It is another bull season, with a full-blown up-only market around the corner. Positioning for the impending bullish wave, analysts have been betting on DTX Exchange (DTX) over top altcoins like Toncoin (TON) and Dogecoin (DOGE).
Compared to popular cryptocurrencies, its market cap is low, leaving plenty of room for growth. Further, by combining the best features of CEX and DEX, not forgetting its rapidly growing community, it fits the bill of this year’s best crypto investment.
DTX Exchange (DTX): The Next Big Thing?
DTX Exchange (DTX), listed among the most promising altcoins on the investment block, is an exchange-based cryptocurrency. That isn’t all: it is set to make its mark in the crypto scene and the wider financial market, given its blend of TradFi and DeFi.
Its proprietary hybrid Layer-1 blockchain will integrate conventional assets with Web3 products, making it a one-stop platform for all trading needs. Users can trade over 120,000 assets, including stocks, forex, commodities, ETFs, cryptocurrencies and other tokenized financial instruments.
The above makes it a breath of fresh air in the $10 billion global trading market, contributing to the presale soaring past $4.6 million in funding. In the fourth round, a token is priced at $0.08 and is tipped to hit $1 by December, according to top analysts. Hence, its novelty as a hybrid exchange protocol, staggering upside potential and rapidly growing community are key reasons investors are betting on DTX ahead of Toncoin (TON) and Dogecoin (DOGE).
Toncoin (TON): A Top Crypto Coin
Toncoin (TON), a payment-based cryptocurrency, is among the top 10 biggest players in the crypto landscape. The rise in popularity of Telegram mini-apps is largely behind its growth, alongside rising adoption.
CoinMarketCap data reported that Toncoin (TON) was at an all-time low of $0.39 three years ago. However, in June this year, it exploded, hitting $8.24—an all-time high. This emphasizes the need for patience in the crypto scene, or having strong conviction.
However, there has been a 35% downturn since its peak. The arrest of Telegram CEO Pavel Durov was one of the bearish events contributing to this decline. Meanwhile, in the past 30 days, the Toncoin price slumped by over 7%, changing hands above $5.2. On the bright side, there is plenty of room for growth—one of the altcoins to watch out for.
Dogecoin (DOGE): $1 by the Peak of this Bull Run?
Dogecoin (DOGE), the first and leading dog cryptocurrency, is one of the top crypto coins. The fun-themed digital asset was launched in 2013 but got its big break during the 2021 bull market. Since then, it has risen to the ranks of the best altcoins.
However, since its big jump during the last bull market, hitting $0.73, it has nosedived by over 85%. Meanwhile, in the crypto market today, the Dogecoin price is at $0.1, with a 1% downward change. But given current market conditions, it seems primed for another big jump.
Breaking the year high—$0.23—will push Dogecoin (DOGE) to a jump above $0.5. A new ATH isn’t out of the question either. According to a Dogecoin price prediction, it is on track for a rally above $1 at the peak of this bull run, placing it on the list of the best cryptos to invest in.
Conclusion
As it sails toward $1 this year, DTX Exchange (DTX) is a more compelling altcoin than Toncoin (TON) and Dogecoin (DOGE). Its significant upside potential and novelty—a blend of TradFi and DeFi—make it one of the best coins to invest in.
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