Outside Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The DTX Exchange presale has raised over $1.2m so far, at the same time, Ripple price dips and Stacks climbs higher.
In the current crypto market, DTX Exchange (DTX) is capturing the most focus, thanks to its stellar presale performance. This Stage 2 presale sensation has raised more than $1.2m at lightning-fast speed and projections indicate further growth to $2m before the end of August 2024.
It is gaining traction with big-time traders while Ripple (XRP) falls and Stacks (STX) sees a significant increase in value over this time frame. Some analysts hint that this rookie may become the next 50x crypto in 2024. Let’s see why.
DTX Exchange: Ongoing presale success
DTX Exchange has been showing a lot of potential during its presale. It has already provided early buyers with a 100% ROI. This is definitely an amazing return in a short period. Interestingly, even major crypto influencers like Crypto Infinity mentioned it in their latest video. They claim that DTX Exchange could turn online trading on its head.
DTX combines the strongest elements of CEX and DEX through a hybrid trading model. The team behind the project has ensured that it’s more than just another trading platform. This means users can access over 120k asset classes, ranging from cryptos to bonds, with leverage up to 1000x. Plus, DTX Exchange provides privacy for all users with its no KYC policy.
The backbone of this platform will be the DTX utility token. Holding it is very beneficial as it brings you governance voting rights, reduced trading fees and access to advanced analytics tools. Early buyers of $100 worth of DTX also enter a $1M giveaway. In this giveaway, ten lucky people win $100K each.
At the moment, one DTX costs just $0.04. However, this Stage 2 presale price will rise by 50% once Stage 3 begins. Therefore, countless traders are now rushing to buy it before its value skyrockets. With all these factors, market analysts are very bullish. They foresee a 50x jump for DTX once a Tier-1 CEX lists DTX in Q3 of 2024 – making it one of the top cryptos.
Ripple signals red on price charts
Ripple has always been a major project in the crypto sphere despite its issues with regulatory authorities in the US. However, according to CoinMarketCap data, XRP’s price fell nearly 15% in the past year alone. But, prominent analyst The Wolf Of All Streets is bullish for the remittance token. In his recent X post, the analyst says that XRP may see a breakout from its descending resistance line soon.
The technical analysis for XRP supports this statement. What’s more, around five technical indicators are in the buy zone for XRP. And, it is trading above its 200-day EMA. Because of these reasons and more, experts predict a surge to $0.64 within Q3 of 2024.
Experts: New ATH imminent for Stacks
Meanwhile, Stacks has been riding a bullish wave in the market. Over the past 12 months, the Stacks price jumped nearly 150%, according to date from CoinMarketCap data. Not only that, market expert CryptoBullet claims this bullish trend will continue. According to his X post, STX is a market leader, which may soon reach a new ATH while placing a target at $8.2.
From a technical analysis perspective, the future of the Stacks coin appears bright. STX trades above its 100—and 200-day EMAs with seven green technical indicators. When making their Stacks price prediction, analysts have considered all these factors. Therefore, they predict STX will trade at $2 before the end of Q3 2024.
Conclusion
While Ripple and Stacks continue seeing fluctuations, DTX Exchange is taking the market by storm. Since it also has a lower market cap than its peers, DTX is bound to surge faster. Furthermore, this rookie boasts many connections to stable and flourishing trillion-dollar financial markets like the $133T bonds one. As a result, DTX needs less new funds for its price to rise while remaining more stable in the long run. To buy this crypto, follow the links below and sign up for the DTX Exchange presale.
To learn more about DTX, visit the DTX presale, read the Whitepaper and join the DTX community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This article first appeared at crypto.news
