It is another bullish week in crypto. Bitcoin (BTC) soared past $94,000, creating a new ATH. Altcoins weren’t missing in action either. TRON (TRX) skyrocketed, approaching the 2018 peak, while Cardano (ADA) nears a breakout above $0.8.
At the same time, investors gravitate toward DTX Exchange (DTX), a new DeFi token. Standing at the crossroads between TradFi and DeFi while combining the best elements of CEX and DEX, DTX has been hailed by experts as the best new crypto to invest in.
DTX Exchange (DTX) Eyes a 75X Rally
DTX Exchange (DTX) is quickly becoming an investor favorite. It offers a good shot at significant gains given its unique narrative—a hybrid trading platform—and impending adoption. Its rapidly growing community also paints a bullish picture.
Unlike conventional trading protocols, DTX will combine the best elements of centralized and decentralized exchanges. Its primary objectives include financial inclusion (bridging the gap between crypto and traditional financial systems), enhanced security, liquidity and accessibility.
Additionally, traders will enjoy the most advanced trading tools and features, from social and copy trading to on-chain analytics and trading bots. Hence, it is on course to transform the $10 billion global trading space and is touted as the best crypto to invest in.
Over $8.2 million has been raised in early funding, highlighting its growing community and investor trust. Meanwhile, a token costs just $0.10 in the fifth ICO round and is projected to witness a 75x gain after its debut. Set to compete against popular names like TRON (TRX) and Cardano (ADA), DTX is a new token worth betting on.
TRON (TRX) Targets Price Discovery
TRON (TRX), one of the leading Layer-1 tokens, basks in the spotlight. Despite rising competition in the L1 ecosystem, the TRON price skyrocketed, hovering around $0.2. It soared over 5% in the past seven days and 25% on the monthly chart.
With more room for growth as it approaches its 2018 all-time high of $0.3 and embarks on price discovery, it is among the best cryptos to invest in. This outlook is backed by key technical indicators: the TRX price hovering above the 10-EMA ($0.191) and 10-SMA ($0.190).
Moreover, experts share bullish sentiments for the TRON coin. TRXSquad’s price predictions for this cycle are a modest $0.60, an ambitious $2.50 and a likely $1.10. PORTmetaXYZ, another crypto analyst, believes the altcoin could easily soar by 10x, positioning it among the best altcoins to buy.
Cardano (ADA) Approaches a Breakout Above $0.8
Cardano (ADA) has been one of the most impressive top altcoins this month. The Cardano price exploded over 100% in the past month and 30% in the weekly timeframe, changing hands above $0.75.
An inch away from flipping $0.8, the next key resistance, it is one of the altcoins to watch. The coin price trading above the 10-EMA and 10-SMA are bullish signals, as is the MACD level (12, 26). Crypto analysts have also been betting big, hoping to make the most of its bullish wave.
The Crypto Home, an expert, sees ADA soaring above $1 by December and $2 before Christmas. MartisCapital, another expert, shares a similar sentiment. They believe ADA would hit $1.2, citing low sellers.
Can DTX Exchange (DTX) Outperform TRON (TRX) and Cardano (ADA)?
DTX Exchange (DTX) is an up-and-coming altcoin preparing for an explosive debut. With plenty of room for growth as a low-cap gem compared to large caps like TRON (TRX) and Cardano (ADA), it might be a more compelling alternative. Moreover, its blend of key elements of CEX and DEX while standing at the intersection of TradFi and DeFi makes it a must-have.
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