The crypto market remains electrified as we approach the final stretch of 2024, and one name stands out: DTX Exchange (DTX). This revolutionary hybrid platform has made such an impression on investors that this platform is regarded as the #1 token this cycle, backed by a staggering $8.8 million in presale funding.
However, altcoins like Arbitrum (ARB), Dogwifhat (WIF), and Fantom (FTM) could be on the verge of explosive growth. Choosing the right altcoin could be the difference between success and failure. Learn which altcoins rank highest on the December altcoin leaderboards.
DTX Exchange (DTX): Trading Revolution Raises $8.8 Million
DTX Exchange (DTX) is the latest project with the potential to redefine the global trading industry by combining the best of centralized (CEX) and decentralized (DEX) exchanges into one place. DTX enables access to over 120,000 asset classes, such as cryptocurrencies, stocks, and commodities, all on a unified layer for a wallet system built on the Layer-1 blockchain. This is an innovative approach that fuses TradFi and DeFi, making DTX Exchange stand out.
Based on Ethereum and Solana protocols, the DTX token is currently priced at $0.10 during its fifth round, having sold nearly 80% of the tokens available. Once they’ve been sold out, the price will increase to $0.12, marking a 20% for early investors. Having raised $8,800,000 in presale funding already, DTX Exchange is one of the most hyped investments today.
Arbitrum (ARB): Scaling Ethereum with L2 Brilliance
Arbitrum (ARB) has become a cornerstone in the scalability of Ethereum through a Layer 2 architecture. Its main features include increased throughput and lower transaction fees. All the while, DeFi’s total value locked (TVL) grows, with many protocols and dApps leveraging Arbitrum’s robust infrastructure. As the crypto market picks momentum heading into year’s end, Arbitrum is up for a breakout after trading around $0.90 for some time.
Further partnerships with major DeFi platforms and Arbitrum’s growing ecosystem development show strong bullish potential. If Ethereum keeps going up, ARB will hop on the train and, according to analysts, it could hit $2 or more within the next few months. For the long term investor, ARB is an opportunity to continuously generate profits out of Ethereum’s ever increasing market dominance.
Dogwifhat (WIF): Volatility at Its Finest
Dogwifhat (WIF) is not your usual meme coin. Based on the volatile element of memes, WIF is the leading meme coin in the Solana ecosystem and has experienced major fluctuations in price. Reaching a $4 price tag during the bull cycle, Dogwifhaf suffered huge sell offs resulting in a corrected price of $3.06 per WIF token.
Becoming very popular amongst crypto enthusiasts searching for high risk, high reward tokens, Dogwifhat has rewarded some investors heavily, while burning others. WIF is the perfect choice for investors looking to time the market, with its highly volatile nature.
Fantom (FTM): A Scalable Smart Contract Network
Quietly, Fantom has become one of the most efficient Layer 1 blockchain networks that competes with Solana and Ethereum. With its Lachesis consensus mechanism, Stacks is able to guarantee near instant transactions that are significantly less expensive, making Fantom a perfect choice for everything from DeFi and gaming, to NFTs. Since FTM’s inception, the protocol has been attracting its fair share of developers and users thanks to a robust ecosystem.
FTM currently trades at $1.05 but has bounced back hard from previous dips, indicating recovery and faith in the asset from investors. This introduction of ecosystem enhancements like Fantom Virtual Machine (FVM) and the rising adoption of its DeFi protocols can push FTM to breach its $1.50 resistance to target $2 by the end of the year.
Conclusion: Which Altcoin is Poised For 10x Breakout?
For investors looking for reliable and scalable solutions, Fantom (FTM) and Arbitrum (ARB) are the best tokens at the $1 price tag offering solid fundamentals. For more speculative investors, the volatility of Dogwifhat (WIF) has significant potential and an equal chance of falling dramatically.
However topping the December altcoin list is DTX Exchange (DTX), offering a trading platform like no other. Being in presale, DTX has huge potential while combining solid scalable fundamentals, much like Fantom and Arbitrum.
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