The “Uptober” frenzy is picking up, with prices on the verge of exploding. Meanwhile, to make the most of this wave, a previously inactive Solana (SOL) wallet re-awakened, stacking up this new altcoin: DTX Exchange (DTX).
Standing at the crossroads between CEX and DEX while aiming to offer assets across traditional and decentralized finance, DTX is the latest crypto sensation. It is tipped to overtake Toncoin (TON), positioning it as a new DeFi project to keep on the radar.
DTX Exchange (DTX): A New Addition to Investors’ Watchlists
DTX Exchange (DTX) is on investors’ watchlists for various reasons, from its novelty to its staggering upside potential. By taking a unique and hybrid approach to trading, DTX is on course to transform the $3.2 billion global trading market.
Unlike conventional exchange platforms, it will represent the best of centralized and decentralized exchanges. It will balance privacy with security, transparency and accessibility—a one-stop platform that meets all trading needs, including trading assets across TradFi and DeFi. Its staking and governance features add to its attraction.
With over $4.1 million raised in early funding and counting, it might be this year’s best presale. In the third round, a token costs $0.08, providing a low entry to what might be huge gains. Industry experts predict a 70x rally, capturing the attention of Solana (SOL) investors and on course to overtake Toncoin (TON) in gains.
Solana (SOL): On Track for a Monthly Close Above $200
Solana (SOL), a DeFi giant, is an industry leader. The Layer-1 blockchain and smart contract platform facilitate the creation of decentralized apps, or dApps, as they are popularly called in the crypto scene. With its ecosystem rapidly expanding, its outlook is among the most bullish.
Following its remarkable performance in the year’s first half, Solana (SOL) seems to be taking a breather in the second half. It hit $200 between March and April but has since declined, briefly falling below $140 this week.
But with a bounce unfolding, the Solana price is 3% on the weekly hands, changing hands above $140. The coming days are expected to be more promising, provided Bitcoin (BTC) regains the $65,000 support after the recent decline. Tipped to hit $200 before the month’s end, Solana (SOL) is among the best cryptos to invest in.
Toncoin (TON): On Track to Hit $10
Toncoin (TON), the Telegram-based cryptocurrency under the control of the TON Foundation, is one of the top crypto coins. It is among the top 10 cryptocurrencies, highlighting its leading status. However, its sharp decline in August remains fresh in holders’ minds.
The arrest and indictment of Telegram CEO Pavel Durov in August sparked a cascading selloff from $7 to $4. While its recovery hasn’t been swift, given the lingering bearish air in the wider crypto scene, Toncoin (TON) is still on track for a complete bullish reversal.
After the recent dip in price, an uptrend unfolds on the daily charts. The Toncoin price is up, maintaining the $5 support. Meanwhile, a popular Toncoin price prediction suggests a rally above $10 before the year’s end, placing it on the list of the best coins to invest in.
Conclusion
With Solana (SOL) investors doubling down on DTX Exchange (DTX), it is among the new DeFi projects to watch out for. Its potential transformation of the wider trading scene by combining the best elements of CEX and DEX sets it for explosive gains, hot on the heels of Toncoin (TON).
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