New presale gem could quickly surpass Tron and Ripple

New presale gem could quickly surpass Tron and Ripple

In the current crypto arena, one project stands out: DTX Exchange (DTX), a new star in the phase two presale. It has already raised over $1.4 million and is on track to reach $2 million before August 31, 2024. People are flocking to this presale as a well-known crypto insider says this newcomer could be the next $1 cryptocurrency this year.

Tron (TRX) and Ripple (XRP), meanwhile, have not yet reached that level. Although some experts are confident in their growth potential, a $1 valuation may be difficult for them to reach, so more people are focusing on DTX instead.

DTX Exchange (DTX): A next-generation online trading platform

DTX Exchange (DTX) is making a name for itself in the crypto market. Its ongoing pre-sale performance is fantastic, offering 100% returns to first-time buyers. This has not gone unnoticed as major crypto influencers like CryptoDexWorld have mentioned it. In his YouTube video, he says that DTX Exchange has the potential to become the best trading platform.

Unlike most exchanges today, DTX Exchange has a hybrid trading model that combines the best of CEX and DEX. This model allows people to buy over 120,000 asset classes such as gold, commodities, and cryptocurrencies. Fast transaction speeds of 0.04 seconds could make DTX Exchange the favorite of millions of fans.

The DTX utility token is the fuel behind this project. Owning it will give you lower trading fees and voting rights in the administration. Since it is in phase 2 of its presale, it currently costs $0.04 – a 100% increase from its launch price. But that price will reach $0.06 when phase 3 goes live. Demand is so high that experts predict a jump to $1 once DTX hits tier 1 exchanges in Q3 2024.

Tron (TRX): Could rise soon

Tron (TRX) is another coin with a good price movement. In the last 12 months, Tron price has increased by over 95% according to CoinMarketCap statistics. Crypto analyst Johnny also made a bold statement. In his X article, Johnny says that TRX is now breaking out to multi-year highs thanks to Tron memes and the sunpump.

Moreover, the Tron cryptocurrency is now above its 50-day exponential moving average and simple moving averages. Its RSI also has a reading of 74 – a good sign. This means that TRX now has bullish momentum.

Due to all these factors, market analysts in their Tron price prediction predict a rise to $0.20 in September 2024.

Ripple (XRP): A breakout is imminent

Meanwhile, Ripple (XRP) has also attracted some attention. CoinMarketCap statistics show that Ripple price has increased by over 10% year-to-date. Market analyst CRYPTOWZRD says a new rally is imminent for XRP. In his X article, he claims that a breakout is imminent for Ripple and the next attempt at $0.65 will trigger a rally.

The cryptocurrency Ripple also has a MACD value of 0.00701 in its buy zone. In addition, it is now above its 200-day exponential and simple moving averages. Experts take all these signals into account when making their forecasts.

In their Ripple price prediction, they predict that this cryptocurrency will reach a value of $0.65 in October 2024.

Can the DTX exchange reach $1 faster than Tron and Ripple?

Tron and Ripple have already made a name for themselves in the crypto market. But DTX Exchange is now making a name for itself and could reach the $1 mark faster than them. DTX has a smaller market cap and is tied to successful financial markets like the $133 trillion bonds. With these advantages, DTX needs less new money for its price to rise to $1.

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