Altcoins
DTX Exchange (DTX) Pulls Ahead: Climbs the List of Must-Have Altcoins for Q2
In the second quarter of 2024, crypto traders are looking for altcoins that are likely to rise. Among them is DTX Exchange (DTX)which is now in stage 2 of its pre-sale and could multiply by 50 in 2024. This recruit has quickly climbed the list of must-have altcoins alongside Toncoin (TON), Solana (SOL), Render (RNDR), Sui (SUI), Tron (TRX), Ethereum Classic (ETC) and Optimism (OP).
DTX Exchange (DTX): an Altcoin that soars 100%
DTX Exchange (DTX) is making a name for itself in the altcoin space. Its ongoing presale has seen considerable growth as it has raised over $500,000 so far, with projections that it will reach $1 million before the end of May 2024. Additionally, DTX Exchange provided first-time buyers a 100% return on investment so far. , but this percentage is likely to increase as the presale progresses.
Traders are rushing to this new altcoin because they believe it has a solid foundation and long-term growth potential. At its core, DTX Exchange is a global trading platform that allows users access to over 120,000 assets and up to 1,000x leverage. Additionally, no registration KYC verification is performed on DTX Exchange, which means complete anonymity.
The DTX token will power this platform and bring many benefits to holders. For example, DTX holders gain access to priority customer support, governance voting rights through staking, and reduced trading fees. These benefits are attractive enough for traders as millions of this altcoin have been sold so far.
Currently, one DTX only costs $0.04 as it is in stage 2 of its presale. This is a 100% increase from its starting price of $0.02. Once Stage 3 begins, this price will increase to $0.06 – a 20% ROI for those who purchased now. With its ties to the thriving $805 billion foreign exchange market and an upcoming major Tier 1 CEX listing, experts predict a 50x growth in value for this altcoin in the third quarter of 2024.
Ben Sizelove: Toncoin (TON) is one of the best blockchains
Toncoin (TON) is another altcoin that has been rising on the price charts. CoinMarketCap data shows that the price of Toncoin has increased by over 250% in the past year alone. CryptoQuant analyst Ben Sizelove also said that TON will be among the top performing L1 blockchains in 2024. He further believes that Toncoin is one of the altcoins to watch out for in this bull run.
Technical analysis of this altcoin also shows bullish signals. For example, the Toncoin crypto is trading above its 50 and 100 day EMAs while showing 24 green technical indicators. Thus, market analysts made a bullish forecast for the price of Toncoin – reaching $8.89 before the end of the second quarter of 2024.
Ansem makes a bullish forecast for the price of Solana
Meanwhile, Solana (SOL) is also making headlines in this sector. According to data from CoinMarketCap, the price of this altcoin has increased by almost 800% on the charts since the beginning of the year. Leading crypto analyst Ansem says this is just the beginning. In his postAnsem predicts that Solana will hit a new all-time high (ATH) and surpass the current $259 by the end of May 2024.
From a technical analysis perspective, this Solana price prediction has some merit. Currently, 26 technical indicators are in the buy zone for this altcoin as it trades above its 100 and 200 day EMAs. For this reason, experts in the crypto field predict that Solana will reach the $176 level during the second quarter of 2024.
Bullish Rendering News Causes Rally
Render (RNDR) has dominated cryptocurrency headlines recently after some exciting developments. Notably, Render announced that Octane X, which is the first GPU production renderer for macOS, was featured in Apple’s new keynote. As this altcoin’s ecosystem adoption continues to grow, its future looks bright.
This bullish news could trigger a rally for the Render Token, which has performed well on the price charts. Data from CoinMarketCap shows that its value has increased by more than 350% over the past 12 months. Meanwhile, Render is trading above its 50-day and 100-day EMAs, another bullish sign. Thus, market analysts predict that Render will climb to $14 before the end of the second quarter of 2024.
Sui (SUI): a new milestone reached
Sui (SUI) is another altcoin gaining attention. For example, Sui announced that it has reached a new major milestone: more than a million daily active wallets. This is a great achievement because it shows the confidence of the crypto community in this project.
The Sui crypto value movement has seen a slight increase of 1% over the past 12 months. Additionally, 15 technical indicators are in the buy zone for this altcoin. Because of all this bullish news on Sui, experts remain confident in its long-term growth. They forecast a potential rise to $2.41 in the second quarter of 2024.
Tron (TRX): Google Cloud becomes a super representative
Tron (TRX) has seen a major move recently. Data from CoinMarketCap shows that TRX’s value has soared more than 70% in the past year alone, as one of the top altcoins. This upward trend is expected to continue as Tron announced that Google Cloud joined as a TRON super representative. As a result, Tron continues its widespread adoption.
Additionally, Tron crypto is trading above its 100 and 200 day EMAs while showing 24 green technical indicators. Due to all this bullish news on Tron, experts in the crypto space have considered TRX as a good crypto to watch. They forecast an increase to $0.57 before the end of the second quarter of 2024.
Ethereum Classic price analysis: riding a bullish wave
Ethereum Classic (ETC) has also been making waves in the altcoin sector. According to data from CoinMarketCap, the price of this altcoin has increased by more than 70% on the YTD chart. During this period, the market capitalization of Ethereum Classic also increased from $2.57 billion to $4.65 billion. This uptrend is expected to continue as its technical analysis also shows an upcoming uptrend.
The Ethereum Classic coin is trading above its 100-day and 200-day EMAs. Additionally, there are 26 green technical indicators in the green. When making their Ethereum Classic price predictions, experts note all of these factors. Thus, they forecast an increase to $40 in the second quarter of 2024.
Optimism (OP): Ethereum ETF approval could spark surge
Optimism (OP) is gaining more attention in the crypto market as a possible Ethereum ETF approval could come. With these rumors circulating, the Optimism crypto and the rest of the Ethereum ecosystem are skyrocketing on the price charts. Over the past year, the price of Optimism has surged nearly 70%, according to data from CoinMarketCap.
Technical analysis of this altcoin also shows positive signals as OP is now trading above its 50 and 100 day EMAs. Due to all these factors, market analysts have made a bullish optimistic price prediction. They predict that optimism will reach the $3.63 level before the end of the second quarter of 2024.
What Makes DTX Exchange Stand Out Among These Top Altcoins?
While Toncoin, Solana, Render, Sui, Tron, Ethereum Classic, and Optimism are all altcoins to watch, DTX Exchange could lead the charge. First, its market cap is $19 million, which means it needs less new funding for its price to rise. Moreover, it is in the second stage of its pre-sale and, as seasoned traders know, buying promising projects early generates big returns on investment in the future.
Finally, DTX Exchange gives you access to countless booming markets. Take for example the global foreign exchange market. According to IMARC Group, it is expected to reach $1.4 billion by 2032. For all these reasons, DTX has become one of the best altcoins to invest in Q2 2024.