The much-anticipated market bounce unfolds as Bitcoin (BTC) crosses $65,000, racing towards $70,000. With sentiment bullish and euphoric, investors have been doubling down on this novel project at the crossroads between TradFi and DeFi, DTX Exchange (DTX). The presale crossed $4.8 million amid huge interest, suggesting trust and confidence.
Its significant upside potential is another driver behind the massive presale participation. On track to outperform top altcoins like Ripple (XRP) and TRON (TRX), given its novelty, DTX is arguably the best new crypto to invest in.
DTX Exchange (DTX): Outpacing Popular Altcoins
DTX Exchange (DTX) has been one of the stars this week, stealing the spotlight. It crossed the $4.8M goal stirring excitement within its rapidly expanding community. As it approaches its listing date after entering the fourth ICO round, it is a new DeFi project worth betting on.
Heavily discounted, a token is priced at $0.08, driving huge demand. This low price indicates more room for growth, tipped for a 50x rally after listing on Tier-1 exchanges. As it sails towards adoption, it has been hailed as a more compelling alternative to Ripple (XRP) and TRON (TRX).
Also stirring much buzz is its imminent transformation of the $3.2 billion global trading market. Unlike conventional trading platforms, it has a proprietary hybrid Layer-1 blockchain that integrates traditional financial instruments with Web3 products. Besides allowing the trading of over 120,000 asset classes, it will combine the best elements of CEX and DEX, setting it up for massive adoption.
Ripple (XRP): Potential Monthly Close Above $0.7
Ripple (XRP), a payment-based cryptocurrency, is among the top crypto coins. The top-10 cryptocurrency and payment protocol assists with cross-border transactions, contributing to the actual demand for the XRP coin.
Its real-world application also makes it a favorite among institutions. However, as its legal tussle with the US SEC resumed after the regulator filed for an appeal earlier this week, interest nosedived. While this sparked an initial selloff, Ripple (XRP) has regained momentum.
Reflecting current market conditions, the XRP price soared over 3% in the past 24 hours, retailing at $0.54. The coming days might be followed by more gains, with XRP one of the altcoins to watch out for. On track for a monthly close above $0.7, it is among the best cryptos to invest in.
TRON (TRX): Primed for a New ATH?
TRON (TRX) has been one of the standout performers in the year’s second half. The Layer-1 token registered a year high of $0.166 in April, driven by the hype around TRX memes. While there has been a slight decline since then, it is on track for further gains.
Following the recent market bounce, the TRON price gained 2% on the weekly charts. It changes hands at $0.16, with analysts forecasting a jump above $0.25 before the year’s end. This TRON price prediction has been stirring up quite a buzz and sparking demand.
Moreover, another meme craze could push TRON (TRX) into a period of rallying—a parabolic run. A new ATH isn’t out of the question (surpassing the current all-time high of $0.3). With substantial room for growth at its current price, TRON is a promising wave not to miss out on—a good crypto to buy.
Conclusion
After crossing the $4.8 million funding goal and entering the fourth ICO stage, DTX Exchange (DTX) is on track for an explosive debut. Its 50x upside potential will likely outperform Ripple (XRP) and TRON (TRX), making it a top pick for huge gains.
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The post Christmas Came Early for DTX Exchange as it Soared Past $4.8 Million; Experts Say its 50X Upside Potential Will Outpace Ripple (XRP) and TRON (TRX) appeared first on Blockonomi.