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The crypto market is bullish as Bitcoin nears a peak. Cardano partners with BitcoinOS to unlock BTC’s $1.4T market, while investors also back the new hybrid altcoin DTX.
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The crypto market has moved into a bullish timeframe, with Bitcoin’s (BTC) rally to a new peak just a matter of time. Amid this, Cardano (ADA) partners with BitcoinOS, a smart contract platform for Bitcoin. Set to unlock BTC’s $1.4 trillion market, ADA’s DeFi ecosystem could be fundamentally transformed.
Meanwhile, investors have been betting on Toncoin (TON) and DTX Exchange (DTX), a new altcoin at the crossroads between TradFi and DeFi. This hybrid cryptocurrency is on track to reshape the global trading landscape, hailed as the next big thing.
DTX Exchange: The latest on investors’ radars
DTX Exchange, a new altcoin at the intersection between traditional and decentralized finance, is the latest on investors’ watchlists. Its novelty and significant upside potential are its biggest attractions, contributing to the over $5.9 million raised in early funding.
The ICO is one of the fastest-selling, outpacing others. In round 4 of the presale, the token is competitively priced at $0.08, with its low entry further sweetening the deal. As it sails toward adoption, industry experts project a 65x rally after its debut, having more room for growth than top altcoins like Cardano and Toncoin.
Already pre-listed on CoinMarketCap, the community is abuzz. Meanwhile, its future transformation of the $3.2 billion global trading market makes it a new DeFi project to watch out for. Its hybrid Layer-1 blockchain will integrate conventional asset classes with web3 products, bridging the gap between TradFi and DeFi. As a one-stop trading platform, users can trade over 120,000 asset classes with up to 1,000x leverage on select products.
Cardano (ADA): Prepares to unlock Bitcoin’s $1.4 trillion market
Cardano is an industry leader and plays a key role in the DeFi world. It facilitates the creation of decentralized applications (dApps), with the recent Chang hard fork giving token holders a say in the platform’s future.
However, its performance in the past few weeks has been underwhelming—an 11% decline in the past 30 days. The Cardano price is also on the downside on the weekly chart, changing hands above $0.34.
But in exciting news, Cardano formed a strategic partnership with BitcoinOS, a smart contract platform for BTC, potentially unlocking a $1.4 trillion market. According to the blog post, this collaboration will enable ADA DeFi users to tap into Bitcoin’s vast liquidity directly. This could be bullish for Cardano, making it one of the altcoins to watch.
Toncoin: Eyes a monthly close above $6.5
The Layer-1 token Toncoin is an investor favorite, which isn’t surprising. Its relationship with Telegram, one of the world’s largest messaging apps, has been crucial to its growth, rising to the ranks of the top crypto coins. The rise of mini-apps on Telegram—tap-to-earn and play-to-earn games—also contributed to TON’s growth.
Having one of its best years, Toncoin soared from $2 to an all-time high of $8.24 in June. While there has been a 35% downturn from its peak, its outlook is promising, and investors have been doubling down, gobbling up the dip.
The Toncoin price hovers above the crucial $5 support, with a 2% decline in the past 7 days. Tipped for a monthly close above $6.5, Toncoin is one of the best cryptos to invest in, with its yearly outlook even more promising.
Conclusion
The Cardano recent partnership with BitcoinOS is set to unlock Bitcoin’s $1.4 trillion market, transforming its DeFi ecosystem. Meanwhile, Toncoin and DTX Exchange have emerged as investors’ favorites. The former is on track for a monthly close above $6.5, while the latter is tipped for a 65x upswing post-launch.
For more information, visit the DTX Exchange presale website or join the online community.
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This article first appeared at crypto.news
