The crypto market cools off, which experts believe is a breather ahead of the next leg of its bull run. With TRON (TRX) consolidating, traders shift focus to DTX Exchange (DTX), an ERC-20 token set to overtake Ripple (XRP) by the end of this bull run.
This novel altcoin checks off most, if not all, the boxes, from solid fundamentals to important use cases and growth prospects. As it prepares to debut, experts hail it as the best presale.
DTX Exchange (DTX): A Must-Have Altcoin This Bull Run
DTX Exchange (DTX) is an Ethereum-based cryptocurrency gearing up to take the crypto world by storm. The presale is already at the heart of the market buzz, crossing $3.5 million earlier this week and outclassing most new ICOs.
In round 3 of the presale, it is heavily discounted, priced at $0.06 per token. At the current price, it has been hailed by experts as the best crypto to invest in, tipped to overtake Ripple (XRP) and outpace TRON (TRX). A 50x rally is projected after listing on Tier-1 exchanges—a new DeFi project to keep on the radar.
Further, as a one-stop trading platform, its potential is staggering. Touted as the future of trading, it will be a hub for trading diverse assets across stocks, forex, ETFs, commodities and cryptos. It is on the cusp of transforming the $10 billion global trading space and token holders will have a say in the platform’s future via staking.
TRON (TRX): Underwhelming Performance Since August High
TRON (TRX) is a Layer-1 token and blockchain platform. It is one of the top 10 cryptocurrencies and the blockchain is one of the most sought-after for DeFi solutions and services. Its rapidly growing meme ecosystem was one of its biggest highlights in Q3.
However, since its August rally, the TRON price has been underwhelming. It tumbled 1.2% on the monthly charts and is in a downturn in the past 24 hours. The altcoin retails at $0.15, significantly below its all-time high.
TRON (TRX) last registered an ATH in 2018, soaring past $0.3 in June. There has been a 48% decline afterward, with critics of the opinion that it doesn’t have the strength to go on price discovery. Nevertheless, optimists are confident of a new high at the peak of this bull run, making it an altcoin to watch.
Ripple (XRP): An Altcoin to Watch
Ripple (XRP) is one of the top altcoins, powering the XRP Ledger (XRPL). It is widely known for its role in facilitating international transactions, contributing to its rise to the ranks of the top crypto coins.
It hasn’t been smooth sailing though, not with the lengthy battle with the US SEC. However, the final judgment by a US court has shed more light on its regulatory landscape, putting Ripple (XRP) back on a bullish path.
With the year rounding up, analysts’ opinions about XRP’s outlook differ. On the one hand, it has been likened to a sleeping giant and tipped to skyrocket—a potential rally above $10. On the other hand, critics believe it will underwhelm. Either way, it is one of the altcoins to watch.
Conclusion
Amid the underwhelming performance of TRON (TRX), traders have shifted their attention to DTX Exchange (DTX). This emerging cryptocurrency ticks most boxes—solid fundamentals and significant upside potential. With adoption imminent, it is on track to overtake Ripple (XRP) by the end of this bull run.
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