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Top cryptocurrency market experts are betting on these coins – Toncoin, DTX Exchange, and Ethereum – for huge gains.
The cryptocurrency market is gaining momentum thanks to PayPal and Venmo teaming up with ENS for cryptocurrency payments. In this context, traders are looking for cryptocurrencies that can skyrocket in the rankings. Experts believe they have found the ideal cryptocurrencies: Toncoin, DTX Exchange, and Ethereum.
Recently, Xeusthegreat made a bold statement about Toncoin, while DTX Exchange launched its L1 blockchain. Prominent crypto analyst Fred also mentioned Ethereum. Let’s go through all these cryptos.
Toncoin: It’s time to lock again
Recently, crypto analyst Xeusthegreat said something positive about Toncoin. According to his post X, it is now time to get involved in this crypto again. He bases this opinion on the fact that the TON Foundation has contributed an additional $24 million to its DeFi incentive program.
Toncoin price movement has increased by more than 10% on the weekly chart. Moreover, Toncoin crypto is now trading above its 10-day moving averages, which could trigger upward buying pressure.
As a result, market analysts have made a new Toncoin price forecast. They predict that TON will reach $6 before the end of October 2024.
DTX Exchange: L1 Blockchain Launch Generates Excitement
DTX Exchange is making waves in the cryptocurrency space. Its ongoing presale has been incredible, with over $2.5 million raised so far. Projections indicate that this figure could reach $3 million before the end of September. Recently, DTX Exchange announced the launch of its L1 blockchain, which will serve as the foundation for its future trading platform.
Many have taken notice of this trading platform. Even YouTuber Crypto Chino told his 250,000 subscribers that DTX Exchange could be the ultimate platform. DTX Exchange will allow people to buy over 120,000 asset classes like bonds, cryptocurrencies, and currencies with 1,000x leverage. Additionally, fast transaction speeds of 0.04 seconds and no KYC verification upon registration give DTX Exchange an edge over platforms like Coinbase or Binance.
The DTX utility token is one of the main reasons for its appeal. Holding it allows people to benefit from better analytics tools and governance voting rights. It is now worth $0.06 in stage 3 of its presale, a 200% increase from its starting price of $0.02. But this value is expected to jump to $0.08 after the start of stage 4. Experts predict a potential 70x increase after DTX is listed on a tier-1 exchange before the end of 2024.
Ethereum: Analysts remain optimistic
Meanwhile, crypto analyst Fred also made some interesting claims about Ethereum. In his post X, he says that ETH is one of the longs he will take once a bottom is reached.
Ethereum price has dropped nearly 5% on the weekly chart. But momentum is expected to pick up as VanEck announced it will be shutting down its ETH ETF in favor of the ETH ETP. This will give people direct exposure to Ethereum’s price in real-time and reduced costs.
With all these factors, experts are predicting a value of $2,500 in their Ethereum price prediction for this year.
Toncoin vs DTX Exchange vs Ethereum
Toncoin, DTX Exchange, and Ethereum are all cryptocurrencies that could skyrocket soon. But DTX Exchange takes the lead. It has connections to the $133 trillion bond market, giving it long-term stability while having a smaller market cap than other cryptocurrencies. So, DTX needs less new money for its price to skyrocket.
To learn more, visit the pre-sale site, the official DTX site and join the DTX community.
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