There is a lot of talk about DTX Exchange (DTX) in the crypto space. In just a few short months, this presale star has advanced to Stage 3 – giving those who bought it early on a 200% return. This performance even attracted big whales from other established crypto coins like Ethereum (ETH) and Ripple (XRP).
Demand is so high that analysts see DTX as the next 70x crypto in 2024. Keep reading to discover why this rookie is one of the hottest projects in the market.
Ethereum (ETH): Close to a bounce
Ethereum (ETH) is one of the most well-known crypto coins. CoinCheckup data shows that the price of Ethereum fell nearly 20% on the one-month chart. But crypto analyst Kaleo is still bullish on this crypto. According to his X post, ETH is now getting very close to a bounce, which could see it rise to $4,200.
The technicals for the Ethereum crypto are also bullish. ETH is currently trading above its 20-day exponential and simple moving averages and has a momentum value of 344, which is in the buy zone.
Because of this, market analysts have made a bullish Ethereum price prediction. They forecast a potential rise to $2,800 before the end of October 2024 for ETH.
Ripple (XRP): May see a rally
Ripple (XRP) is another prominent crypto that has faced some volatility lately. The Ripple coin value dropped nearly 5% in the past seven days. But CRYPTOWZRD made a bullish statement about it. In his X post, he says that a W pattern is trying to form in XRP which could trigger a rally for this coin to $0.65.
This prediction could come true with the news that Futureverse is partnering with Ripple Custody to custody its assets. It has already adopted the XRPL NFT standard while using the Ripple coin as the gas token on the Root Network.
Due to all this bullish Ripple news, other experts are also confident in its growth. They predict that XRP will trade at $0.61 within September 2024.
DTX Exchange (DTX): Presale reaches stage 3
There is no denying that the DTX Exchange (DTX) presale has been great so far. It has raised over $2.3M and may reach $3M before the end of this month. In just a few short months, it has also reached Stage 3 – a big accomplishment. Even crypto influencers like YouTuber Crypto Volt see DTX Exchange as the next 3,000% crypto.
DTX Exchange will revolutionize online trading by launching a unique L1 blockchain protocol combining the best of CEX and DEX. With this hybrid trading model, DTX Exchange lets people buy over 120K asset classes like FX, CFDs and crypto coins with a leverage of up to 1000x. Fast transaction speeds of 0.04 seconds also give it an advantage over its rivals.
The DTX utility token is the fuel behind this platform. Those who hold it get governance voting rights and smaller trading fees. It is now worth just $0.06 in Stage 3, which will rise 33% to $0.08 after Stage 4 begins. Experts predict another 70x jump after a Tier-1 exchange listing happens for DTX in Q3 of 2024.
Why are Ethereum and Ripple whales all in on DTX Exchange?
The interest from Ethereum and Ripple whales in DTX Exchange is no surprise. This rookie has a smaller market cap than these crypto coins and connects to the rising $1.4T FX market. With these perks, DTX will surge much faster since it needs less money while remaining more stable.
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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.
