Altcoin
DTX Exchange Stuns as Crypto Whales Elude Popular Altcoins TON, TRX
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DTX Exchange is attracting considerable attention from major crypto operators, shifting focus away from established altcoins such as Toncoin and Tron with their growth potential in 2024.
One of the latest trending topics in this field is DTX Exchange (DTX), which has attracted many big players in the cryptocurrency industry. They have shifted their focus from established altcoins such as Toncoin (TON) or Tron (TRX). Experts suggest that this Phase 2 presale star could become the next 50x altcoin in 2024.
DTX Exchange: among the best altcoins right now
With a hybrid platform combining CEX and DEX, DTX Exchange (DTX) is redefining the retail space. This unusual mix gives traders the freedom and security they need to trade effectively. Therefore, users have access to over 120,000 asset classes, including but not limited to bonds and cryptocurrencies. This is an advantage over other “crypto-focused” platforms.
DTX Exchange has eliminated registration KYC checks, which are usually necessary when people become very concerned about their privacy. This emphasis on privacy attracts many members of the trading community who value anonymity. Furthermore, offering leverage of up to 1000x makes it even more attractive as users can see larger profits.
The DTX token serves as the bloodline behind the DTX Exchange ecosystem. Those who hold this altcoin can access advanced analysis tools and have reduced trading fees. DTX is now on pre-sale, a great success as $600,000 has already been raised. Projections suggest that DTX Exchange could raise over $1 million before the end of June 2024.
Currently, the price of this altcoin is $0.04 in Phase 2 of the presale, a 100% increase from the initial price of $0.02. However, market analysts expect 50x growth once a Tier-1 CEX enters it in the third quarter of 2024. Given its connections to many thriving markets, such as the $133 trillion bond market, this forecast price could come true. This makes DTX top the promising list of altcoins.
Toncoin: 100 integrations on the way
Toncoin (TON) is one of the best altcoins at the moment. Recently, Toncoin announced that over 100 local partner integrations for USDt on TON are coming. With this development, more people will have access to this project.
As for the movement of Toncoin cryptocurrency value, it increased by almost 350% on the YTD chart. Furthermore, there are 26 technical indicators in the buy zone for this altcoin. As a result of all this news and bullish signals on Toncoin, experts in the cryptocurrency field predict that this cryptocurrency will trade at $8.80 before the end of the second quarter of 2024.
Tron: Crypto overall remains bullish
Tron (TRX) is another altcoin that has made headlines recently. CoinMarketCap data shows that the price of Tron has increased by more than 45% in the last 12 months. Crypto analyst Crypto General also released a bullish statement on this altcoin. In his post Xstates that TRX is poised to see a strong upward movement and reach its price target of $0.14.
Technical analysis of the Tron cryptocurrency supports this statement. TRX is trading above the 50 and 100 day EMAs, despite having ten technical indicators in green. Therefore, market analysts expect an increase to $0.15 by the second quarter of 2024 in their Tron price forecasts.
Why do whales prefer DTX Exchange?
While Toncoin and Tron remain altcoins to watch, DTX Exchange has an advantage. This upstart has a low market capitalization and ties to trillion-dollar financial markets. To clarify, DTX will need far fewer new funds for its price to rise and it will remain stable amidst volatility.
To know more, visit the DTX presale, read the white paperAND join the DTX community.
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