With the year quickly coming to a close, the final quarter is set to be the most bullish. While top altcoins like Ripple (XRP) and Toncoin (TON) are poised to skyrocket, new tokens aren’t shying away from competition either.
DTX Exchange (DTX), a novel hybrid exchange protocol, is set for massive adoption, eyeing XRP and TON’s spots. Its intersection with DeFi and TradFi, not to mention its blend of the best features of DEX and CEX, puts it in contention for 2024’s best crypto investment.
DTX Exchange (DTX): Challenging the Dominance of Top Cryptos
DTX Exchange (DTX), a wild card during this bull run, is a must-have. The altcoin is in round 3 of the presale and at its current price, it is heavily discounted—one of the best cryptos to invest in.
The ICO is one of the most promising, recently crossing $3.5 million in funding, signifying trust and confidence in its potential ahead of most new ICOs. In the current round, a token costs only $0.06 and is set to outclass Ripple (XRP) and Toncoin (TON), given its 1,000x upside potential.
Beyond the gains, it is poised to reshape the $3.2 billion global trading market. Unlike conventional trading platforms, it will bridge the gap between traditional and decentralized finance via a one-stop platform for diverse assets. Other standout features that set it up for adoption include enhanced liquidity, non-custodial storage and wallet-based trading.
Ripple (XRP): 9% Uptick in the Past 30 Days
Ripple (XRP), the utility token that powers the XRP Ledger (XRPL), is one of the top crypto coins. The protocol facilitates cross-border transactions and payments and is widely adopted thanks to its low cost, speed and scalability.
As excitement cooled, the XRP price swung low. It hovers above $0.6, with a 6% change on the daily charts. However, it is on the upside in longer timeframes: a 6% jump in the past 30 days. Ripple (XRP) also maintains its leading status as a top 10 cryptocurrency.
With plenty of room for growth, an XRP price prediction hints at a notable gain before the year’s end, perhaps registering a new peak. It is set to soar above $2 in the coming weeks and next on its list is flipping the $1 resistance—an altcoin to watch out for.
Toncoin (TON): Tipped for a Rally Above $10
Toncoin (TON), the Telegram-based cryptocurrency, is one of the best altcoins. The buzz around Telegram mini-apps has been a bullish catalyst, driving it to an all-time high in June—a jump above $8.2.
While there has been a 30% decline since then, its outlook is promising, with investors gobbling up the dip. The Toncoin price is up 4.5% in the last 30 days, shaking off FUD from the arrest and indictment of Telegram CEO Pavel Durov.
At the same time, its outlook for the rest of the year is promising. Toncoin (TON) is tipped to hit $10 in the coming weeks—one of the best coins to invest in at the current price. To ride Q4’s bullish wave, TON is a horse worth betting on.
Conclusion
The novel hybrid exchange protocol DTX Exchange (DTX) is set to challenge the dominance of Ripple (XRP) and Toncoin (TON). Besides its significant upside potential, its unique approach to trading sets it up for massive adoption—a new DeFi project worth keeping on the radar.
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