The final quarter of bullish years is often when investors get the most impressive returns. The rise in bullish momentum as Q4 approaches confirms that we could be in for another remarkable growth in the crypto market.
Based on the analysis of top experts, Chainlink (LINK), DTX Exchange (DTX), and Toncoin (TON) are the best cryptos to buy for 2x gains or more in Q4. Their predictions are further confirmed by the rise in whale activity for these altcoins.
Chainlink (LINK) Bullish Whale Activity Skyrockets 293%
According to data from IntoTheBlock, Chainlink (LINK) has recorded a 293% increase in large transaction volume. The data shows that over $82 million worth of Chanlink coin was tranfered by large whales. The rise in large transaction volume is an indicator of whale activity. With the report coming after the asset manager 21Shares announced that it would use the PoR of the Chainlink network, analysts suggest that these whales could be buying LINK.
The market performance of Chainlink (LINK) has also been staggering. On the weekly timeframe, the Chainlink crypto has increased by more than 17%, recovering back above its crucial $12 support level. The moving averages and oscillators of Chainlink (LINK) are all pointing toward a buy. Crypto analyst Seth has predicted a major price run that could see the altcoin rise to $50 if it breaks above the 200-SMA.
DTX Exchange (DTX) Crosses $2.8 Million As Whales Activity Rises
DTX Exchange (DTX) is another of the top crypto coins that has seen a substantial rise in whale activity. Thanks to their increased buying, the crypto ICO of DTX Exchange has crossed an astonishing $2.8 million. DTX has been one of the crypto sensations because of its high-end technical infrastructure and the new trading opportunities that it brings to crypto traders.
Unlike other popular exchanges, DTX Exchanges offers cryptocurrencies along with forex, stocks, and CFDs to give traders access to a staggering 120,000+ assets. But that’s not all. DTX is also a trailblazer with a state-of-the-art hybrid trading platform that combines the best of centralized and decentralized infrastructures. This means users can easily register on the platform without needing to provide KYC checks.
The DTX Exchange has also created VulcanX to eliminate gas fees so traders can maximize gains. By making its platform easier for traders to use and providing access to assets in the $714.7 trillion OTC derivatives market, top industry experts are tipping DTX to become of of the leading forces in the crypto market. Already, the DTX coin has increased by 200% to hit its current price of $0.06 in its third presale stage. However, DTX has been forecasted to skyrocket by up to 10x in Q4.
Toncoin (TON) Nears Key Level Amidst DEX Growth
The Toncoin network has been one of the most thriving ecosystems in crypto for most of the year. Recently, CryptoQuant reported a significant rise in decentralized exchange (DEX) activity on Toncoin (TON). The report states that the rise in DEX activity is a reflection of the growing investor interest in the Toncoin crypto.
In addition, the Toncoin price has stabilized after a rough few weeks in the market. Toncoin (TON) has now recovered above the 30-SMA ($5.37) and is targeting the 50-SMA ($5.77). Crossing the 50SMA could provide the momentum needed for TON to rally by more than 2x in the coming quarter.
Which is the Best Cryptocurrency To Buy: Chainlink, DTX, or Toncoin?
Based on the current market outlook, the price of Toncoin (TON) could increase by 2x in Q4, while a potential explosive rally could see Chainlink (LINK) yield an ROI of 3x. However, the innovation and new market of DTX Exchange positions it for up to a tenfold increase in Q4, making it the best crypto to buy now.
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