications: Fetch.ai’s decentralized marketplace for AI services offers a window into the future of AI cooperation. Chinese investors looking for real-world applications will find this utility particularly attractive.
● Strong partnerships: Fetch.ai has partnered with SingularityNET and OCEAN Protocol to form a superintelligence alliance with the goal of democratizing AI and fighting big tech company monopolies. This shows a promising future.
Current FET price:$2.43 (at time of writing)
DTX Exchange – Decentralized trading with a global focus
DTX Exchange is a next generation hybrid trading platform which aims to revolutionize the commerce sector. DTX enters the market with offerings such as over 120,000 financial instruments across cryptocurrencies, foreign exchange, stocks, commodities and contracts for differences (CFDs), as well as unmatched leverage like 1000x. DTX is a feature-rich DEX ecosystem with a unique value proposition.
Credits: Image provided; Author: Customer;
Why Chinese investors might be bullish on DTX:
● Feature-rich ecosystem: DTX has created one of the most robust DEX ecosystems on the market. This value proposition constitutes a strong point of attraction, given that traders are constantly looking for new things and better performance. The potential for such expansion could be attractive to Chinese investors who like to play the long game.
● Strong pre-sale: DTX is currently in its first pre-sale stage and has raised over $335,000 in a few weeks for a project that has just hit the market. That’s huge, especially considering it already has over 1000 unique holders.
Current DTX price: Presale in progress at $0.02.
To learn more about DTX Exchange, visit the DTX pre-sale site Or join the DTX Telegram community.
Key to remember
Chinese investors consider SEI, FET and DTX as the best altcoin choices due to their innovative solutions and strong market potential. SEI Prize offers a performance-centric DEX-specific Layer 1 solution, FET Coin connects AI and blockchain with real-world applications and strong partnerships, while DTX Exchange promises a feature-rich ecosystem and strong pre-sales performance.
Disclaimer:
The opinions expressed on this page are those of the author and not of The Portugal News.