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Cryptocurrency News Articles
Dogecoin (DOGE), DTX Exchange (DTX), and Toncoin (TON): The Best Cryptos to Invest in Right Now
Oct 13, 2024 at 10:30 pm
The crypto space is heating up once more, with South Korea's FSC considering lifting the ban on spot crypto ETFs. Thanks to this event, people are looking
South Korea’s Financial Services Commission (FSC) is considering lifting the ban on spot crypto ETFs, sparking renewed interest in some cryptocurrencies with high growth potential. According to experts, three of the best cryptos to watch in this regard are Dogecoin (DOGE), DTX Exchange (DTX), and Toncoin (TON).
While DOGE and TON are experiencing positive price growth, DTX is emerging as the hottest new ICO. This rookie crypto, which is currently in phase three of its presale, has already managed to raise over $4M and may hit $5M before the month ends. Some experts even suggest that DTX has a 30x potential.
Elon Musk’s involvement is contributing to the hype surrounding Dogecoin (DOGE). Recently, the official Dogecoin X account posted about Musk featuring a Shiba Inu in his new Robotaxi project. Following this news, the Dogecoin price has seen a surge, with CoinMarketCap showing growth of around 8% on the monthly chart.
Dogecoin (DOGE) is trading between $0.10 and $0.11. Additionally, the Dogecoin crypto trades above its 10-day EMA of $0.105 and its 50-day EMA of $0.108. The RSI of this crypto currency also sits at 49, indicating an upward trajectory. These factors have led market analysts to make a bullish Dogecoin price prediction, anticipating a rise to $0.14 before the end of the quarter.
DTX Exchange (DTX) is gaining worldwide attention for its potential to revolutionize online trading. Most trading platforms currently focus on a single asset class. However, the DTX Exchange will allow users to trade over 120K asset classes, ranging from stocks and bonds to cryptocurrencies.
Moreover, the DTX Exchange will bridge the gap between centralized and decentralized exchanges by combining the best features of both. Privacy-conscious traders may find DTX Exchange particularly appealing as it will not require any sign-up KYC checks, which can be intrusive and time-consuming. Additionally, DTX Exchange will offer traders the option to use up to 1000x leverage on all assets, enabling them to maximize their profits while minimizing their risks.
Those interested in supporting this project can now purchase its native token, DTX. This crypto is currently valued at $0.08 in phase three of its presale – a remarkable increase of over 200% from its starting price. However, phase four and a price jump to $0.10 are on the horizon. Experts predict another 30x surge after a Tier-1 crypto exchange lists DTX soon.
Another crypto coin showing promising developments is Toncoin (TON). Notably, Toncoin has announced a new Ledger Live integration. Through Ledger Live’s partnership with Zondax, users can now manage their Toncoin crypto natively in the Ledger Live crypto wallet.
This Toncoin news may spark increased interest in the token. Toncoin (TON) trades between $5.26 and $5.19, showing a 1% decrease over the past month. However, the relative strength index (RSI) for the Toncoin crypto is at 41, indicating an upward trend. This crypto currency is trading above its 9-day Hull moving average of $5.03. Considering these positive signals, experts predict a potential jump to $6 before October ends.
The crypto market is poised for substantial growth, thanks to promising cryptocurrencies like Dogecoin (DOGE), DTX Exchange (DTX), and Toncoin (TON). While all these crypto currencies have the potential to shine, one stands out: DTX Exchange.
This rookie crypto has a smaller market cap compared to the others, promising faster returns for new traders. Furthermore, the DTX Exchange will be connected to massive markets, such as the $133T bonds market, potentially providing it with more stability than its peers. As a result, experts believe DTX is the best crypto investment right now.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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