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Cryptocurrency News Articles
DTX Exchange (DTX): Can This New DeFi Token Outshine Toncoin (TON) and Ripple (XRP) by December?
Nov 22, 2024 at 06:00 am
The bull market gains momentum: Bitcoin (BTC) nears $100,000 and altcoins skyrocket. With attention gradually shifting to the altcoin market
The bull market is gaining momentum, with Bitcoin (BTC) approaching $100,000 and altcoins skyrocketing. As attention gradually shifts to the altcoin market, experts’ 2025 Ripple (XRP) predictions are bullish. At the same time, Toncoin (TON) is regaining momentum, aiming for a complete breakout and price discovery.
Also in the spotlight is DTX Exchange (DTX), a new DeFi token. This new player stands at the crossroads between traditional and decentralized finance, driving huge interest—over $8.2 million has been raised in funding. As it approaches its debut, it is touted as the best new crypto to invest in.
DTX Exchange (DTX): 35X Gain by December?
DTX Exchange (DTX) soars high in the presale world and might be one of this year’s breakout stars. Its innovative blend of DeFi and TradFi—a bridge between these two worlds—is one of its biggest appeals. On track to reshape the $10 billion global trading market through a hybrid approach, it is set for massive growth.
Taking a different approach, it will combine the best elements of CEX and DEX—a hybrid trading platform. Some of its key features will include wallet-based trading and non-custodial storage of assets. Equally important, users can trade diverse assets across stocks, ETFs, forex, commodities and cryptos.
The presale is in the fifth round after raising over $8.2 million in funding. Heavily discounted, a token costs only $0.10 and has been pre-listed on CoinMarketCap. Tipped for a 35x upswing by December, it is a new DeFi project to bet on—perhaps more compelling than Toncoin (TON) and Ripple (XRP).
Ripple (XRP): Experts Share Positive 2025 Price Outlooks
Ripple (XRP), a popular payment-based cryptocurrency, is one of the top altcoins. Rising above FUDs from the ongoing legal tussle against the US SEC, it skyrocketed in value. The XRP price soared over 100% in the past month and 60% on the weekly chart, trading above $1.10.
It breached this level after consolidating below $0.75 for months. On track for further gains, technical indicators like the 14-day RSI, 10-EMA and 10-SMA are buy signals. It is tipped to end the year comfortably above $1; its outlook next year is even more promising.
Crypto analyst Jeff2ne1 has $15 to $20 as their 2025 XRP price prediction. Meanwhile, Tra_Loe has a more optimistic outlook, suggesting FOMO after crossing its ATH and a parabolic run in 2025 amid growing use cases. Their 2025 Ripple (XRP) price prediction is between $50 and $200.
Toncoin (TON) Prepares for a Breakout
The Telegram-based Toncoin (TON) is among the top crypto coins. It gradually regained momentum after August’s fall, aiming for a complete breakout above June’s all-time high ($8.24). The Toncoin price hovers around $5.4, offering a low entry for new investors.
As a comeback unfolds, Toncoin (TON) is among the best cryptos to invest in. The coin price trading above the 50-EMA ($5.27) and 50-SMA ($5.16) hints at future upswings. Experts’ bullish forecasts further represent a vote of confidence in its potential.
Jonathan Carter, a crypto analyst, reports the formation of a second bullish pennant on a 3-day chart, potentially hitting $6.10, $8 and $10 targets. Meanwhile, Pav suggests a Toncoin rally above $6 after rising from a monthly low of $4.5.
Can DTX Exchange (DTX) Outshine Toncoin (TON) and Ripple (XRP)?
As a low-cap gem, DTX Exchange (DTX) has more upside potential than top coins like Toncoin (TON) and Ripple (XRP). Further, its unique approach to trading will set it up for adoption and growth. As its launch date approaches, it is a promising wave not to miss.
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