October has always been interesting in the crypto market. It is usually the month that many crypto coins start gaining traction. This October, or "Uptober," many analysts are suggesting three cryptos that could perform well: Cardano (ADA), DTX Exchange (DTX), and Toncoin (TON).
While ADA and TON have been top crypto coins for quite some time, DTX is also making a name for itself. This phase four presale star has already raised over $5M and may hit $5.5M before this week ends. Additionally, some analysts think this crypto coin has 20x potential.
Dan Gambardello Makes a Bullish Cardano (ADA) Price Prediction
Cardano (ADA) is one of the best cryptos at the moment. CoinMarketCap shows that the price of Cardano has jumped nearly 5% in the past 30 days. Currently, this crypto currency is trading between $0.33 and $0.34. Additionally, the 14-day RSI for the Cardano coin is sitting at 50, which is the neutral zone.
Prominent analyst Dan Gambardello also remains optimistic for Cardano (ADA). According to his X post, Cardano may hit the $0.50 level before the end of October. This prediction could come true with Charles Hoskinson hinting at the next upgrade for the Cardano network. Other market analysts are also bullish. Their Cardano price prediction foresees its value hitting $0.80 before this quarter ends.
DTX Exchange (DTX) Seen as a Hidden Crypto Gem
DTX Exchange (DTX) is a newcomer in the crypto space. Interest in it is sky-high as this DeFi project may revolutionize online trading. To accomplish this, it will launch a hybrid trading platform combining the best DEX and CEX features. With this unique trading model, people will get the best of both worlds.
DTX Exchange's main focus is privacy and accessibility. Unlike most platforms like Binance or Coinbase, DTX Exchange will give people access to over 120K asset classes at up to 1000x leverage. These include cryptocurrencies, FX, CFDs, etc. Plus, traders will remain anonymous as no sign-up KYC checks are needed. This gives people the perfect opportunity to enter many trillion-dollar markets, like the $1.4T FX one.
The DTX utility token will power this platform. Holders of it will get lower trading fees, access to better analytics tools, and more. Currently, it costs just $0.08 in phase four of its presale. Those who bought it early are experiencing a 300% return so far. With millions of tokens sold, experts hint at a potential 20x surge after a Tier-1 CEX lists DTX soon. This could make DTX the best cryptocurrency to buy now.
Toncoin (TON) Price May See Good Growth Soon
Toncoin (TON) is another crypto coin seeing some green price charts. In the past week alone, the Toncoin price increased by around 3%, per CoinMarketCap. This crypto currency currently trades between $5.05 and $5.18. Also, the Toncoin crypto MACD level is sitting at 0.09, which shows a buy signal, although it is currently weak.
According to crypto analyst Axo, a bullish trend may come for Toncoin (TON). In his X post, he says the Toncoin crypto may surge to $5.89 in the long term. This Toncoin price prediction may cause interest in this crypto to rise.
Cardano (ADA), DTX Exchange (DTX) & Toncoin (TON) – What Lies Ahead for These Crypto Coins?
Analysts think that Cardano (ADA), DTX Exchange (DTX), and Toncoin (TON) are the best cryptos this month. All of them have great growth potential. However, one stands out—DTX Exchange. This crypto currency has a smaller market cap than its peers, which means it needs less new money to see price growth. Therefore, DTX could be the top crypto to buy for fast returns.
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