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Peter Schiff, a well-known economist, recently made waves in the crypto market by saying that Bitcoin cannot succeed unless gold fails. This reflects an ongoing argument between gold and Bitcoin. As this debate rages on, traders have started looking towards more overlooked cryptocurrencies with potential.
Here we will discuss five of them: DTX Exchange (DTX), Notcoin (NOT), Cardano (ADA), Tron (TRX) and Polygon (MATIC) — which are gaining attention from smart money. While many of them are making headlines thanks to their price performance, DTX Exchange is rising as a Stage 2 presale star that has the potential to reach $1 in 2024.
DTX Exchange (DTX) has become a significant player in the cryptocurrency market, evident from its impressive presale. It has raised over $1,000,000 and is expected to hit $1.5M before this month ends. Additionally, popular crypto influencers like YouTuber Token Galaxy have highlighted this project, which has already soared in value by 100%.
The main goal of DTX Exchange is to revolutionize online trading. It will accomplish this by creating a hybrid trading platform combining CEX and DEX's best. Therefore, users will access over 120K asset classes like bonds, gold and cryptos with leverage of 1000x on one platform.
The DTX utility token is the backbone of this platform. To incentivize purchases, the DTX Exchange team will reward holders of this crypto with reduced trading fees, governance voting rights and more. Moreover, anyone who own $100 of DTX during its presale will enter a $1M giveaway. In this giveaway, 10 users will receive $100K each.
You only need $0.04 for one DTX at the moment. But, this is a Stage 2 presale price and more price jumps will happen as it advances. It will soar by 50% once Stage 3 begins. Due to all these reasons, market analysts forecast a surge to $1 once a Tier-1 CEX lists DTX in Q3 of 2024.
Notcoin (NOT) is another crypto making waves in the crypto market. According to CoinMarketCap data, the price of NOT rose over 10% in the past 12 months. During that time, the Notcoin market cap also grew from $750M to $1.60B. Crypto analyst Ahmed claims that this bullish trend will continue. His X post predicts that NOT may soar to $0.020 soon.
The technical analysis of the Notcoin crypto also paints a bullish picture. For example, over 12 technical indicators are now in the green for NOT. Due to all these reasons, market analysts foresee Notcoin trading at $0.022 before Q3 of 2024 ends.
Next, we will discuss Cardano (ADA), another powerful force in the crypto market. According to CoinMarketCap data, the price of ADA increased nearly 45% over the past year alone. Crypto analyst Captain Faibik also remains bullish on Cardano. According to his X post, the ADA train has left the station and he expects a 2x bullish rally in the midterm.
From a technical analysis perspective, the Cardano coin is also showing bullish signs. Notably, around 18 technical indicators are in the buy zone for ADA. Experts consider all these factors when making their price predictions for Cardano. Thus, they forecast a rise to $0.53 within Q3 of 2024 for Cardano.
In the second-to-last place, we will mention Tron (TRX). Recently, Justin Sun revealed that TRON USDT has exceeded $60B. This is a big milestone as Tron has become the first blockchain with one stablecoin surpassing the $60B level.
A rally may result from this bullish Tron news. Speaking of which, the Tron coin value increased nearly 70% on the year-to-date chart. Additionally, TRX is now trading above its 100 and 200-day EMAs while having 28 green technical indicators. Market analysts foresee a surge to $0.17 before Q3 of 2024 ends for Tron.
Last, we will discuss Polygon (MATIC). Over the past 12 months, the price of MATIC fell nearly 30%, as per CoinMarketCap. The Polygon market cap also moved from $6B to $5B during that time. However, crypto analyst ZAYK Charts remains bullish. According to his X post, the Polygon crypto will see a breakout to the $1 level soon.
The technical analysis for the Polygon coin also paints a bullish picture. For instance, MATIC trades above its 200-day EMA with 16 green technical indicators. Therefore, market analysts predict a jump to $0.71 within Q3 of 2024.
As Peter Schiff continues to debate Bitcoin and gold, smart money is flocking to DTX Exchange, Notcoin, Cardano, Tron and Polygon. Among these cryptos, DTX Exchange gains a competitive edge. This rookie has connections to the $133T bonds market and a lower market cap.
Therefore, DTX will surge faster and higher than its peers while remaining more stable, even in volatile waters. If you wish to buy this game-changing crypto, sign up for the DTX presale using the links below.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
