In the crypto market, new projects are popping up every day. However, only a few see the level of attention from the community, such as DTX Exchange (DTX). Given that it has already reached Stage 3 of its presale in just a few short months, DTX is now becoming one of the hottest projects in the market.
Demand is so high that some experts say DTX could provide bigger returns than established crypto coins like Toncoin (TON) and Solana (SOL). Since its value has already jumped by 200%, they hint at a potential 60x surge in 2024. Let’s see why.
DTX Exchange (DTX): A Record-Breaking Presale
DTX Exchange (DTX) is making a name for itself in the crypto space. In just a little while, DTX has already raised more than $2M and projections say that this number will reach $3M before this month ends. Even big YouTubers like Crypto Chino have taken notice of it. He told his 250K subscribers that DTX Exchange has the potential to be the ultimate trading platform.
They are saying this because of the hybrid nature of DTX Exchange. Its trading model is a combination of the best CEX and DEX features. Thus, people can buy over 120K asset classes like gold, crypto coins and stocks with 1000x leverage in one place. Plus, this will be done anonymously since DTX Exchange does not do any sign-up KYC checks.
The DTX utility token is the main attraction of its ecosystem. Holding it will bring you smaller trading fees and governance voting rights. It is now worth $0.06 in Stage 3 of its presale – a 200% rise from its start. Another jump to $0.08 is expected once Stage 4 begins. Experts predict a 60x surge after a Tier-1 CEX lists DTX in Q3 of 2024.
Toncoin (TON): New Exciting Binance Announcement
Meanwhile, Toncoin (TON) has seen some new developments. For instance, Binance announced adding Toncoin to its Simple Earn Locked Products. This latest development will allow people to earn up to 5.9% APR rewards during promotion.
This Toncoin news could cause interest in the coin to rise. When it comes to its value, it has been dropping as CoinMarketCap data shows a 15% fall on the 1-month chart. TON is now trading below its 50-day simple and exponential moving averages.
As a result, market analysts foresee the Toncoin crypto trading at $6 before October 2024 ends which is a small jump.
Solana (SOL): A Pump.fun Milestone
Solana (SOL) is another token that has been making headlines. Recently, Ryan Watkins revealed that Pump.fun is the fastest-growing app in revenue. It accomplished this by seeing $100M in revenue in 217 days. Watkins thinks this is a good sign for people to build on Solana.
When it comes to the Solana coin value movement, it has also fallen nearly 15% in the past week alone. SOL is now sitting below its 100-day exponential and simple moving averages.
Because of all this Solana news, experts predict that its value will hit $140 before the end of September 2024.
Why Could DTX Exchange Outperform Toncoin and Solana?
While Toncoin and Solana are seeing some exciting developments, their long-term growth may not match DTX Exchange’s. This is because DTX has a smaller market cap than these crypto coins and is tapping into the $17T gold market. Therefore, those who buy DTX now will see faster returns as it needs less new money for its price to surge.
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