This period, identifying promising altcoins is crucial, sparking a shift from top crypto coins like Ethereum (ETH) and Ripple (XRP) to new ICOs. With Q4 promising to be the most explosive, investors are on the lookout for the next big thing.
Buzzing with potential, DTX Exchange (DTX) is a new player at the crossroads between TradFi and DeFi. Its integration of conventional financial instruments with Web3 products via a unified blockchain sets the stage for massive growth.
DTX Exchange (DTX): On Track for 100x Gain
DTX Exchange (DTX), a new altcoin, has been hailed as the best crypto investment. As an emerging cryptocurrency with huge growth prospects, it is on track to perform better than established players like Ethereum (ETH) and Ripple (XRP).
By blending the best elements of centralized and decentralized exchanges, DTX aims to address key challenges in the $10 billion global trading market. This includes financial exclusion and global inaccessibility to markets and assets. Notably, its wallet-based trading embraces financial inclusion by allowing users to trade diverse assets directly from their crypto wallets.
With adoption all but certain, there has been massive demand. Over $2.8 million has been raised in early funding, hailed by experts as the best presale. Meanwhile, a token costs only $0.06 in round 3 of the ICO, with plenty of room for growth. According to forecasts, it is on track for a 100x upswing after listing—a new DeFi project to watch out for.
Ethereum (ETH): A Bullish Breakout Above $2,600
Ethereum (ETH), the leading altcoin, finally broke out. Exerting market dominance, it trades on the upside, leading the week in gains. An overall market rally and rising investor sentiment are behind its latest upswing.
Amid rising FOMO, the Ethereum price soared 14% on the weekly charts. It trades above $2,600, signaling a bullish breakout. This clears a path toward $3,000, prompting analysts to hail it as the best crypto to invest in.
Expected to play a significant role in its bull run in Q4 are inflows into Ethereum ETFs. Despite the slow start to life on Wall Street, the investment product is set for massive adoption.
Ripple (XRP): 3% Upswing on the Weekly Charts
Ripple (XRP), a top crypto and payment-based cryptocurrency, is among the best altcoins. In addition to the key role it plays in the crypto space, its clear regulatory landscape contributes to its attraction.
In August, the fintech company, Ripple, was ordered by a court to pay the SEC $125 million in penalties. This signals the end of a four-year-long legal tussle, boosting confidence ahead of the highly anticipated Q4.
Meanwhile, the XRP price soared 3% in the past 7 days. It trades near the $0.6 support, with further gains anticipated. According to an XRP price prediction, it will likely close the month above $0.8, putting it in the spotlight.
Conclusion
DTX Exchange (DTX), a new altcoin that combines key elements of centralized and decentralized exchanges, is set to outpace Ethereum (ETH) and Ripple (XRP). With plenty of room for growth, not forgetting its impending adoption, it is one of the best cryptos to invest in.
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