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Cryptocurrency News Articles
DTX Exchange (DTX) May Top the Best Altcoin List
Oct 14, 2024 at 06:00 am
The crypto market is poised to grow as the UAE announced it would remove crypto transaction taxes. These thrilling developments have made interest in this space skyrocket.
The crypto market is showing signs of growth, especially with the UAE announcing the removal of crypto transaction taxes. This exciting development has sparked a surge in interest in the space, and everyone is now focusing on a new phase three presale star – DTX Exchange (DTX). Those who purchased this new altcoin early have already experienced a 200% return, and experts are十分optimistic about its future, predicting that it will be the next $1 altcoin in 2025.
This price prediction suggests that this rookie may even outpace top altcoins like Ripple (XRP) and Tron (TRX). While both XRP and TRX are currently experiencing positive price movements and optimism, they have yet to hit the $1 mark.
DTX Exchange (DTX) is making a name for itself in the crypto world. It has already managed to raise over $4M in its presale and is expected to hit $5M before the month ends. The high interest in this project stems from people noticing that DTX Exchange could tap into markets like the $17T gold one.
DTX Exchange will be introducing a hybrid trading platform that combines the best aspects of both CEX and DEX. This will allow users to access over 120K asset classes, including FX, commodities, crypto currencies, and more, all while remaining anonymous as DTX Exchange will not be performing any sign-up KYC checks. In an era marked by frequent data leaks, this feature gives DTX Exchange an edge over other platforms.
The DTX utility token will be at the heart of its ecosystem. Holding it will grant users access to governance voting rights, reduced trading fees, and other benefits. DTX is currently priced at $0.08 in phase four of its presale, marking a 200% increase from its starting price. However, the altcoin price will rise to $0.10 once phase four begins. Experts predict another 20x surge after a Tier-1 CEX lists this altcoin before the quarter ends.
Tron (TRX) is another altcoin that has been on the radar recently. Following some interesting developments, Liberland has revealed that Justin Sun has been elected as its Prime Minister. This is significant because Liberland is a micronation with an entire economic sector based on cryptocurrencies.
In other Tron news, its value has increased by almost 5% on the monthly charts. Tron (TRX) is trading between $0.152 and $0.159. Additionally, the Tron coin is positioned above its 20-day EMA of $0.1557 and its 100-day EMA of $0.144. Taking all these factors into account, market analysts remain optimistic about this altcoin. Their predictions suggest a potential rise to $0.17 for Tron before October comes to an end.
Another altcoin making headlines is Ripple (XRP). According to James K. Filan, Ripple has filed a cross-appeal of Judge Torres’s Judgment. This move comes in response to the SEC filing its appeal in the Ripple case in early October. It remains to be seen what the SEC is attempting to appeal, but this information will be emerging shortly.
Meanwhile, the value of Ripple (XRP) has been on the rise. The Ripple crypto experienced a price increase of 3% in the past week alone. This altcoin is now trading between $0.52 and $0.53. Experts in the crypto space are also bullish on XRP, predicting that it may trade at $0.58 as there is not much resistance to that point.
Tron (TRX) and Ripple (XRP) are both altcoins to watch, especially with some exciting developments leading to price growth potential. However, DTX Exchange (DTX) has some advantages over both. For example, it has a smaller market cap compared to TRX and XRP, making it easier to move upward as DTX needs less new money. As a result, experts predict that DTX may soar to $1 first, possibly by 2025.
Disclaimer:info@kdj.com
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