Experts bet on ADA, TRX and new hybrid exchange-based token
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With “Uptober” around the corner and a bull run anticipated, Cardano, TRON, and the emerging DTX Exchange are positioned as top picks.
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October, popularly called “Uptober” in the crypto scene, is just days away. With this set to be the start of the anticipated bull run, given Q4’s historical uptrend, experts have been making bold bets.
In the race to $1, Cardano (ADA) and TRON (TRX) have emerged as top picks. A surprising addition is DTX Exchange (DTX), an emerging altcoin at the crossroads between traditional and decentralized finance—a hybrid trading platform. Its impending transformation of the global trading landscape and growth prospects make it a new favorite.
DTX Exchange: Tipped to hit $1
DTX Exchange is a novel hybrid exchange platform that combines key elements of centralized and decentralized exchanges. Given the critical challenges facing both trading types, it strikes a balance: an intuitive user experience while maintaining the security and privacy benefits of decentralization.
In addition to its hybrid model, other key aspects of the protocol include smart contracts, an on-chain order book and distributed liquidity pools. Smart contracts facilitate secure and automated transactions, while an on-chain order book maintains a transparent record of all buy and sell orders, boosting transparency.
The above will see it transform the $3.2 billion global trading market, rightfully hailed by experts as the best new crypto to invest in. In round 3 of the presale, a token costs $0.06, with plenty of room to run as it sails toward $1 after listing. Tipped to reach this mark earlier than Cardano and TRON, DTX is a new DeFi project to watch out for.
Cardano: $1 in the coming months
Cardano, a leading DeFi solution and service, is a top 15 cryptocurrency by market cap. On the altcoin list, it ranks high, boasting market dominance. Its unique offerings center around a platform for decentralized apps (dApps).
The recent Chang hard fork introduced on-chain governance into the Cardano network. Amid rising sentiment, the Cardano price is up, reflecting broader bullish trends. There has been a 9% upswing in the past 7 days, trading above the $0.36 mark.
Meanwhile, a Cardano price prediction hints at further upswings before the year’s end. The current Cardano all time high is $3.1 and experts predict a jump past $1 in the coming months. With more room for growth, it is one of the best cryptos to invest in.
TRON: Rocketing past current ATH
TRON, another Layer-1 cryptocurrency, is set to register a new peak before the curtain closes on the year. It has been one of the biggest highlights in the year’s third quarter, fueled by the rise of TRON memes.
The emergence of TRON-based memes caught many off guard but sparked excitement among enthusiasts. These memecoins are among the trending crypto projects, hot on the heels of Ethereum and Solana memecoins. Another exciting development is the total number of accounts on the TRON network exceeding 260 million.
Given the above, the TRON price is on track to hit $1 this year. The current ATH is $0.3, registered in 2017, approximately 7 years ago. However, with another full-blown bull market on the horizon, more bullish considering it is a halving year, TRX is among the best coins to invest in.
Conclusion
In the race to $1, DTX Exchange, an emerging altcoin with no bull market history, has been tipped to outpace Cardano and TRON. Its impending transformation of the crypto trading scene and its blend of DeFi and TradFi paint a bullish picture.
To learn more about DTX, visit the presale website, the official DTX website and join the DTX community.
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