The crypto space is slowly catching on fire again with new, exciting projects. One of these projects is DTX Exchange (DTX), which has already reached Stage 3 of its presale. Those who bought into it early on already see a 200% return.
Some experts even say that DTX could be the next 60x crypto in 2024, potentially outpacing Toncoin (TON) and Ethereum (ETH). Keep reading to find out why.
DTX Exchange (DTX): One of the top presales at the moment
Many people in the crypto market are talking about the DTX Exchange (DTX) presale. This is because its performance has been amazing, raising over $2M and potentially reaching $3M before September 30th, 2024. The L1 blockchain protocol will launch soon, causing hype to rise again.
Even big YouTubers like Crypto Royal see DTX Exchange as a game-changer in online trading. At its core, DTX Exchange will be a hybrid trading platform that lets people buy over 120K asset classes like FX, cryptos, and gold at a leverage of 1000x. Fast transaction speeds of 0.04 seconds make DTX Exchange a fan favorite among millions of people.
The DTX utility token is currently worth $0.06 in Stage 3 of its presale. Once Stage 4 begins, however, this price will jump to $0.08. Some experts even predict that DTX may experience a 60x surge after it hits Tier-1 exchanges in Q3 of 2024. Those who buy it now will capitalize on this growth and get better analytics tools and smaller trading fees.
Toncoin (TON): Slumps on the price charts
Toncoin (TON) is a cryptocurrency falling on the price charts. CoinCheckup data shows that the Toncoin value dropped nearly 20% in the past month alone. This drop came after news broke that Telegram CEO Pavel Durov was arrested in France. Justin Sun announced that he would donate $1M if a Free Pavel DAO was created decentralized.
The technicals for the Toncoin crypto also paint a bearish picture. It is now trading below its 50-day exponential and simple moving averages. Plus, its MAC level sits at -0.30 in the sell zone.
As a result of this Toncoin news, market analysts predict that its value will sit at $6 before September 2024 ends.
Ethereum (ETH): A potential reversal signal
Meanwhile, Ethereum (ETH) is still struggling. The price of Ethereum has dropped over 25% in the past 30 days. But crypto analyst Michaël van de Poppe is still bullish.
In his X post, he says that the Ethereum crypto has made its first bullish divergence in the daily timeframe in over two years. He suggests waiting to see if this is an actual reversal signal.
Experts mention all these factors when making their Ethereum price prediction. Thus, they predict that ETH will trade at $2,900 before October 2024 starts.
What gives DTX Exchange an edge over Toncoin and Ethereum?
Although Toncoin and Ethereum are already established crypto coins, DTX Exchange is a newcomer. Therefore, DTX has a smaller market cap than them, which means less new money for its price to skyrocket. Plus, this rookie boasts connections to the $17T gold market, which gives it more stability, even in volatile waters.
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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
