The crypto market swung high this month—Novembull. With investors on a buying spree, prices are up. Dogecoin (DOGE) eyes a breakout following a remarkable performance, while Toncoin (TON) to $10 doesn’t seem like building castles in the air.
DTX Exchange (DTX) is a new DeFi project also stirring up much buzz on the investment block. The new altcoin stands at the crossroads between TradFi and DeFi and combines the best elements of CEX and DEX. This novel approach will birth a one-of-a-kind hybrid trading platform, gearing up for massive adoption.
DTX Exchange (DTX): Primed for Explosive Growth
DTX Exchange (DTX), touted as this quarter’s best presale, is a promising wave not to miss. Its transformative trading approach has caught the attention of industry experts, hailing it as the next big thing. By combining key elements of CEX and DEX, it will build a one-stop platform for all trading needs.
Its hybrid trading platform is set to reshape the $10 billion global trading space. The key aspects of the DTX Exchange protocol include its hybrid model, smart contracts and an on-chain book. It will incorporate a model that combines elements of centralized and decentralized exchanges: an intuitive user experience while maintaining DEX’s security and privacy benefits.
Meanwhile, a token cost just $0.10 in round 5 of the presale; over $7.9 million has been raised in early funding. As it sails toward adoption and a potential 8,550% upswing after listing on Tier-1 exchanges, it is one of the best new cryptos to invest in, aiming to outperform Dogecoin (DOGE) and Toncoin (TON).
Dogecoin (DOGE): On Track for Further Gains
Dogecoin (DOGE), the leading memecoin, trades upward. Reflecting bullish sentiment, the Dogecoin price soared over 160% in the monthly timeframe. It increased 25% in the past 7 days, changing hands above $0.36.
On track for a rally above the 2021 all-time high of $0.73, it is one of the altcoins to watch. The bulls regaining the $0.4 support might be the fuel to push it above $0.6 and, subsequently, a new peak, positioning it among the best coins to invest in.
Moreover, the MACD level (12, 26) and the DOGE price trading above the 20-VWMA ($0.29849) are bullish signals. Crypto analyst Paper_hands92 has $10 as their Dogecoin price prediction for this cycle. While this might sound ambitious, T.A PROPHET, another analyst, predicts a run back to $0.438 in the near term, provided it doesn’t go below $0.34.
Toncoin (TON): 10 Soon?
Toncoin (TON), a top 15 cryptocurrency, regains bullish traction—the Telegram-based crypto gears up for a return to its peak and price discovery. Amid the bull’s push, the Toncoin price gained 3% on the weekly charts, retailing above $5.5.
With sights set on a retest of its July all-time high of $8.24, Toncoin (TON) represents a good buying opportunity. The Momentum (10) and the 20-MACD level (12, 26) are buy signals, the same as the altcoin price trading above the 10-EMA and 10-SMA.
Daniel Ramsey, a crypto analyst, highlighted Toncoin’s fully formed bullish pennant, suggesting a jump to $10. In the near term, CryptoDoc, an analyst, showed TON breaking out from the downtrend and consolidating, hinting at an upswing to $6. With room for growth, TON might be one of the best altcoins to invest in.
DTX Exchange (DTX): A Better Bet Than Toncoin (TON) and Dogecoin (DOGE)?
DTX Exchange’s growth potential is one of its biggest attractions. Aiming to outperform Toncoin (TON) and Dogecoin (DOGE), industry experts and investors are also drawn to its innovative trading model: a hybrid exchange platform that combines the best elements of CEX and DEX.
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