DTX Exchange (DTX): A Must-Have Altcoin to Bet on in Q4 2020

The huge participation in its initial coin offering (ICO) earns its praises of the best presale, gearing up to shake the crypto market

The US election has sparked huge volatility in the cryptocurrency market, making it an opportune time to identify promising altcoins for optimal gains. Among the emerging contenders is DTX Exchange (DTX), a new altcoin that is attracting attention at the crossroads of TradFi and DeFi. It is emerging as a strong contender against top altcoins like TRON (TRX) and Cardano (ADA) in the final quarter of the year.

DTX Exchange (DTX) is a new altcoin to bet on in Q4 It was praised for having the best presale, set to shake the crypto market, and is already pre-listed on CoinMarketCap. Its presale, which raised over $6.7 million, is a testament to its potential. Furthermore, a token is still valued at $0.08 in the fourth round, presenting a low entry point for potential life-changing gains. Top analysts predict it will explode over 6,500%, making it a must-have before TRON (TRX) and Cardano (ADA).

Being the first hybrid trading platform, it will combine elements of CEX and DEX and facilitate the trading of assets across TradFi and DeFi, including stocks, bonds, ETFs, forex and cryptocurrencies. Its solid fundamentals will be complemented by tangible use cases like payments, accessing premium features, participating in tokenized assets, staking and governance in the $3.2 billion global trading market.

TRON (TRX) is eyeing a new peak Layer-1 altcoin TRON (TRX) is one of the best altcoins. The DeFi platform contributes to the creation of decentralized applications. Some of its competitive advantages are low transaction costs and fast transaction speed, making it a favorite destination for developers.

It nosedived after the recent bounce, plummeting over 3% on the weekly chart. The TRON price is above $0.16, aiming for a new peak by crossing the 2018 ATH of $0.3. While the current market condition is volatile, the coming weeks promise sustained bullish pressure.

Further gains are suggested by key indicators like the Exponential Moving Average (50) at 0.1589 and the Simple Moving Average (50) at 0.1586, which puts TRON (TRX) on investors’ radars as one of the altcoins to watch.

Cardano (ADA) is set to hit $1 by the year’s end Another popular DeFi platform, Cardano (ADA), is a top destination for crypto enthusiasts. The Layer-1 blockchain platform contributes to the creation of dApps (decentralized applications), which has led to its rise as one of the top altcoins.

It was down over 4% in the past week but gained on the daily charts. The Cardano price is above $0.34, inching closer to a breakout above $0.4. Meanwhile, top analysts predict a rally above its March high of $0.77, which could see it hit $1 by the year’s end.

The conclusion of the US election may serve as a bullish catalyst for Cardano (ADA), alongside other technical indicators. These include the MACD Level (12, 26) at 0.003 and the Simple Moving Average (10) at 0.345, which are bullish signals.

Conclusion DTX Exchange (DTX) is set to be at the forefront of the global trading market, given its blend of DeFi and TradFi. It is poised for mass adoption and has more upside potential as a low-cap gem than top crypto coins like TRON (TRX) and Cardano (ADA).

The above is the detailed content of DTX Exchange (DTX): A Must-Have Altcoin to Bet on in Q4 2020. For more information, please follow other related articles on the PHP Chinese website!