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DTX Exchange (DTX): A New ALtcoin to Watch Out For

Patricia Arquette
Patricia ArquetteOriginal
2024-10-31 09:34:15278browse

DTX Exchange (DTX), one of the best altcoins, enjoys massive investor interest. Its appeal spans its novelty as a hybrid exchange platform to having key elements of centralized and decentralized exchanges.

DTX Exchange (DTX): A New ALtcoin to Watch Out For

Bitcoin (BTC) finally crossed a crucial threshold on Monday, leaving a hair’s breadth from its all-time high. This key resistance was last seen in March 2023. BTC’s inability to sustain the upper levels saw a correction that wiped out gains for Bitcoin and the broader crypto market.

However, the recent uptick in buying pressure saw Bitcoin fiyatı rise by 1.5% in the past 24 hours, trading at $71,000 at the last check. BTC’s immediate resistance now lies at the March high of $73,000.

Breaking through this level could see Bitcoin fiyatı skyrocket to new highs. On the other hand, a failure to breach the upper resistance might see BTC fiyatı consolidate within a narrow range.

Top Altcoins To Watch Out For

With bullish sentiment quickly gathering steam, the overall crypto market is set to explode in a matter of time. Several altcoins are already exploding from the recent buying pressure.

Here are two top altcoins, including a new exchange-based token that has grabbed experts’ attention, to watch out for.

DTX Exchange (DTX)

DTX Exchange (DTX) is a new exchange-based token in the limelight after crossing $6 million in presale. Its blend of CEX and DEX, while standing at the crossroads between TradFi and DeFi, sets the stage for massive growth.

DTX Exchange (DTX): A New ALtcoin To Watch Out For

DTX Exchange (DTX) enjoys massive investor interest. Its appeal spans its novelty as a hybrid exchange platform to having key elements of both centralized and decentralized exchanges. It stands at the crossroads between TradFi and DeFi, offering over 120,000 asset classes to traders.

Its impending transformation of the global trading scene makes it a strong crypto contender. As a one-stop trading platform, some of its perks are non-custodial trading, global accessibility, enhanced liquidity, security and transparency.

As it races toward adoption, it is a new DeFi project to watch out for. The token is already pre-listed on CoinMarketCap and costs only $0.08 in the fourth ICO round.

Industry experts believe it could increase over 55x after its launch considering its potential transformation of the $3.2 billion global trading market. Tipped to overtake Dogecoin (DOGE) and Litecoin (LTC), it might be a more compelling alternative.

Dogecoin (DOGE)

Dogecoin (DOGE) is widely known in the crypto landscape—a household name. Its leading and pioneering status in the meme scene makes it a favorite among retailers and institutional investors. Set to lead the next meme craze, it is one of the altcoins to watch.

Dogecoin Price Surges 10% on Daily Chart as Bitcoin Crosses $70k Resistance

Dogecoin fiyatı skyrocketed after Bitcoin crossed a crucial resistance of $70,000. DOGE exploded over 10% on the daily charts, trading above $0.16 at the last check.

This renewed interest in memecoins is just the start; the dog-themed cryptocurrency is on a bullish path. At the beginning of 2023, Dogecoin fiyatı surged 1,250% in two months, sparking the meme coin rally.

Dogecoin fiyatı is up over 3,600% year-to-date, making it one of the best performing cryptos to invest in 2023. According to a popular Dogecoin price prediction, $1 is imminent.

This jump is projected to happen this quarter or in the first half of 2025, making it arguably one of the best cryptos to invest in. More importantly, investors can position for significant ROIs without breaking the bank, adding to its attraction.

Litecoin (LTC)

Litecoin (LTC) is a top 20 cryptocurrency created on the Bitcoin (BTC) protocol. It was designed to provide fast, secure and low-cost payments.

The recent BTC uptick puts Litecoin in the spotlight. As sentiment turns bullish, Litecoin (LTC) has begun to gather steam.

At the time of writing, the Litecoin price increased 2% in the past 24 hours, maintaining the $70 support. It is tipped to reclaim its monthly high of $75 in the coming days.

Litecoin Price Could Rally to Cross 2021 Peak Price After BTC Surges Past $70k Resistance

The coming weeks promise even more gains. Given the historical bullishness of Q4, especially in a halving year, Litecoin (LTC) is among the best cryptos to invest in.

Industry experts believe a new ATH—crossing the 2021 peak of $412—isn’t out of the question, making it a bet worth taking.

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