Bitcoin’s rally to $100,000 is imminent after the recent all-time high above $93,000. Its latest jump has pushed the crypto market higher, with Ripple (XRP) and TRON (TRX) seeing notable gains. As the new season approaches, here are some of the altcoins to watch.
Meanwhile, traders have shown keen interest in the DTX Exchange (DTX). Its unique value proposition is a hybrid trading platform where thousands of assets can be traded, from conventional financial instruments to Web3 products. With adoption imminent, this is a new DeFi project worth keeping on the radar.
DTX Exchange (DTX): The Latest Favorite Among Traders
The new DeFi token DTX Exchange (DTX) is the latest investor favorite. Its strong fundamentals and significant upside potential constitute its biggest attractions, generating considerable interest and demand in the market.
This week, it reached the $7.7 million fundraising milestone, cementing its status as a leading ICO, perhaps the best presale of this quarter. The token is priced at $0.1 in the fifth ICO round, which is ridiculously undervalued according to industry experts. Meanwhile, a 100x win is projected after its debut, making it a must-play.
Its innovative blend of the best elements of centralized and decentralized exchanges is also attracting interest. Its hybrid trading platform will make it a serious contender in the $10 billion global trading space. In addition to enabling trading of thousands of assets on TradFi and DeFi, users will benefit from other advanced features and tools such as trading robots, copy trading, and up to 1,000x leverage.
Ripple (XRP): up 25% in the last 7 days
Ripple (XRP), one of the top ten cryptocurrencies, is a big name in the crypto scene. The top altcoin is among the biggest gainers this week as it trades alongside the crypto bull market. Shaking off FUD from the ongoing legal standoff with the SEC, XRP price exploded over 25% on the weekly chart, selling at around $0.7.
Key indicators such as the MACD level (12, 26) suggest further rises. XRP price trading above the 20-VWMA ($0.60807) is another buy signal, the same as the 10-SMA. With growing demand, Ripple (XRP) could be among the best cryptos to invest in.
Sharing a similar sentiment, crypto analyst Steph_iscrypto made a bold XRP price prediction. The analyst’s forecast for 2024-2025 is an increase to $33. HouseOfCrypto3, another expert, shared his XRP coin forecast for 2025, hinting at a jump to $6.20.
TRON (TRX) Eyes New High
Layer 1 altcoin TRON (TRX) has been one of the standout performers this month. Like the rest of the market, it is on an upward trajectory. TRON price has climbed 10% over the past seven days, rising above $0.17. It hit a yearly high of $0.19 this week, heading toward a new all-time high.
Crypto analyst Babenski believes that TRON (TRX) must hold above $0.18 to move higher. AlienOvichO, another crypto expert, then suggests moving to $0.198. iamDigitalWorld also shared its TRX price outlook, predicting that it is poised to rebound to $3 and $10.
Other key indicators, like coin price above the 20-EMA ($0.1678) and 20-SMA ($0.1671), are buy signals. With a new high on the horizon – a rally above $0.3 – it is one of the altcoins to watch.
Why DTX Exchange (DTX) is a must-have before Ripple (XRP) and TRON (TRX)
DTX Exchange (DTX) is one of the new ICOs and an emerging cryptocurrency with huge potential. Its impending adoption sets the stage for massive growth, potentially surpassing Ripple (XRP) and TRON (TRX). Additionally, it has been hailed as the future of trading, which investors can become early adopters of.
Learn more:
Buy in presale
Visit the DTX website
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