Bitcoin’s rally to $100,000 is imminent after the recent all-time high above $93,000. Its latest jump pushed the crypto market to the upside, with Ripple (XRP) and TRON (TRX) registering notable upticks. As altseason approaches, these are some of the altcoins to watch.
Meanwhile, traders have shown a 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, it 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 solid fundamentals and significant upside potential are its biggest attractions, driving huge market interest and demand.
This week, it crossed the $7.7 million fundraising milestone, cementing its status as a top ICO—perhaps this quarter’s best presale. The token is priced at $0.1 in the fifth ICO round, which is ridiculously undervalued according to industry experts. Meanwhile, a 100x gain is projected after its debut, making it a must-have.
Also driving interest is its innovative blend of the best elements of centralized and decentralized exchanges. Its hybrid trading platform will make it a strong contender in the $10 billion global trading space. Besides allowing the trading of thousands of assets across TradFi and DeFi, users will enjoy other advanced features and tools like trading bots, copy trading and up to 1,000x leverage.
Ripple (XRP): 25% Uptick in the Past 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 winners this week as it trades alongside the bullish crypto market. Shaking off FUDs from the ongoing legal standoff with the SEC, the XRP price exploded over 25% on the weekly chart, retailing at around $0.7.
Key indicators like the MACD level (12, 26) suggest further upswings. The XRP price trading above the 20-VWMA ($0.60807) is another buy signal, the same as the 10-SMA. With demand growing, Ripple (XRP) might 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 2024-2025 forecast is a rally to $33. HouseOfCrypto3, another expert, shared their 2025 XRP coin forecast, hinting at a jump to $6.20.
TRON (TRX) Eyes a New Peak
The Layer-1 altcoin TRON (TRX) has been one of this month’s standout players. Like the rest of the market, it charts a bullish course. The TRON price skyrocketed 10% in the past seven days, changing hands above $0.17. It hit an annual high of $0.19 this week, racing toward a new all-time high.
Crypto analyst Babenski believes that TRON (TRX) needs to hold above $0.18 to push higher. AlienOvichO, another crypto expert, suggests a jump to $0.198 next. iamDigitalWorld also shared their TRX price outlook, predicting it is poised for a rally to $3 and $10.
Other key indicators, like the coin price trading above the 20-EMA ($0.1678) and 20-SMA ($0.1671), are buy signals. With a new peak on the horizon—a rally above $0.3—it is among the altcoins to watch.
Why DTX Exchange (DTX) is a Must-Have Ahead of Ripple (XRP) and TRON (TRX)
DTX Exchange (DTX) is one of the new ICOs and an emerging cryptocurrency with huge potential. Its imminent adoption sets the stage for massive growth, potentially outperforming Ripple (XRP) and TRON (TRX). Moreover, it has been hailed as the future of trading, which investors can become early adopters of.
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