Ripple (XRP), Filecoin (FIL) and Cosmos (ATOM) are causing a lot of hype in the crypto market through their recent updates and price actions. But among these developments, there’s one new player that could take over all the attention: DTX Exchange (DTX). This crypto now in Stage 2 of its presale has already soared by 100% and experts have noticed.
They hint that DTX could become the next 100x crypto in 2024. Keep on reading to find out what gives it a competitive edge.
Ripple (XRP): The SEC Case Ends
Recently, Ripple (XRP) has seen some noteworthy events. For instance, Ripple has been fined $125 million by a federal judge who also ordered them not to violate securities laws in the future. With this ruling, many traders claim that the drawn out Ripple-SEC case has finally ended.
This bullish Ripple news may cause the demand for this crypto to jump. Speaking of which, XRP’s cost fell nearly 2% in the past 12 months. But, the Ripple crypto is trading above its 100 and 200-day EMAs while having 28 green technical indicators. Because of this, experts say that Ripple will soar to $0.65 before October 2024 ends.
Filecoin (FIL): Leading the Way in DePIN
Filecoin (FIL) is another crypto that has been gaining attention. Recently, Filecoin highlighted the fact that it is leading the way in terms of DePIN market cap leaders. Messari statistics show that FIL has jumped from $1.8B in August 2023 to $2.4B by August 2024. This is a 28% increase.
When it comes to the Filecoin crypto value, it dropped nearly 15% on the YTD chart. Plus, FIL now has around 6 technical signals in the buy zone. As a result of all this positive Filecoin news and indicators, market analysts predict its value will jump to $4.50 in Q3 of 2024.
Cosmos (ATOM): Lava Network on Fire
Cosmos (ATOM) has also been making a name for itself. For instance, there were some exciting Cosmos news as they revealed that Lava Network has now achieved over 50B RPC requests. Lava Network is powered by the CosmosSDK which is very good for developers who want to build on this platform.
This news may cause an uptrend for the Cosmos crypto. Over the past year alone, the Cosmos coin value dropped 40%. But, ATOM is still having 3 technical indicators in the green. Because of all these factors, experts forecast a potential surge to $5.90 before Q3 of 2024 ends.
DTX Exchange (DTX): An Upcoming Great Exchange
DTX Exchange (DTX) is seen as a strong contender among Ripple, Filecoin and Cosmos. This presale has already given a 100% ROI to all those who bought it early on. Even big crypto YouTubers like Crypto Volt have mentioned it. In his YouTube video, he says that people should ditch the competition as DTX may become a market leader.
The DTX Exchange is unique because it uses a trade model that is a mix of the best parts of CEX and DEX. Under this model, users can choose from more than 120,000 types of assets, such as cryptos, stocks and bonds. By supporting up to 1000x leverage and implementing no KYC checks, DTX Exchange offers versatility and privacy – giving it an advantage over platforms like Binance.
The DTX utility coin is an important part of the exchange’s environment. Holders get to vote on governance issues and pay lower trade fees. There is also a $1M giveaway going on at DTX Exchange right now. Ten winners will each get $100,000 just for getting $100 worth of DTX during the presale.
At the moment, DTX costs just $0.04. But, this is a Stage 2 presale price which will rise to $0.06 once Stage 3 begins. In other words, those who buy it now will get a 50% ROI. Therefore, market analysts predict a 100x surge for DTX once a listing on some Tier-1 CEX occurs in Q3 of 2024.
Will DTX Exchange Surpass Giants Like Ripple, Filecoin and Cosmos?
Ripple, Filecoin and Cosmos are still making progress in the crypto market, but DTX Exchange may leave them all in the dust. This crypto has connections to many successful financial markets like the $133T bonds one as well as a lower market cap. Because of this, DTX will need less new funds for its price to reach its full potential. Follow the links below to buy it and capitalize on its growth.
