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Cryptocurrency News Articles

DTX Exchange Seen as a Rising Star With 500% Gains So Far

Dec 25, 2024 at 12:33 am

Looking for the next big thing in cryptocurrency amid the downward trend of Cardano and Ethereum? Discover the underdog token with 800% growth potential.

DTX Exchange Seen as a Rising Star With 500% Gains So Far

The crypto market has been volatile of late, with some tokens seeing massive gains while others struggle. In this environment, DTX Exchange (DTX) has emerged as a rising star with 500% gains so far.

As cryptocurrencies like Cardano (ADA) and Ethereum (ETH) saw price drops in recent times, many investors have been searching for more options. Among the new tokens to hit the market, DTX Exchange has shown some impressive growth.

The exchange token is currently in phase six of its presale, and early buyers have already seen over 500% returns. This growth has attracted attention, with some even predicting a potential 800% surge for DTX by 2025.

DTX Exchange is seeing huge demand, with over 300k users joining the platform and helping raise over $10m in its presale so far. This demand is largely due to the exchange's ties to the $133t bonds market.

Moreover, a recent CoinMarketCap listing may increase demand for DTX as millions of new traders could set their sights on it. This could lead to another wave of price increases for early buyers.

Coinvo: The price of Cardano will breakout soon

Cardano is among the top 10 altcoins but has seen some red price charts. CoinMarketCap shows that its value dropped from around $1.10 to nearly $0.90 in the past month alone.

This is over a 15% fall in just a few weeks for this altcoin, per CoinMarketCap. However, crypto analyst Coinvo excited traders with his Cardano price prediction.

In a recent X post, he told his followers that a breakout for this token is coming soon. He predicts that Cardano could soar to $1.40 once this bullish trend starts.

Although this coin could see some good price gains, other experts are more conservative. Since the Cardano market cap now sits at around $31b, it could hinder its growth as it needs a lot of new money for its price to rise. Coins like DTX Exchange will not face this issue.

Coinvo also highlighted DTX in his posts, and some traders are now shifting their attention to this new token instead. With the platform set to launch in Q1 of 2025, many traders are buying DTX in bulk now.

It currently costs just $0.12 in phase six of its presale, but phase seven will see this price rise to $0.14. Furthermore, a Tier-1 CEX listing will bring this price to $0.20, making this one of the best cryptos for early buyers to consider.

Crypto King: Ethereum price is bound to go up

Another one of the top crypto coins that saw some turbulence is Ethereum. On the one-week chart, the price of Ethereum fell nearly 15%, as per CoinMarketCap.

Its value moved between nearly $4,000 and around $3,300. Nevertheless, market expert Crypto King remains optimistic about Ethereum.

According to his X post, this altcoin is far from over. He thinks that a $5,000 price could come soon. This Ethereum price prediction has brought more confidence to traders.

Even though the Ethereum crypto may rebound soon, experts are mentioning some advantages of the DTX Exchange. For instance, the Ethereum blockchain now processes around 12-15 TPS.

Meanwhile, DTX boasts over 100k, this could make it a fan-favorite among traders. Moreover, its exchange will also feature stocks, bonds, and other assets for a total of over 120k asset classes.

This huge variety of assets and high TPS could drive traders toward DTX instead of ETH. Moreover, early buyers could also benefit from its potential price rise.

News source:crypto.news

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