With the increase in activity in the crypto market, a new gem is picking up steam. This gem is DTX Exchange (DTX) – one of the year’s hottest presales. It has reached Stage 3 in just a few months, giving early buyers a 200% return. Some Ripple (XRP) and Ethereum holders have even noticed it.
While both crypto coins are seeing some exciting price predictions by CRYPTOWZRD and Yoddha, DTX Exchange is getting more traction. Some analysts even say this rookie may be the next 80x crypto in 2024.
Ripple (XRP): A Potential Rally Incoming
Ripple (XRP) is one of the top cryptos at the moment. According to CoinMarketCap, the Ripple price jumped over 15% on the 1-month chart. Crypto analyst CRYPTOWZRD thinks that this bullish trend will continue. In his X post, he says that XRP is forming a W pattern and a breakout could trigger a rally to $0.65.
The technicals for the Ripple crypto support this statement. XRP trades above its 200-day exponential and simple moving averages with an RSI of 80. These signals show that XRP may see an uptrend.
As a result, other market analysts forecast a potential rise to $0.61 for XRP in September 2024. However, this Ripple price prediction may not satisfy some holders eagerly waiting for a jump to $1.
Ethereum (ETH): Preparing for Something Big
Ethereum (ETH) is another well-known crypto. However, it has seen some volatility, as CoinMarketCap data shows that the price of Ethereum fell over 5% on the weekly chart. Crypto analyst Yoddha says that ETH is cooking up something big right now. In his X post, he says that ETH is now seeing a pullback to a demand area, which could trigger a rally.
With Monochrome applying for a new Ethereum ETF listing in Australia, this rally may come soon. Speaking of which, Monochrome applied to list a new ETH ETF and expects a decision to be made before September ends.
Due to all these factors, experts have made a bullish Ethereum price prediction. They forecast ETH will trade at $2,700 in October 2024.
DTX Exchange (DTX): A Hybrid Trading Model With Huge Potential
Meanwhile, DTX Exchange (DTX) is making headlines in the crypto market with its presale performance. It reached Stage 3 ahead of schedule, raising over $2.5M and potentially hitting $3M before September ends. This performance has not gone unnoticed, as major YouTubers like Crypto Infinity see DTX as the next big thing.
Essentially, DTX Exchange will launch a hybrid trading platform combining CEX and DEX. On this platform, people can buy over 120,000 asset classes, such as bonds, crypto coins and stocks, at a leverage of 1000x. Additionally, DTX Exchange does not conduct sign-up KYC checks, which means privacy for all.
The DTX utility token will power this platform. Those who hold it will get governance voting rights and smaller trading fees. It is now worth only $0.06 in Stage 3 of its presale. But, this price will reach $0.08 after Stage 4 begins. Meanwhile, experts predict another 80x surge after a Tier-1 CEX listing happens in Q3 of 2024.
Why Are Ripple and Ethereum Holders Piling Into DTX Exchange?
While Ripple and Ethereum may see exciting growth soon, DTX Exchange gets the upper hand. It has a smaller market cap than these crypto coins, meaning less new money for its price to surge. Plus, DTX taps into the $133T bonds market, giving it stability in the long run. Thus, many holders are now rushing to the DTX Exchange presale.
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The post Ripple and Ethereum Holders Are Flocking to a New Presale, Which Reached Stage 3 in Just a Few Short Months appeared first on Blockonomi.