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The crypto market is heating up again, as Donald Trump said he is embracing crypto during the launch teaser for World Liberty Financial. Trump also mentioned leaving the slow and outdated big banks behind. In this environment, traders are looking for the next bigtime crypto.
A trader has mentioned one project that stands out - DTX Exchange (DTX). He even compared it to Ripple (XRP) and Toncoin (TON) which have made headlines recently. For instance, Grayscale launched an XRP trust while Top Gainer Today is still bullish about TON.
DTX Exchange (DTX) is now the hottest topic among many traders in the crypto space. Its presale performance has been great so far. DTX Exchange raised over $2.6M and may hit $3M before the end of next week. Even some well-known YouTubers like Crypto Royal predict that this platform could become the ultimate trading platform.
It recently launched its own L1 blockchain, which will serve as the foundation of this project. Essentially, DTX Exchange will launch a hybrid trading platform that combines the best of CEX and DEX. Therefore, people can buy over 120K asset classes at 1000x leverage. These classes may include crypto coins, gold, and CFDs.
The DTX utility token is this project's native token. It now costs $0.06, a 200% rise from its starting price. However, this price will rise to $0.08 after Stage 4 begins. Experts predict another 20x surge once a Tier-1 CEX lists DTX before 2024 ends. Due to all these factors, a prominent trader thinks this rookie may see the same success as Ripple (XRP) and Toncoin (TON).
Ripple (XRP) has also been making headlines. Recently, Grayscale announced that it will create an XRP trust. This single-asset crypto investment fund could lead to a potential Ripple (XRP) ETF. Even Brad Garlinghouse showed excitement and surprise by posting a hilarious GIF on X.
Thanks to this bullish Ripple news, its value could spike. Speaking of which, the Ripple (XRP) value jumped over 5% on the weekly chart. Also, momentum for the Ripple crypto is bullish as it trades above its 20-day EMAs. As a result, market analysts foresee XRP potentially hitting $0.65 before October 2024 ends.
Toncoin (TON) has also been showing green. CoinMarketCap shows that the price of Toncoin (TON) jumped nearly 15% on the 1-week chart. Crypto analyst Top Gainer Today also made a bold statement. According to his X post, he predicts that Toncoin (TON) may soar to $10.
Not only that, but the TON Blockchain has also seen the highest YoY transaction growth. CryptoRank.io revealed that Toncoin (TON) has seen 2,492% growth in this category. Because of all these factors, experts have made a bullish Toncoin price prediction. They forecast a rise to $6.30 before the end of October.
Ripple (XRP) and Toncoin (TON) are currently seeing growth. DTX Exchange (DTX) could join them as it has a smaller market cap than these crypto coins. This means it will soar much faster since DTX needs less money. Plus, DTX Exchange will tap into the $17T gold market, which gives it stability and great growth potential in the long term.
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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.
