Lately, Ripple (XRP) and Toncoin (TON) holders have been jumping ship to a new presale star – DTX Exchange (DTX). This movement has caused shock waves in the crypto market as the presale reached Stage 3 faster than expected. Those who bought this rookie early on are now enjoying a 200% return – a big achievement in a short time.
Even some analysts think that DTX has the potential to surge by 100x in 2024. Keep reading to find out why.
Ripple (XRP): Trading in the Red
Ripple (XRP) has been falling on the price charts recently. According to CoinMarketCap, the Ripple price fell nearly 5% in the past 30 days alone. Nevertheless, crypto analyst Mikybull made a bold statement. In his X post, Mikybull says that the XRP volatility has dropped below its 2017 level, which means a breakout could come.
From a technical perspective, the future of the Ripple crypto appears bright. XRP is above its 50-day exponential and simple moving averages.
Thanks to all these bullish factors, market analysts remain confident in Ripple’s growth. In their Ripple price prediction, they foresee a rise to $0.63 by September 2024.
Toncoin (TON): Price Continues Dropping
Toncoin (TON) is experiencing the same troubles. After news broke of Telegram CEO Pavel Durov being arrested in France, the Toncoin price saw a downturn. CoinMarketCap stats show that TON’s value dropped over 15% on the one-month chart. But crypto analyst Kaleo remains bullish on this coin.
According to his X post, Kaleo is somewhat bullish on downtime on major L1s. He mentioned SOL in the previous cycle as an example.
Due to all these reasons, experts have made a conservative Toncoin price prediction. They predict the Toncoin crypto will trade at $6 before October 2024 ends.
DTX Exchange (DTX): Leading Presales
DTX Exchange (DTX) is a presale star making headlines in the crypto arena. It reached Stage 3 way faster than people thought. Demand for it is so high that it has raised over $2M so far and is on track to reach $3M before September 2024 ends. Influencers like Crypto Royal see it as a game-changer in online trading.
DTX Exchange is an upcoming hybrid exchange that will launch very soon. It combines the best CEX and DEX features into one. Thus, people can buy over 120K asset classes like bonds, FX, and cryptos at a leverage of 1000x. Plus, it brings privacy for all, as no sign-up KYC checks are done.
The DTX utility token will be the fuel behind this platform. Those who hold it will get many perks, like better analytics tools and smaller trading fees. It now costs $0.06 in Stage 3 of its presale. But this value will jump to $0.08 after Stage 4 begins – a 33% return if you buy it now. Experts predict another 100x surge after a Tier-1 CEX lists DTX in Q3 of 2024.
Why Are Ripple and Toncoin Holders Jumping Ship to DTX Exchange?
As Ripple and Toncoin experience ups and downs, it is clear that some of their holders are moving to the DTX Exchange. This is because DTX has a smaller market cap than these crypto coins while boasting ties to many trillion-dollar markets, like the $1.4T FX one. In other words, DTX can bring faster returns as it needs less money.
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