Elon Musk is at it again, this time with rumors of a decentralized exchange (DEX) coming to X, formerly known as Twitter. Crypto researcher Atlas spilled the beans, suggesting this could be a game-changer for mainstream crypto adoption. Imagine 650 million monthly users suddenly having access to decentralized trading. That’s massive.
Musk has always envisioned X as an ‘everything app.’ Adding a DEX fits perfectly into that puzzle. Linda Yaccarino, X’s CEO, has already hinted at in-app payments and investing features. Combine that with a GitHub code snippet pointing to DEX development, and the pieces start falling into place.
Let’s not underestimate the ‘Musk effect.’ Remember when he casually named a video game character Kekius Maximus? The $KEKIUS token skyrocketed almost overnight. If his DEX endorses or even mentions specific altcoins, they could instantly become the hottest picks in crypto.
So, which altcoins are worth keeping an eye on? Here are a few contenders.
First up, Snorter Token ($SNORT). Its standout feature is a Telegram trading bot designed to swipe liquidity from new meme coins. Normally, retail investors miss out on these early pumps because institutional players snatch up all the liquidity with advanced tools. Snorter levels the playing field.
The bot also boasts tight security and a low 0.85% trading fee, undercutting the industry standard. Currently in presale, $SNORT is priced at $0.0961, with over $1.16 million raised.
Next, consider Best Wallet Token ($BEST). It powers the self-custodial Best Wallet, which lets users buy meme coins during presales directly from the app. Security features include Fireblocks’ MPC-CMP technology and two-factor authentication. At $0.025215 per token and $13.4 million raised in presale, $BEST could be a solid pick.
Then there’s XRP. After months of consolidation, experts like Crypto Beast predict a 300% surge if it breaks out of its current zone. Recent developments, like Canada’s approval of a spot XRP ETF, add fuel to the fire. Whale activity is also up, with 2,700 holders now owning over 1 million $XRP each.
Musk’s DEX could be the catalyst crypto needs for explosive growth. But remember, the market is volatile. Always do your research before diving in.