The best experts in the crypto market believe a rally is coming this year in October like it did in many previous years. Hence, the popular bullish term, “Uptober.” So, they chose three altcoins, which could see massive gains during this period. They are Tron (TRX), Toncoin (TON), and DTX Exchange.
MyTonWallet, a TON-based wallet, has added support for assets on the Tron network. Meanwhile, Tron’s Sunpump has launched an 888 TRX reward campaign for meme creators. Meanwhile, analysts predict the price of DTX Exchange could surge by more than 100% in October.
MyTonWallet adds support for Tron-based assets
In a recent tweet on X, MyTonWallet informed its users that it now supports Tron-based assets on its multi-chain wallet platform. As a result, users can now send and receive TRX and the USDT on TON. Meanwhile, the wallet’s expansion to Tron (TRX) comes at a time when both blockchains are experiencing significant adoption and growth.
In the meantime, Toncoin crypto holds its ground above the $5 mark despite recent fluctuations in price movement. The altcoin is trading between $4.50 and $6.00 on the monthly timeframe as its market cap consolidates between $11 billion and $15 billion. Experts are optimistic about the prospects of the Toncoin token. They believe that crossing the 50-day SMA ($5.85) will allow the Toncoin price to $7.34 in October.
Tron (TRX) launches meme creator incentive campaign
In a recent tweet, Tron’s (TRX) SunPump project unveiled a new campaign to incentivize memecoin creators on its platform. The campaign will reward those who create memecoin-based projects with 888 TRX. According to their official announcement, only creators who complete the 100% bonding curve are eligible for the reward.
In other news, the Tron coin continues to consolidate above the 50-day SMA ($0.145455) and 200-day SMA ($0.130961) despite the losses it has witnessed in the past few weeks. Its market cap is around the $12.5-$15 billion range. Experts believe October will be a bullish season for Tron crypto and look forward to upward price movement this period. They forecast that the Tron price will surge to $0.175935 by October.
DTX Exchange (DTX), a new hybrid platform
DTX Exchange (DTX) is a hybrid trading platform that brings together the best of centralized and decentralized exchanges. As a result, individuals can enjoy features like fast transactions, low fees, security, anonymous trading, and high liquidity. In addition to these, DTX Exchange users will also gain access to over 120K tradable asset classes, including forex, gold, digital currencies, and stocks in one location.
Users also don’t have to open different accounts or use more than one device to trade these asset classes. Furthermore, the exchange has no strict KYC checks found on centralized platforms like Binance. Traders can trade assets anonymously from anywhere in the world without submitting personal information.
DTX Exchange even solves the issue of liquidity troubling most decentralized platforms by organizing liquidity pools that are distributed, which allows it to connect to a variety of liquidity sources, including external exchanges and liquidity providers.
This leads to enhanced efficiency and reduced slippage. In this ecosystem, the DTX utility token is the utility coin. Currently valued at $0.06, it is in Stage 3 of its presale and is expected to skyrocket by 50% in the coming months. Having already raised over $2.7 million, DTX Exchange said that the amount of money raised from investors could increase to $5 million by the end of October.
Best cryptos for profits in uptober
With a potentially bullish month around the corner, analysts have chosen Tron (TRX), Toncoin (TON), and DTX Exchange as the best altcoins all investors should watch out for this October. They even believe the top ICO DTX Exchange, which is set to revolutionize the market, will see massive price gains this period as its presale gains momentum.
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