Steve Kurz predicts July arrival for ETH ETFs; 5 tokens set to soar

Ethereum ETFs are poised for approval in July, potentially boosting promising tokens like DTX Exchange, Ripple, Chainlink, Tron, and Polygon.

Steve Kurz of Galaxy Digital has recently predicted that Ethereum ETFs will be approved in July. Apart from Ethereum, a number of other promising tokens could benefit from this development. DTX Exchange (DTX), Ripple (XRP), Chainlink (LINK), Tron (TRX), and Polygon (MATIC) are some of them.

While some are well-known cryptos, DTX Exchange is a Stage 2 presale lead that has already raised over $800k and may reach $1m before July 2024 ends. Analysts even hint it could reach $0.5 in 2024.

DTX Exchange: Attractive presale performance

Quickly gaining ground in the crypto world, DTX Exchange (DTX) has already provided early buyers with a 100% ROI. This number is expected to rise by 50% once Stage 3 of the presale begins. Even crypto analyst Candy Gems states that this project has done excellent work so far. Global traders have confidence in this upcoming trading platform.

DTX Exchange will introduce a hybrid trading platform that combines the best CEX and DEX features. In this model, users can access more than 120K assets, including forex, commodities, and cryptocurrencies, while bypassing KYC checks that may violate user privacy. Because of this, DTX Exchange may become a fan-favorite for privacy-conscious traders.

At the core of this platform will lie the DTX utility token. Holding this crypto will give users access to advanced analytics tools, governance voting rights, and reduced trading fees. Not only that, but those who buy $100 of DTX in its presale will automatically enter a $1m giveaway. In this giveaway, ten lucky individuals will receive $100k each.

One DTX is worth $0.04 as it is in Stage 2 of its presale. As the presale advances, this price will soar. Market analysts predict that DTX will be worth $0.5 once a Tier-1 CEX lists it in Q3 of 2024.

Ripple: Might pull a huge rally

Next, we will discuss Ripple, another powerful force in the crypto market. According to CoinMarketCap data, the Ripple price increased by 1% on the YTD chart. Crypto analyst Mikybull Crypto remains bullish on this token. In his X post, Mikybull claims that the Ripple coin may see a huge 2017 rally given its current PA path.

The technical analysis for this token also displays a bullish picture. For instance, Ripple now boasts over 15 technical indicators in the buy zone. As a result, market analysts have made a new Ripple price prediction. They foresee the price of XRP reaching $0.60 before Q3 of 2024 ends.

Chainlink: New partnership with Sygnum and Fidelity

Chainlink is another crypto that has been making headlines lately. Notably, Sygnum announced that it has joined Fidelity to partner with Chainlink to provide fund NAV data on the chain. This data will power the Fidelity Institutional Liquidity Fund, which currently has $6.9b in holdings.

Thanks to this bullish Chainlink news, its value may rise soon. The Chainlink crypto has seen a price surge of over 110% in the past year alone. Also, around 18 technical indicators are showing green signals for LINK. Therefore, experts predict that Chainlink will trade at $17 within Q3 of 2024.

Tron: New ATH in the TRX staking rate

Tron is a crypto that is showing some exciting developments. Recently, analyst Dendorion pointed to a significant milestone for Tron. In his X post, Dendorion stated that a new ATH in the Tron coin staking rate was achieved with 53.04%. More traders are getting interested in staking TRX at the moment.

The Tron coin value has surged over 65% on the YTD chart. In addition, the Tron market cap increased from $6.93b to $11.27b in that period. Because of all this bullish Tron news, market analysts foresee TRX trading at $0.15 before Q3 of 2024 ends.

Polygon: A potential 35x move upward

Last, we will mention Polygon, a volatile crypto. According to CoinMarketCap data, the Polygon price fell over 20% on the year-to-date chart. However, market analyst Crypto Patel remains bullish about this crypto. Patel states that a potential bullish pennant is now occurring, which may trigger a 35x rally for the Polygon crypto.

Not only that, but the technical analysis of this crypto suggests that the price of MATIC will continue rising. MATIC is currently trading above its 200-day EMA while having four technical indicators in the green. As a result, experts have made a bullish Polygon price prediction—reaching $0.64 within Q3 of 2024.

Conclusion

With Steve Kurz from Galaxy Digital predicting that Ethereum ETFs may arrive in July, many crypto values may rise. For instance, DTX Exchange, Ripple, Chainlink, Tron, and Polygon boast tremendous growth potential. However, the DTX Exchange stands out – it has connections to the $133t bonds market and a low market cap.

To learn more, visit the DTX presale, read the Whitepaper and join the DTX community.