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The crypto space is heating up once more, with South Korea’s FSC considering lifting the ban on spot crypto ETFs. Thanks to this event, people are looking at some crypto currencies with great growth potential. Experts have pointed to three of the best cryptos that fit this description: Dogecoin (DOGE), DTX Exchange (DTX), and Toncoin (TON).
DOGE and TON are seeing good price growth, while DTX is the hottest new ICO. This rookie in phase three of its presale has already raised over $4M and may hit $5M before this month ends. Some experts even hint that DTX has a 30x potential.
Elon Musk Causes Dogecoin (DOGE) Hype
Dogecoin (DOGE) is getting attention at the moment thanks to a familiar name: Elon Musk. Recently, the official Dogecoin X account posted that Musk featured a Shiba Inu in his new Robotaxi project. Afterward, the Dogecoin price skyrocketed as CoinMarketCap showed growth of around 8% on the monthly chart.
Dogecoin (DOGE) is trading between $0.10 and $0.11. Additionally, the Dogecoin crypto trades above its 10-day EMA of $0.105 and its 50-day EMA of $0.108. The RSI of this crypto currency also sits at 49, which shows an upward trajectory. Due to all these factors, market analysts have made a bullish Dogecoin price prediction. They foresee a rise to $0.14 before the end of this quarter.
DTX Exchange (DTX) Seen as a Rising DeFi Star
DTX Exchange (DTX) is getting worldwide attention as it could change online trading forever. Currently, trading platforms often focus on one asset class. However, the DTX Exchange will change this by allowing people to trade over 120K asset classes, including stocks, bonds, crypto currencies, etc. Not only that, but DTX Exchange will close the gap between centralized and decentralized exchanges by combining the best features into one.
Privacy-conscious traders may look at DTX Exchange as their haven since it will not require any sign-up KYC checks as well. These checks can be very intrusive and time-consuming. DTX Exchange will let traders use up to 1000x leverage on all assets. This feature maximizes trader profit while minimizing their risk.
Those looking to back this project are now buying its native token, DTX. This crypto currency is now in phase three of its presale with a value of $0.08 – over a 200% rise from its starting price. However, phase four and a price jump to $0.10 are on the horizon. Experts predict another 30x surge after a Tier-1 crypto exchange lists DTX soon.
Ledger Live Integrates With Toncoin (TON)
Toncoin (TON) is another crypto coin that is showing some exciting developments. Notably, Toncoin announced a new Ledger Live integration. Thanks to Ledger Live collaborating with Zondax, people can manage their Toncoin crypto natively in the Ledger Live crypto wallet.
Thanks to this Toncoin news, interest in this token may rise. Toncoin (TON) trades between $5.26 and $5.19, a 1% drop in the past month alone. However, the relative strength index (RSI) for the Toncoin crypto sits at 41, showing an upward trend. This crypto currency is trading above its 9-day Hull moving average of $5.03. With all these good signals, experts predict a potential jump to $6 before October ends.
What May the Future Hold for Dogecoin (DOGE), DTX Exchange (DTX), and Toncoin (TON)?
The crypto market is poised to see good growth thanks to Dogecoin (DOGE), DTX Exchange (DTX), and Toncoin (TON). All these crypto currencies have the potential to shine, but one stands out: DTX Exchange.
This rookie has a smaller market cap than the others, which means faster returns for new traders. Plus, DTX Exchange will have connections to many markets like the $133T bonds one – potentially giving it more stability than its peers. Thus, experts view DTX as the best crypto investment right now.
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