Bitcoin (BTC), the flagship crypto, swung low, plummeting below $60,000 again. Among the top altcoins hit the hardest is Dogecoin (DOGE), the first and leading memecoin. Dwindling interest in memes hasn’t helped either.
To hedge against market shocks and position for significant gains, investors have been betting on these altcoins instead: TRON (TRX) and DTX Exchange (DTX). TRX, August’s best performer and the rave of the moment, sails ahead, while DTX, one of the best ICOs, nears $2.5 million in presale, gearing up to skyrocket.
DTX Exchange (DTX): Latest on Investors’ Radars
DTX Exchange (DTX), the talk of the investment town, has raked in over $2.4 million in funding at the time of writing. This stunning feat puts it ahead of most new ICOs and highlights confidence in its potential—a hybrid exchange protocol aiming to transform the $10 billion global trading market.
Its hybrid Layer-1 platform will integrate traditional financial instruments and digital assets, providing the best of both worlds. Meanwhile, blockchain will effectively transform conventional platforms by guaranteeing speed, security and transparency.
Its imminent adoption makes it a favorite among investors. With the presale one of the year’s best performers, its debut is expected to be explosive, priced at $0.06 in round 3 of the ICO. As it prepares to compete against established players like Dogecoin and TRON, it is a bullish wave to take advantage of.
Dogecoin (DOGE): Loses $0.1 Support
Dogecoin (DOGE) is a popular name in the crypto space due to its pioneering status. Its launch in 2013, despite being a mockery of crypto, was followed by massive adoption, introducing the memecoin narrative.
However, given the crypto market’s volatility, it trades highs and lows. The Dogecoin price is currently on the downside, part of a broader market decline. As Bitcoin fell below $60,000, DOGE plummeted, losing key price levels.
In the past seven days, it tumbled over 3%, losing the $0.1 support. While recovery is imminent, sentiment remains cautious. Nevertheless, a Dogecoin price prediction makes a strong case for a rally past $0.2 before the end of Q3. Good time to buy?
TRON (TRX): Eyes a New Peak
TRON (TRX), a Layer-1 blockchain and a DeFi powerhouse, made headlines last month. Integration of memes into the TRON network via SunPump, a meme launchpad, sparked a rally. It registered an annual peak of $0.17, with plenty of room to run.
The TRON price saw a 20% uptick in the past month, highlighting growing interest. It is expected to build on this momentum in September, making it an altcoin to watch out for. A wider market rally and an overall meme frenzy will be crucial to the next leg of its bull run.
With confidence on the rise, the TRON crypto is tipped to record a new peak in Q4, soaring past $0.3. Institutional investors, as well as retailers, have been betting big, hoping to make the most of this promising wave.
Conclusion
Amid Bitcoin’s and Dogecoin’s decline, investors bet on TRON and DTX Exchange. TRX is set to go on a price discovery before the year’s end, while DTX prepares to shake up the global trading scene. To ride this bullish wave, we recommend becoming an early DTX adopter.
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