Finding the right token isn’t enough; conviction matters too. DTX Exchange (DTX), the latest investor favorite, is an emerging cryptocurrency in the third presale round. A cabbie made huge gains by participating in presale, highlighting how crypto favors early adopters.
It crossed the $3.5 million fundraising milestone this week, defying broader bearish trends and outperforming the wider crypto market. With Ripple (XRP) and TRON (TRX) doing catch-up, it is positioned as the best crypto to invest in.
DTX Exchange (DTX): Innovation and Growth
DTX Exchange (DTX) took a significant stride towards its launch after hitting the $3.5 million fundraising milestone. Currently head and shoulders above most new ICOs, it has been rightfully hailed as this year’s best presale and its debut is one of the most anticipated.
The ICO is in its third round, with early investors already up by huge figures. A token costs $0.06 but will jump to $0.08 in the next round, a 33% increase. Meanwhile, at the estimated listing price of $0.20, any investment now will yield 233% ROIs, explaining rising interest.
Besides the huge presale gains, analysts are confident it will perform even better in the long term post-launch. Further, as a hybrid exchange protocol, it aims to transform the $3.2 billion global trading market by allowing retail traders to trade thousands of assets. Unlike conventional exchanges, token holders can contribute to decision-making processes, making it a new contender against Ripple (XRP) and TRON (TRX).
Ripple (XRP): 10% Downturn
Ripple (XRP), a payment-based altcoin, was one of the tokens hit the hardest as the crypto market plummeted. It might be “Uptober,” but the only thing up is uncertainty. On the bright side, this might be the last dip—a huge discount—before the market goes parabolic.
In just the past 24 hours, the XRP price is down by over 10%, retailing at $0.53. This bearish trend extends into the weekly timeframe: a 7% slump. Geopolitical tension in the Middle East between Iran and Israel is behind this Ripple (XRP) downturn.
However, top analysts are optimistic about a bullish reversal. Bitcoin (BTC) reclaiming $65,000 will boost confidence, sparking demand for XRP and pushing it above bearish zones. A key level to watch out for is the weekly high of $0.66.
TRON (TRX): Anticipated Upswing Above $0.5
TRON (TRX), a Layer-1 token, ranks high on the altcoin list. It is a top-10 cryptocurrency by market cap and the network is widely embraced, thanks to its low transaction fees. The recent launch of SunPump, a memepad, was the catalyst behind its last run.
In August, the TRON price hit an annual peak of $0.166, spurred by the buzz around TRX memes. It is up 75% on the yearly charts, making it one of the biggest winners. As Q4 unfolds, bullish forecasts have been flying around for TRON (TRX)—one of the altcoins to watch out for.
Industry experts believe it is due for another all-time high. The last peak price was registered in 2018: a rally above $0.3. Since then, there has been almost a 50% downturn, but its fortune is expected to change in this halving year. A TRON price prediction hints at a rally above $0.5 before the year’s end, making it one of the best coins to invest in.
Conclusion
Given the significant growth prospects of DTX Exchange (DTX) during presale and after its launch, it is a more compelling alternative to Ripple (XRP) and TRON (TRX). Its novelty as a hybrid exchange platform makes it a promising wave not to miss out on.
Learn more:
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