As Q4 unfolds, appetites for more promising cryptocurrencies grow. At the same time, retailers are making their way back, especially those seeking life-changing gains. Among the several options, one stands out: DTX Exchange (DTX).
This emerging cryptocurrency boasts a staggering 100x upside potential, outclassing top altcoins like Ripple (XRP) and Cardano (ADA). Hailed as the best crypto to invest in by analysts, its ascent will be fueled by its novelty as a hybrid exchange platform.
DTX Exchange (DTX): A New DeFi Project to Bet on For 100X Gain
DTX Exchange (DTX) is an emerging cryptocurrency teeming with potential. It isn’t surprising that the presale has been selling out fast—over $3.5 million has been raised in early funding. Also driving demand is its hybrid exchange protocol, the first to integrate conventional financial instruments with Web3 products.
Its proprietary unified blockchain, VulcanX, will bridge the gap between TradFi and DeFi. This unique approach will allow retailers to trade thousands of assets across stocks, bonds, ETFs, forex, commodities and cryptocurrencies. Further, to ensure financial inclusion and global accessibility, it will employ wallet-based trading—there will be no reliance on traditional bank accounts.
The above is a sneak peek at how it intends to transform the $3.2 billion global trading market and compete against top cryptos like Ripple (XRP) and Cardano (ADA). Meanwhile, in the 3rd round of the ICO, a token costs $0.06 and is tipped to skyrocket post-launch. Hailed as the best crypto to invest in by experts, it is on track for a 100x upswing after its debut.
Ripple (XRP): Geopolitical Tension in the Middle East Spark Sell-Off
Ripple (XRP) is an industry leader at the intersection of traditional and decentralized finance. The payment-based cryptocurrency assists with cross-border transactions and has been adopted by several payment companies.
As one of the top crypto coins, Ripple (XRP) is constantly on the radars of retailers and institutional investors. The recent launch of the Grayscale XRP Trust offers even more institutional exposure to the payment-based crypto.
In the crypto market today, the XRP price is in the red. It tumbled over 10% on the daily charts, exchanging hands at $0.53. There has also been a 7% slump in the past 7 days, suggesting declining interest. Also behind its bearish woes is geopolitical tension in the Middle East, although it is still a good crypto to buy.
Cardano (ADA): Poised for a Comeback
Cardano (ADA), a Layer-1 token, wasn’t exempt from the latest market downturn. It tumbled as Bitcoin (BTC) retested $60,000, losing key price levels. While a comeback is around the corner, fear and uncertainty linger.
Trading in tandem with the wider crypto market, the Cardano price slumped 9% on the weekly charts. It trades at $0.34, maintaining key support—a silver lining is its price attractiveness. With this likely the last discount before the next leg of the market’s bull run, Cardano (ADA) is one of the best coins to invest in.
A Cardano price prediction is optimistic about a comeback and upswing above $0.5 in the coming days, making it an altcoin to watch out for. Meanwhile, its outlook for the rest of the year is promising: a rally above $1.
Conclusion
The significant upside potential of DTX Exchange (DTX) dwarfs Ripple (XRP) and Cardano (ADA), making it one of the best cryptos to invest in this quarter. As it sails toward adoption thanks to its hybrid approach to trading, it is an altcoin worth backing in the upcoming bull run.
Learn more: