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Cryptocurrency News Articles
DTX Exchange, Cardano, and TRON Positioned as Top Picks in the Race to $1 as “Uptober” Nears
Sep 25, 2024 at 08:00 pm
October, popularly called “Uptober” in the crypto scene, is just days away. With this set to be the start of the anticipated bull run
October, known as “Uptober” in the crypto world, is just around the corner. As Q4 has historically seen an uptrend, experts are making bold predictions for this period.
In the race to hit $1, Cardano (ADA) and TRON (TRX) have emerged as top picks. However, one surprising addition to the list is DTX Exchange (DTX), an emerging altcoin at the intersection of traditional and decentralized finance.
DTX Exchange is a novel hybrid exchange platform that combines key elements of both centralized and decentralized exchanges. Striking a balance between the critical challenges faced by both trading types, it offers an intuitive user experience while maintaining the security and privacy benefits of decentralization.
In addition to its hybrid model, other key aspects of the protocol include smart contracts, an on-chain order book and distributed liquidity pools. While smart contracts facilitate secure and automated transactions, an on-chain order book maintains a transparent record of all buy and sell orders, boosting transparency.
As it stands to transform the $3.2 billion global trading market, experts are rightfully hailing DTX as the best new crypto to invest in. In round 3 of the presale, a token costs $0.06, leaving plenty of room to run as it sails toward $1 after listing. Tipped to reach this mark earlier than Cardano and TRON, keep an eye out for DTX, a new DeFi project to watch out for.
Cardano, a leading decentralized finance (DeFi) solution and service, is among the top 15 cryptocurrencies by market capitalization. On the altcoin list, it ranks high, boasting significant market dominance. Its unique offerings center around a platform for decentralized applications (dApps).
The recent Chang hard fork introduced on-chain governance into the Cardano network. Amid rising sentiment, the ADA price is up, reflecting broader bullish trends. There have been 9% upswings in the past 7 days, trading above the $0.36 mark.
Meanwhile, a Cardano price prediction hints at further upswings before the year’s end. The current Cardano all time high (ATH) is $3.1 and experts predict a jump past $1 in the coming months. With more room for growth, it is one of the best cryptos to invest in.
TRON, another Layer-1 cryptocurrency, is set to register a new peak before the curtain closes on the year. It has been one of the biggest highlights in the year’s third quarter, fueled by the rise of TRON memes.
The emergence of TRON-based memes caught many off guard but sparked excitement among enthusiasts. These memecoins are among the trending crypto projects, hot on the heels of Ethereum and Solana memecoins. Another exciting development is the total number of accounts on the TRON network exceeding 260 million.
Given the above, the TRON price is on track to hit $1 this year. The current ATH is $0.3, registered in 2017, approximately 7 years ago. However, with another full-blown bull market on the horizon, more bullish considering it is a halving year, TRX is among the best coins to invest in.
In the race to hit $1, DTX Exchange, an emerging altcoin with no bull market history, has been tipped to outpace Cardano and TRON. Its impending transformation of the crypto trading scene and its blend of DeFi and TradFi paint a bullish picture.
To learn more about DTX, visit the presale website, the official DTX website and join the DTX community.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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