Altcoin
Crypto Market Shocked: Kamala Harris May Speak at Bitcoin Conference; Analysts Announce Top Altcoin Picks for Summer Profits
The latest news in the cryptocurrency market is that Kamala Harris may soon speak at a Bitcoin conference. David Bailey revealed this information after saying he was in talks with his team. With the potential cryptocurrency approval becoming more likely, analysts have started naming altcoins that could see massive growth this summer.
DTX Exchange (DTX)Toncoin (TON), Ethena (ENA), Sui (SUI), and Ondo (ONDO) have been listed among the top options. While most are established altcoins, DTX Exchange stands out as a Phase 2 pre-sale sensation that has already raised over $1 million and could reach $2 million before the end of July 2024. Some analysts even see this freshman becoming the next 50x altcoin this year.
DTX Exchange (DTX): Among the best altcoins to buy
DTX Exchange (DTX) is quickly becoming a force in the altcoin space. Its ongoing presale performance has been stellar, offering early buyers a 100% ROI. Even major crypto influencers like YouTuber Cryptocurrency League They claim that DTX Exchange is the future of trading.
Combining elements of CEX and DEX, DTX Exchange boasts a hybrid trading platform that allows users to trade over 120,000 asset classes, including stocks, bonds, and cryptocurrencies. Additionally, users can access it without undergoing KYC checks. This emphasis on privacy and security should appeal to many privacy-conscious traders.
The DTX utility token powers the platform. Owning this altcoin will give traders access to advanced analytics tools, governance voting rights, and reduced trading fees. Additional incentives include a $1 million giveaway for DTX holders worth $100 during the presale, where ten winners will each receive $100,000.
DTX is priced at $0.04 as it is in Phase 2 of its presale. However, this price will settle at $0.06 once Phase 3 begins. Additionally, market analysts are predicting a 50x jump for DTX once a Tier 1 CEX lists it in Q3 2024. This makes DTX one of the best altcoins to invest in.
Toncoin (TON): DeFi TVL continues to grow
Later, analysts included Toncoin (TON) in this promising altcoin list. Recently, there have been some exciting news about Toncoin, such as Tonkeeper highlighted that TON’s DeFi TVL has grown 50x in the last year alone. This achievement shows the level of interest that Toncoin has.
The value of the cryptocurrency Toncoin has increased by more than 380% in the past 12 months. Moreover, around 11 technical indicators are in the buy zone while this altcoin is trading above its 50-day and 100-day EMAs. As a result, crypto experts are predicting a surge to $8.30 before the end of Q3 2024 for Toncoin.
Ethena (ENA): One of the Altcoins to Watch
Ethena (ENA) is another altcoin that has been in the news recently. Cryptocurrency analyst Astekz recently made a post X claiming that Ethena price could soon reach $0.772. According to Data from CoinMarketCap, its past value movement is down nearly 30% on the YTD chart.
However, the technical analysis of Ethena coin paints a more bullish picture. For example, about five technical indicators are now in the buy zone for ENA. For all these reasons, other analysts also predict a jump to $0.60 by Q3 2024 in their Ethena price forecast.
Sui (SUI): New integration with Amazon Web Services
Another altcoin is riding a bullish wave: Sui (SUI). Recently, He announced it which has integrated with AWS Startups. With this development, Amazon Web Service Blockchain Node Runners will now be coming to Sui. Therefore, builders can deploy Sui nodes within the AWS ecosystem.
The value of the Sui cryptocurrency has jumped by more than 20% in the past year alone. Furthermore, this altcoin is trading above its 50-day EMA and has six green technical indicators. Due to all these bullish news and indicators on Sui, experts are predicting a surge to $1.45 before the end of Q3 2024.
Ondo (ONDO): A new cycle begins
Finally, analysts chose Ondo (ONDO). CoinMarketCap data shows that Ondo price has increased by more than 500% in the last 12 months. Furthermore, cryptocurrency analyst Altstreet Bets remains bullish on the coin. His post X claims that Ondo cryptocurrency is starting a new cycle and could skyrocket to $4.39.
The technical analysis of Ondo coin supports this statement. For example, this altcoin now boasts about five technical indicators. As a result, other market analysts predict a jump to $1.31 in their Ondo price prediction by Q3 2024.
Concluding remarks on major altcoins
Kamala Harris’s possible appearance at the Bitcoin conference highlights the growing respectability of cryptocurrencies. Many altcoins could see huge gains as the market reacts to such events. DTX Exchange, Toncoin, Ethena, Sui, and Ondo stand out.
However, DTX Exchange could offer higher returns as it has a smaller market cap and ties to the $133T bond market. In other words, DTX could rise much faster than its peers. If you want to buy this altcoin, register for its presale using the links below.