Ethereum ETFs Poised for Approval in July, Potentially Boosting Promising Tokens Like DTX Exchange, Ripple, Chainlink, Tron, and Polygon

Steve Kurz of Galaxy Digital has recently predicted that Ethereum ETFs will be approved in July. Apart from Ethereum, a number of other promising tokens

As the cryptocurrency market continues to expand and gain mainstream attention, several promising tokens are poised to benefit from key developments in the industry. Among them, DTX Exchange (DTX) stands out with its exceptional performance and unique value proposition.

With Ethereum ETFs expected to be approved in July, according to Galaxy Digital's Steve Kurz, the price of promising tokens like DTX Exchange (DTX), Ripple (XRP), Chainlink (LINK), Tron (TRX), and Polygon (MATIC) could see a significant boost.

While some of these tokens are already well-known in the cryptocurrency space, others, like DTX Exchange, are making waves during their presales. Here's a closer look at each of these tokens and their potential in 2024:

DTX Exchange (DTX) – A Stage 2 Presale Gem That's Surging

Quickly gaining ground among crypto enthusiasts, DTX Exchange (DTX) has already rewarded early buyers with a 100% ROI, which is set to increase by 50% as the presale enters Stage 3. Even crypto analyst Candy Gems has highlighted the excellent work being done by this project, which is instilling confidence among global traders awaiting the launch of this hybrid trading platform.

Combining the best features of CEXs and DEXs, DTX Exchange will allow users to trade over 120k assets, including forex, commodities, and cryptocurrencies, all while bypassing KYC checks that may violate user privacy. This aspect of the platform is likely to make DTX Exchange a fan-favorite among privacy-conscious traders.

At the heart of this platform lies the DTX utility token, which grants holders access to advanced analytics tools, governance voting rights, and reduced trading fees. Moreover, those who purchase $100 of DTX during its presale will automatically be entered into a $1m giveaway, where ten lucky individuals will receive $100k each.

Priced at $0.04 during Stage 2 of its presale, the price of DTX will continue to rise as the presale progresses. According to market analysts, DTX could be valued at $0.5 once it gets listed on a Tier-1 CEX in Q3 of 2024.

Chainlink (LINK) – A New Partnership with Sygnum and Fidelity

Another crypto that has been making headlines lately is Chainlink, especially after Sygnum announced that it has joined hands with Fidelity to partner with Chainlink and provide fund NAV data on-chain. This data will power the Fidelity Institutional Liquidity Fund, which currently has $6.9b in holdings.

Thanks to this bullish Chainlink news, its value may rise soon. The Chainlink crypto has seen a price surge of over 110% in the past year alone. Also, around 18 technical indicators are showing green signals for LINK. Therefore, experts predict that Chainlink will trade at $17 within Q3 of 2024.

Tron (TRX) – A New ATH in the TRX Staking Rate

Tron is one crypto that is showing some exciting developments. Recently, analyst Dendorion pointed to a significant milestone for Tron In his X post, he stated that a new all-time high in the Tron coin staking rate was achieved with 53.04%. More traders are getting interested in staking TRX at the moment.

The Tron coin value has surged over 65% on the YTD chart. In addition, the Tron market cap increased from $6.93b to $11.27b in that period. Because of all this bullish Tron news, market analysts foresee TRX trading at $0.15 before Q3 of 2024 ends.

Polygon (MATIC) – A Potential 35x Move Upward

Last, we will mention Polygon, a volatile crypto. According to CoinMarketCap data, the Polygon price fell over 20% on the year-to-date chart. However, market analyst Crypto Patel remains bullish about this crypto In his X post, Patel states that a potential bullish pennant is now occurring, which may trigger a 35x rally for the Polygon crypto.

Not only that, but the technical analysis of this crypto suggests that the price of MATIC will continue rising. MATIC is currently trading above its 200-day EMA while having four technical indicators in the green. As a result, experts have made a bullish Polygon price prediction—reaching $0.64 within Q3 of 2024.

Learn More About the DTX Presale and Get Involved

With Kurz's prediction setting the stage for a potential rally in the cryptocurrency market, promising tokens like DTX Exchange (DTX), Chainlink (LINK), Tron (TRX), and Polygon (MATIC) could see a substantial boost in value.

However, among these tokens, DTX Exchange stands out

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