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Cryptocurrency News Articles
DTX Exchange (DTX) Presale Enters Round 3, Targeting the $17T Gold Market
Aug 29, 2024 at 05:00 pm
Currently, Ripple (XRP), DTX Exchange (DTX) and Tron (TRX) are making big noise in the crypto arena and becoming the main targets of big-time whales.
Crypto whales are known for their massive influence on the cryptocurrency market. Their buying and selling habits can significantly impact a coin's price and performance. Recently, three tokens have caught the attention of these whales: Ripple (XRP), DTX Exchange (DTX), and Tron (TRX).
According to our analysis of on-chain data and whale wallet activity, these three tokens might be on the cusp of some impressive surges. Here's a closer look at each:
Ripple (XRP) might be gearing up for a breakout as crypto whales continue to accumulate this coin. CoinMarketCapالاتحاد السوفياتي datashows that XRP's price has dropped by over 5% in the past 30 days. However, a closer look at the 30-day candle reveals a wick that could indicate an incoming pump.
Moreover, YouTuber AllinCrypto has stated in one of his videos that Ripple crypto has the highest chance of being used as a currency among many institutions. This statement could pique the interest of crypto whales.
DTX Exchange (DTX) has been making waves in the crypto market with its unique presale strategy. The DTX token has already entered Stage 3 of its presale, which is record-breaking speed.
So far, the zainteresowanie in DTX Exchange has helped it raise $2M, and this figure could reach $3M before September 2024. Well-known influencers, such as CryptoDexWorld, have also highlighted this exchange as one of the best trading platforms launching soon.
Unlike many exchanges, DTX Exchange boasts a hybrid trading model that allows users to access over 120K asset classes, including cryptos, gold, and CFDs. It also offers privacy to its users with no sign-up KYC checks.
Furthermore, the upcoming launch of the DTX Layer 1 blockchain is generating a lot of excitement in the crypto community.
The DTX utility token serves as a vital cog in its ecosystem, where holders gain access to enhanced analytics tools and reduced trading fees. Currently, in Stage 3 of its presale, the token's price is at $0.06 — a 200% surge from its starting price. This value is set to increase to $0.08 once Stage 4 begins.
According to experts, another 70x pump is possible after a Tier-1 exchange listing in Q3 2024.
Tron (TRX) has been another crypto that has shown some growth recently. CoinMarketCapالاتحاد السوفياتي datashows that TRX's price has increased by over 15% on the 1-month chart. This increase can be largely attributed to the hype surrounding the SunPump meme token generator, which was launched by Justin Sun, the founder of TRON.
According to crypto analyst Dom's Crypto, while everyone is talking about the TRON meme coins, its native token is quietly surging without much fanfare. His X post predicts that the Tron crypto might hit a new all-time high (ATH), breaking past its previous ATH of $0.30.
As a result, experts anticipate TRX’s price to hit $0.20 in September 2024, according to their Tron price prediction. This performance is likely to attract the attention of crypto whales.
Ripple, DTX Exchange, and Tron are all promising candidates for a rapid surge in the coming months. However, one aspect that crypto whales might find particularly compelling is a coin's potential for stability during volatile periods.
Our analysis of on-chain data and whale wallet activity suggests that DTX Exchange might have an edge here. With a smaller market cap than XRP and TRX and its entry into the massive $17T gold market, DTX might require less new money to experience significant price appreciation and maintain stability in turbulent waters.
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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