In the current crypto arena, one project that stands out is DTX Exchange (DTX), a new Stage 2 presale star. It has already raised over $1.4M and is on pace to reach $2M before August 31, 2024. People are flocking to this presale, as a well-known crypto insider says that this rookie may be the next $1 crypto this year.
Meanwhile, Tron (TRX) and Ripple (XRP) have not yet reached this level. Although some experts are confident about their growth potential, a $1 valuation for them may be hard to come by. As a result, more people are focusing on DTX instead.
DTX Exchange (DTX): A Next-Gen Online Trading Platform
DTX Exchange (DTX) is making a name for itself in the crypto market. Its ongoing presale performance is fantastic, giving early buyers a 100% return. This has not gone unnoticed, as big-time crypto influencers like CryptoDexWorld have mentioned it. In his YouTube video, he says that DTX Exchange has the potential to become the best trading platform.
Unlike most exchanges today, DTX Exchange has a hybrid trading model that combines the best of CEX and DEX. With this model, people can buy over 120K asset classes, such as gold, commodities and cryptos. Fast transaction speeds of 0.04 seconds could make DTX Exchange a fan-favorite for millions.
The DTX utility token is the fuel behind this project. Holding it will give you lower trading fees and governance voting rights. It now costs $0.04 as it is in Stage 2 of its presale – a 100% rise from its starting price. But this price will reach $0.06 when Stage 3 goes live. Demand is so high that experts predict a jump to $1 once DTX hits Tier-1 exchanges in Q3 of 2024.
Tron (TRX): May Rise Soon
Tron (TRX) is another coin with some good price movement. In the past 12 months, the Tron price jumped over 95%, according to CoinMarketCap statistics. Crypto analyst Johnny also made a bold statement. In his X article, Johnny says that TRX is now breaking out to multi-year highs thanks to Tron memes and the Sunpump.
Not only that, but the Tron crypto is now sitting above its 50-day exponential moving average and simple moving averages. Its RSI has a value of 74 as well—a good sign. This means that TRX now has bullish momentum.
Because of all these factors, market analysts predict a rise to $0.20 in September 2024 in their Tron price prediction.
Ripple (XRP): A Breakout Is Coming
Meanwhile, Ripple (XRP) has also captured some attention. CoinMarketCap stats show that the Ripple price increased over 10% on the YTD chart. Market analyst CRYPTOWZRD says that a new rally will come for XRP. In his X article, he claims that a breakout is on the horizon for Ripple and the next attempt at $0.65 will cause a rally.
The Ripple crypto also has a MACD level of 0.00701 in its buy zone. Plus, it now sits above its 200-day exponential and simple moving averages. Experts note all these signals when making their forecasts.
In their Ripple price prediction, they predict that this crypto will reach a value of $0.65 in October 2024.
Can DTX Exchange Reach $1 Faster Than Tron and Ripple?
Tron and Ripple have already made their mark in the crypto market. But DTX Exchange is now making a name for itself and might reach $1 faster than them. DTX has a smaller market cap and ties to successful financial markets like the $133T bonds. With these perks, DTX needs less new money for its price to soar to $1.
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