Altcoin
Analysts are excited about this new altcoin: could it surpass giants like Tron (TRX) and Fetch.ai (FET)?
Newcomers generating buzz in the cryptocurrency market are nothing new; however, it came from DTX Exchange (DTX) this time. This altcoin is gaining attention among analysts as the next $1 cryptocurrency in 2024. Some even suggest that this Phase 2 presale star could surpass already established altcoins like Tron (TRX) and Fetch.ai (FET). Read on to find out why.
DTX Exchange (DTX): Among the best altcoins to keep on your radar
DTX Exchange (DTX) is emerging as a powerful force in the altcoin space. Those who purchased it early now enjoy a 100% ROI, a stellar performance. In fact, with millions of DTX tokens already sold, DTX Exchange has raised over $600,000 and is on track to reach $1 million by the end of June 2024. Global traders are showing interest in this altcoin.
What makes DTX Exchange different from other platforms is its hybrid trading system, which combines the best aspects of DEX and CEX. With this integration, you can trade more than 120,000 asset classes using up to 1,000x leverage without the necessary KYC checks. This feature could make it a fan favorite among traders who want to maintain their privacy.
This ecosystem revolves around the DTX utility token. Those who hold this altcoin will enjoy benefits such as advanced analytics tools, reduced transaction fees, and priority customer support. Additionally, anyone who purchases $100 worth of DTX during the pre-sale will be entered into a $1 million giveaway, where DTX Exchange rewards ten people with $100,000 each.
DTX currently costs just $0.04 in Phase 2 of the pre-sale, but once it reaches Phase 3, there will be a 50% increase, bringing its value down to $0.06. Analysts in this field believe that we only see the tip of the iceberg. They predict a potential jump to $1 once DTX reaches level 1 trading in Q3 2024, making it one of the best altcoins to buy.
Tron (TRX): LayerZero Support May Trigger a Rally
As one of the top altcoins, Tron (TRX) has also made headlines. Recently, Tron announced it that LayerZero has become active on its network. This means that over 65+ networks now have access to this altcoin. Not only that, TRON developers can deploy DApps on many blockchains, which will make them much more useful.
In terms of performance, the price of TRX has increased by more than 45% just since the beginning of this year. With bullish Tron news like this, it’s no wonder why some experts predict that that number could easily have doubled before we know it. They even say that there is a possibility that the Tron coin will surpass $0.15 at some point during the second quarter of 2024.
Fetch.ai (FET): New merger set to increase value
Another altcoin that has made waves recently is Fetch.ai (FET). Recently, Fetch.ai announced will end its merger with Ocean Protocol and SingularityNET on June 13, 2024. Therefore, FET will change dramatically, rebrand itself as ASI, and also bring the first-ever artificial superintelligence alliance.
The value of the Fetch.ai cryptocurrency has increased by more than 700% in the last 12 months. Furthermore, over ten technical indicators are now in the buy zone for this altcoin. Due to all this Fetch.ai news and bullish indicators, experts predict that its value will reach $3.25 before the end of the second quarter of 2024.
Will DTX Exchange Overtake Tron and Fetch.ai?
The DTX Exchange is a new altcoin that could compete with Tron and Fetch.ai. Beyond its impressive hybrid trading platform, this project has a low market capitalization and large connections to thriving trillion-dollar financial markets like FX, giving analysts every reason to notice it. Therefore, DTX emerges as one of the best altcoins for quick returns.
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