Interest in the crypto space may increase as Donald Trump recently made a historic purchase. He bought burgers at PubKey using Bitcoin (BTC) and became the first President to transact using crypto currency. Thanks to this event, the community is preparing for a massive rally.
In this environment, people gravitate toward Ethereum (ETH), DTX Exchange (DTX) and Toncoin (TON). These altcoins have great growth potential and are making headlines right now. For instance, Bitwise CIO Matt Hougan made a bold statement for Ethereum (ETH), while DTX Exchange (DTX) revealed it has opened up 50% of its token supply to the public. Toncoin (TON) also saw a bullish prediction from Fred – a well-known analyst.
Ethereum (ETH): An Underestimated Altcoin
Ethereum (ETH) is among the top 10 altcoins. Recently, Bitwise CIO Matt Hougan made a bold statement about this coin. In a new memo, Hougan said that Ethereum (ETH) is the Microsoft of blockchains. He also said that the community underappreciates the foundational role of the Ethereum crypto. Evidently, Hougan remains bullish about this altcoin.
When it comes to the Ethereum coin value, it has jumped nearly 3% in the past week alone. Plus, this altcoin is hovering above its 20-day EMAs, a bullish sign. Due to all these Ethereum news and signals, experts predict its value may reach $2,500 before the end of October 2024.
DTX Exchange (DTX): A Rising Star on the Promising Altcoin List
While Ethereum (ETH) is an already established altcoin, DTX Exchange (DTX) is a rising star now in its presale run. Its performance has been great so far, having raised over $2.6M and potentially reaching $3M before this month ends. Interest in it is sky-high, as DTX Exchange recently announced it has opened up 50% of its total token supply to the public.
Some major influencers, like YouTuber CryptoDexWorld, think of DTX Exchange as the next ultimate trading platform. This is because DTX Exchange will have a hybrid trading model that features the best of DEX and CEX. Therefore, people can access over 120K asset classes like bonds, crypto currencies and stocks in one place. Additionally, transaction speeds as fast as 0.04 seconds could give DTX Exchange an advantage over its peers.
The DTX altcoin will fuel this platform. In Stage 3 of its presale, DTX is now worth $0.06 – a 200% rise from its starting price. However, this altcoin price will not be available much longer, as Stage 4 brings a jump to $0.08. Analysts also predict a potential 30x surge after DTX gets listed on a Tier-1 exchange soon.
Toncoin (TON): Market Analyst Remains Bullish
Toncoin (TON) is another altcoin that has made some headlines recently. CoinMarketCap shows that the price of Toncoin (TON) jumped over 5% on the weekly chart. Crypto analyst Fred says that Toncoin (TON) now sees an inverse head and shoulder pattern. In his X post, he predicts that this altcoin may surge to the $7 level.
The RSI for the Toncoin crypto also sits at the 54 level, which shows moderate buying interest. Plus, Toncoin (TON) is trading above its 30-day EMAs, meaning potential for further gains. As a result, other experts are bullish as well. In their Toncoin price prediction, they forecast a rise to $6 this October.
Ethereum (ETH) vs. DTX Exchange (DTX) vs. Toncoin (TON) – Which Altcoin Could Take Off First?
Ethereum (ETH), DTX Exchange (DTX) and Toncoin (TON) are all altcoins to watch. But one of them has an advantage—DTX Exchange. This is because DTX needs less new money for its price to rise, as it has a smaller market cap than other crypto currencies. Furthermore, DTX Exchange could capitalise on the growing bonds market, which is worth $133T right now. Thus, its long-term growth potential is amazing.
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