Altcoins
Analysts are talking about this new Altcoin: could it overtake giants like Tron (TRX) and Fetch.ai (FET)?
Newcomers making noise in the cryptocurrency market is nothing new; however, this comes from DTX Exchange (DTX) this time. This altcoin is attracting analysts’ attention as the next $1 crypto in 2024. Some are even suggesting that this Tier 2 presale star could overtake already established altcoins like Tron (TRX) and Fetch.ai (FET). Keep reading to find out why.
DTX Exchange (DTX): Among the Best Altcoins to Keep on Your Radar
DTX Exchange (DTX) is becoming a powerful force in the altcoin space. Those who bought it early now enjoy a 100% return on investment, an exceptional performance. In fact, with millions of DTX tokens already sold, DTX Exchange has raised over $600,000 and is on track to reach $1 million before the end of June 2024. Global traders are showing interest in this altcoin.
What sets DTX Exchange apart from other platforms is its hybrid trading system, which combines the best aspects of DEX and CEX. Through this integration, over 120,000 asset classes can be traded using up to 1000x leverage with no KYC checks required. This feature could make it a favorite of traders who want to maintain their privacy.
This ecosystem revolves around the utility token DTX. Those who hold this altcoin will enjoy benefits such as advanced analysis tools, reduced transaction fees, and priority customer support. Additionally, anyone who purchases $100 worth of DTX during its presale will be entered into a $1 million giveaway, in which DTX Exchange will reward ten people with $100,000 each.
DTX currently only costs $0.04 during stage 2 of its presale, but once it reaches stage 3 there will be a 50% increase, bringing its value to $0.06. Analysts in this area believe that we are only seeing the tip of the iceberg. They predict a potential jump to $1 once DTX hits Tier 1 exchanges in Q3 2024, making it one of the best altcoins to buy.
Tron (TRX): LayerZero support may trigger a rally
As one of the top altcoins, Tron (TRX) has also made headlines. Recently, Tron announced that LayerZero goes live on its network. This means that more than 65 networks now have access to this altcoin. Additionally, TRON developers can deploy DApps on many blockchains, which will make them much more useful.
In terms of performance, the TRX price has increased by over 45% since the start of this year alone. With bullish Tron news like this, it’s no wonder some experts are predicting that this number could easily double before we know it. They even say that there is a chance that the Tron coin could exceed $0.15 at some point during the second quarter of 2024.
Fetch.ai (FET): a new merger intended to increase value
Another altcoin that has been making noise recently is Fetch.ai (FET). Recently, Fetch.ai announced it will complete its merger with Ocean Protocol and SingularityNET on June 13, 2024. As a result, FET will change dramatically, rebrand itself as ASI, and also create the first-ever artificial superintelligence alliance.
The value of the Fetch.ai crypto has increased by more than 700% in the last 12 months. Additionally, more than ten technical indicators are now in the buy zone for this altcoin. Due to all these news and bullish indicators from Fetch.ai, experts predict that its value will reach $3.25 before the end of the second quarter of 2024.
Will DTX Exchange outperform Tron and Fetch.ai?
The DTX Exchange is a new altcoin that could compete with Tron and Fetch.ai. Beyond its impressive hybrid trading platform, this project has a low market capitalization and strong ties to thriving billion-dollar financial markets like foreign exchange, giving analysts every reason to take notice. Therefore, DTX emerges as one of the best altcoins for quick returns.
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