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Ethereum (ETH), DTX Exchange (DTX), and Toncoin (TON): Which Altcoin Will Skyrocket?

Linda Hamilton
Release: 2024-09-21 06:11:38
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The altcoin space is preparing for a significant rally after Donald Trump launched World Liberty Financial. This new crypto exchange will be run by his sons, Eric Trump and Donald Trump Jr. Against this backdrop, market analysts are trying to pinpoint which altcoins may surge as interest in this market rises.

Ethereum (ETH), DTX Exchange (DTX), and Toncoin (TON): Which Altcoin Will Skyrocket?

The altcoin market is bracing for a powerful rally following Donald Trump's launch of World Liberty Financial. This new crypto exchange will be overseen by his sons, Eric Trump and Donald Trump Jr. In light of this development, market analysts are attempting to identify the altcoins that are poised to soar as interest in this market surges.

Three altcoins that have captured the attention of market analysts are Ethereum (ETH), DTX Exchange (DTX), and Toncoin (TON).

Prominent market analyst CryptoBullet remains bullish on Ethereum (ETH), highlighting a technical pattern that could bode well for the altcoin's price. Meanwhile, DTX Exchange (DTX) announced that it has opened up 50% of its token supply to the public, attracting interest from both retail and institutional investors. Finally, crypto expert Zubby made a bold statement regarding Toncoin (TON), placing it among the top altcoins to watch this year.

Ethereum (ETH): A Similar Triple Bottom Pattern

Ethereum (ETH) has been on the radar of many investors this year, and for good reason. Recently, the price of Ethereum (ETH) has experienced a slight downturn, with CoinMarketCap data showing a decline of nearly 1% on the weekly chart. However, despite this minor setback, prominent market analyst CryptoBullet remains optimistic about the altcoin's future performance.

According to a recent X post by CryptoBullet, Ethereum (ETH) is currently exhibiting a triple bottom pattern, which is strikingly similar to the one that emerged in 2021. This technical formation, coupled with the upcoming Q4 period, which is typically strong for crypto, could bode well for Ethereum (ETH) price.

With recent bullish remarks from Bitwise CEO Matt Hougan also pointing towards Ethereum’s strengths, this prediction carries some weight. To elaborate, Hougan likened Ethereum (ETH) to Microsoft, highlighting its foundational power, which is yet to be fully appreciated by many. As a result, market analysts are maintaining a bullish stance in their Ethereum price prediction, anticipating a surge to $2,500 before October 2024 ends.

DTX Exchange (DTX): Climbing up the Altcoin List

DTX Exchange (DTX) is a relative newcomer in the altcoin space that has managed to make a strong impression during its presale. This new crypto exchange has already raised over $2.6M and is on track to hit $3M by the end of this month. This figure could quickly escalate as DTX Exchange recently announced that it has opened up 50% of its token supply to the public. Even major crypto influencers like Crypto Nitro are touting it as the next big thing.

DTX Exchange aims to revolutionize online trading by launching a hybrid trading platform that combines the best aspects of CEX and DEX. This platform will allow users to seamlessly trade over 120K asset classes, including FX, stocks, and crypto currencies, all in one place, with up to 1000x leverage. Furthermore, those who value privacy will appreciate that DTX Exchange requires no sign-up KYC checks.

The DTX utility token is currently a hot topic of discussion. This altcoin's price is now at $0.06, as it is in Stage 3 of its presale. However, this value will increase to $0.08 once Stage 4 begins – a 33% rise. Experts predict another 50x surge after this altcoin gets listed on a Tier-1 CEX in 2024. Combining these factors, DTX may become one of the best altcoins.

Toncoin (TON): A Bold Statement

Toncoin (TON) is also grabbing the attention of many as a promising altcoin to watch. Over the past week alone, the price of Toncoin (TON) has risen by nearly 5%, according to CoinMarketCap. Moreover, crypto analyst Zubby boldly claims that Toncoin (TON) is one of the best altcoins to hold in this bull run. He also attributes the rising interest in the Toncoin crypto to Telegram mini-apps.

With the upcoming token airdrops for Hamster Kombat and Catizen in September, Toncoin (TON) could experience a potential surge. Experts in the crypto space anticipate a possible rise to $6 before October ends in their Toncoin price prediction.

Ethereum (ETH) vs. DTX Exchange (DTX) vs. Toncoin (TON) – Which Altcoin Stands Out?

Each of these altcoins could be poised for a significant rally soon. However, DTX Exchange (DTX) appears to have an edge over Ethereum (ETH) and Toncoin (TON). This new crypto exchange has a smaller market cap and ties to the $133T bonds market, which is very bullish. With these benefits, DTX needs less new money for its price to rise and could potentially exhibit greater stability during volatile periods.

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