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Cryptocurrency News Articles

DTX Exchange (DTX): The Next Big Thing in the Crypto Market?

Sep 06, 2024 at 03:27 pm

DTX Exchange (DTX) is making many headlines in the crypto market. It has already reached Stage 3 in just a few short months while raising over $2.5M

DTX Exchange (DTX): The Next Big Thing in the Crypto Market?

A legendary crypto trader who predicted the rise of Ethereum (ETH) and Tron (TRX) has now set his sights on a new crypto with the potential to soar by 100x in 2024.

While Ethereum and Tron are seeing some interesting developments, with Swiss bank ZKB adding ETH to its digital banking platform and Crypto General remaining bullish for TRX, respectively, another coin that has caught the attention of many is DTX Exchange (DTX).

As reported earlier, ZKB has made people in Switzerland excited by adding Ethereum crypto to its digital banking platform. People can now trade ETH directly from the bank’s eBanking or Mobile banking platforms.

With this development, ETH value dropped by over 5% on the weekly chart. Moreover, it’s trading below its 100-day exponential and simple moving averages.

As a result, market analysts have made a conservative price prediction for the Ethereum crypto. They predict that ETH will trade at $2,700 before October 2024 ends.

On the other hand, Tron (TRX) is another coin that has soared on the charts. The Tron price surged by over 25% on the one-month chart, as reported by CoinMarketCap.

Market analyst Crypto General says that TRX is moving as planned. According to his X post, TRX will retest the $0.14 level and he predicts a potential rise to $0.26 in the short to mid-term.

With IntoTheBlock reporting growth in Tron network activity, this prediction could also come true. Tron’s network activity grew by 7.8% from July to August and processed nearly 230M transactions.

Because of these factors, other experts also foresee a potential surge to $0.20 in October 2024 in their Tron price prediction.

DTX Exchange (DTX) has already reached Stage 3 in just a few short months while raising over $2.5M and potentially reaching $3M before September 30th, 2024. Even big-time crypto influencers like Crypto Infinity see DTX Exchange as the next big thing in the online trading space.

This is because DTX Exchange could become a fan-favorite for millions. It boasts a hybrid trading model combining the best of CEX and DEX. Therefore, people can buy around 120K asset classes like crypto coins, bonds and CFDs at a leverage of 1000x. Fast transaction speeds of 0.04 seconds give it a major advantage over its rivals like Coinbase.

The DTX utility token will fuel this platform. It costs $0.06 in Stage 3 of its presale. However, this price will jump to $0.08 after Stage 4 begins – a 33% return if you buy it now.

The legendary trader predicts that DTX will surge by 100x after a Tier-1 CEX lists it in Q3 of 2024.

The trader who predicted the growth of Ethereum and Tron thinks that DTX Exchange has the same potential. DTX needs less money for its price to rise since it has a smaller market cap. Additionally, this rookie boasts connections to the $133T bonds market, which gives it more stability in volatile environments.

News source:coinpedia.org

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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