As the crypto market picks up traction again with PayPal partnering with ENS, traders are on the hunt for the next big thing. Recently, the holders of Ethereum (ETH) and Toncoin (TON) were intrigued by a new project: DTX Exchange (DTX). This presale star has reached Stage 3 in just a few short months, rising by 200% so far.
While Ethereum (ETH) and Toncoin (TON) are seeing some good price predictions by Gerlaenco and Gem Hunter, DTX Exchange (DTX) is making the most noise. Let’s see why.
Ethereum (ETH): Analyst Remains Confident
Recently, crypto analyst Gerlaenco made a bold Ethereum (ETH) statement. According to his X post, Ethereum (ETH) will soar to $8,000 soon. People are still bullish about this top 10 crypto coin.
The Ethereum price movement fell nearly 5% on the one-week chart. This drop can be attributed to the lackluster performance of the ETH ETF. In fact, VanEck shuttered its ETH ETF after the ETH ETP was approved.
As a result, market analysts have made a conservative Ethereum price prediction. They forecast this crypto will trade at $2,500 before October 2024 ends.
Toncoin (TON): Holding Strong
Toncoin (TON) is another crypto that has faced some turbulence. CoinMarketCap data shows that the price of Toncoin (TON) fell nearly 20% on the monthly chart but increased around 15% in the past week alone. Crypto analyst Gem Hunter says that TON looks amazing as it saw a rebound to the $5 level.
The technicals for the Toncoin crypto are also showing buy signals. Toncoin (TON) is trading above its 10-day EMAs while its MACD level sits at 0.30, which is the buy zone. Because of these signals, other experts foresee a rise to $6 in their Toncoin price prediction.
DTX Exchange (DTX): L1 Blockchain Launch Makes Headlines
DTX Exchange (DTX) made waves in the crypto market with its L1 blockchain launch. This blockchain will serve as the foundation for its one-of-a-kind trading platform. Prominent YouTubers like Crypto Legends say that DTX Exchange could rule online trading.
This is because DTX Exchange will combine the best of DEX and CEX into one. Thus, people can buy over 120K asset classes like crypto coins, gold and CFDs at a 1000x leverage. Furthermore, DTX Exchange will focus on privacy as it does not need any sign-up KYC checks. This could make it a fan-favorite for millions of traders who want privacy.
Traders are turning to the DTX Exchange presale, which has reached Stage 3 in just a few short months. It has raised over $2.5M and could potentially reach $3M before September ends. The DTX utility token is now worth $0.06, a 200% rise from its starting price. However, this price will reach $0.08 after Stage 4 begins. Experts predict a potential 90x surge after a Tier-1 CEX lists DTX in Q3 of 2024.
Why Are Ethereum (ETH) and Toncoin (TON) Holders Turning to DTX Exchange (DTX)
While Ethereum (ETH) and Toncoin (TON) may see some growth soon, their long-term potential may not match DTX Exchange (DTX). This rookie has a smaller market cap than these crypto coins and boasts ties to the rising $17T gold market. Because of these perks, those who buy DTX now could see faster growth in the long run as it needs less new money to surge.
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