It has been a remarkable past few days as Bitcoin (BTC) shot up, raising investors’ hopes. As prices begin to explode and top altcoins like Ripple (XRP) and Toncoin (TON) trade on the upside, DTX Exchange (DTX) steals the spotlight with a remarkable performance.
The emerging cryptocurrency soared past $5.3 million in early funding, highlighting growing confidence and suggesting an explosive launch. Behind this massive show of interest are its novelty as a hybrid trading platform combining CEX and DEX’s best features and staggering upside potential.
DTX Exchange (DTX): The Best Crypto to Invest in?
DTX Exchange (DTX), a hybrid exchange-based token, is quickly becoming a fan favorite. It widened the gap with most new ICOs after crossing the $5.3M fundraising goal, cementing its status as this quarter’s best presale.
The ICO has been selling out fast in the fourth round, undervalued at $0.08. This low entry is one of its many attractions, along with its massive growth prospects. Teeming with potential as a novel trading platform that combines the best elements of CEX and DEX, analysts project a jaw-dropping 100x growth after its launch.
Also driving interest is its anticipated transformation of the $3.2 billion global trading market. Unlike conventional exchange protocols, users will enjoy benefits like wallet-based trading, non-custodial storage solutions, distributed liquidity pools and diverse asset classes. It aims to bridge the gap between DeFi and TradFi and given its impending adoption and growth, it has been hailed as the next Ripple (XRP) and Toncoin (TON).
Ripple (XRP): Over 2% Uptick
The altcoin market gains significant traction and Ripple (XRP) isn’t left out of the party. The cryptocurrency at the heart of the protocol that facilitates cross-border transactions and payments trades on the upside, shrugging off pressure from the recent SEC appeal.
Despite rising selling pressure as the US SEC appeals judge Analisa’s $125 million final judgment, it trades on the upside. In the past 7 days, the XRP price increased over 2%, changing hands above $0.54. While it trades downward on the monthly charts—a 6% downswing and a fall from $0.65—a reversal is on the cards.
The latest XRP price prediction gaining grounds suggests a weekly close above $0.6. At the current price, Ripple (XRP) is among the best cryptos to invest in, especially with its projected rally above $1 before the year’s end.
Toncoin (TON): Eyes $6.0 Next
Toncoin (TON), one of the leading players on the altcoin list, charts a bullish course. The Telegram-based cryptocurrency has been one of this year’s biggest highlights, soaring from a little above $2.0 to an all-time high.
After several price discoveries this year, the latest Toncoin (TON) all-time high was on June 15. It soared past $8.2 and in its trails were green candles. However, since registering a peak price, there has been a 35% downswing, linked to profit-taking and the arrest of Telegram CEO Pavel Durov.
But according to a Toncoin price prediction, its outlook is bullish. On the weekly charts, the Toncoin price is up over 3%, retailing at $5.3. It is on track for a jump above $6.0 in the coming days, placing it on the list of altcoins to watch out for. Moreover, the community believes a rally above $10 is “imminent” before the year’s end.
Conclusion
Despite the uptick in the prices of Ripple (XRP) and Toncoin (TON), DTX Exchange (DTX) is in the spotlight. It crossed $5.3 million in early funding, inching closer to its highly anticipated debut. As it prepares to reshape the global trading scene, it is a new DeFi project to keep on the radar.
Learn more:
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
