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Primed for a 75x Jump 

CryptoExpert by CryptoExpert
October 20, 2024
in Finance
0
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The upcoming bull run might be the final chance to make it big in crypto. However, investing in large caps like Cardano (ADA) and Toncoin (TON) will offer, at best, slight gains. This makes them less appealing, sparking a shift to new and emerging cryptocurrencies. 

DTX Exchange (DTX), a novel hybrid trading platform, tops this list. It combines the best elements of centralized and decentralized exchanges, setting it apart from other competitors. With a whopping $5.2 million raised in its ongoing presale, it is on its way toward an explosive launch, hailed as the best new crypto to invest in. 

DTX Exchange (DTX): Primed for a 75x Jump 

DTX Exchange (DTX) basks in the spotlight after its remarkable performance. Breezing past most new ICOs, it makes a compelling argument about being this quarter’s best presale. What is the buzz all about, though? 

Finding solid altcoins in their early stages—gems, if you will—is no mean feat. DTX, a hybrid trading platform, fits this bill; it is on track to transform the $3.2 billion global trading market. It will present the best of the worlds of DEX and CEX, addressing key features like lack of diverse asset classes, global inaccessibility and financial exclusion. 

Phemex

With adoption a matter of when and not if, it has been hailed as the best crypto to invest in. Moreover, at a token price of $0.08 in the fourth round of the ICO, there is more room for growth, making it a more promising alternative than Cardano (ADA) and Toncoin (TON). Poised for a 75x rally post-launch, it is a new DeFi project not to miss out on. 

Cardano (ADA): A Leading Layer-1 Token

Cardano (ADA) is one of the top altcoins for obvious reasons. To begin, its DeFi solutions and services are among the most highly sought-after. Following the Chang hard fork, the Layer-1 token became a governance coin, driving interest. 

While it hasn’t had the best past few weeks, the bulls have been holding strong at least. The Cardano price jumped 3% on the monthly chart, changing hands above $0.34. Another burst of momentum will likely push it above the $0.4 resistance, flipping it into support. 

The coming weeks are poised to be more bullish for Cardano (ADA). With the US election approaching, volatility is anticipated, potentially pushing it to the upside. Moreover, Q4 is historically bullish and ADA is among the best cryptos to invest in. 

Toncoin (TON), also one of the top crypto coins, plays a key role in the Layer-1 ecosystem and the Telegram messaging app. Rising adoption and growing institutional appetite can be linked to its explosive growth this year, outperforming the crypto market. 

In recent news, the TON Foundation, a non-profit organization supporting Toncoin (TON), has selected Axelar’s Mobius Development Stack (MDS) to connect the TON ecosystem with 68 blockchain networks. This integration will enhance the scalability and usability of decentralized apps (dApps) within the TON ecosystem and Web3 interoperability. 

Meanwhile, the Toncoin price is on the upside, trading above $5. Over 35% down from its all-time high of $8.24, it provides a low entry, making it a top crypto to invest in. Moreover, a Toncoin price prediction suggests a yearly close above $10, placing it on the list of altcoins to watch. 

Conclusion

Instead of investing in top altcoins like Cardano (ADA) and Toncoin (TON) with limited upside potential, DTX Exchange (DTX) promises more gains as a new altcoin. Besides, it is on track to reshape the wider trading scene—a promising wave not to miss out on. 

Learn more: 

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