The crypto market is poised to grow as the UAE announced it would remove crypto transaction taxes. These thrilling developments have made interest in this space skyrocket. In this environment, everyone focuses on a new phase three presale star – DTX Exchange (DTX). Early buyers of this new altcoin have already experienced a 200% return and experts are very optimistic. They have DTX pegged as the next $1 altcoin in 2025.
This price prediction means this rookie may surpass even top altcoins like Ripple (XRP) and Tron (TRX). Although they now see green price charts and good news, they have yet to hit that $1 mark.
DTX Exchange (DTX) May Top the Best Altcoin List
DTX Exchange (DTX) is making a name for itself in the crypto space. It has already raised over $4M in its presale and could hit $5M before this month ends. Interest in this project is high because people are noticing that DTX Exchange could tap into many markets, like the $17T gold one.
DTX Exchange will introduce a hybrid trading platform combining the best of CEX and DEX. Therefore, people can access over 120K asset classes like FX, commodities, crypto currencies, etc. Plus, this will be done anonymously, as DTX Exchange will not do any sign-up KYC checks. With frequent data leaks, this feature gives DTX Exchange an advantage over other platforms.
The DTX utility token will be at the center of its ecosystem. Holding it gives people access to governance voting rights, smaller trading fees, and more. DTX is now worth $0.08 in phase fourof its presale, a 200% rise from its starting price. However, this altcoin price will jump to $0.10 after phase four begins. Experts predict another 20x surge after a Tier-1 CEX lists this altcoin before this quarter ends.
Justin Sun Elected As PM of Liberland, Tron (TRX) Price Jumps
Tron (TRX) is another altcoin to watch. Recently, there were some exciting developments, as Liberland revealed that Justin Sun has been elected as its Prime Minister. This is big news as Liberland is a micronation with an entire economic sector based on cryptocurrencies.
In other Tron news, its value has jumped nearly 5% on the monthly charts. Tron (TRX) is trading between $0.152 and $0.159. Also, the Tron coin is sitting above its 20-day EMA of $0.1557 and its 100-day EMA of $0.144. Because of all these factors, market analysts remain optimistic about this altcoin. Their predictions forecast a potential rise to $0.17 for Tron before October ends.
Ripple (XRP) Cross-Appeals Judge Torres’s Judgment
Ripple (XRP) is also making some headlines. James K. Filan revealed that Ripple has filed a cross-appeal of Judge Torres’s Judgment. This was done in response to the SEC filing its appeal in the Ripple case in early October. It is not yet known that the SEC is trying to appeal, but it will be known soon.
Meanwhile, the Ripple (XRP) value has been soaring. The Ripple crypto saw a price increase of 3% in the past week alone. This altcoin is now trading between $0.52 and $0.53. Experts in the crypto space are also bullish. They think that the Ripple coin may trade at $0.58 as it does not have much resistance to that point.
Can DTX Exchange Reach $1 Faster Than Altcoins Like Tron (TRX) or Ripple (XRP)?
Tron (TRX) and Ripple (XRP) are still altcoins to watch as they see some exciting developments that could lead to price growth. However, DTX Exchange (DTX) has some advantages. For instance, it has a smaller market cap than them, which makes it easier to move upward since DTX needs less new money. Thus, DTX may soar to $1 first, experts predict this may happen in 2025.
Learn more:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.