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The crypto market picks up steam, with sentiment becoming euphoric. Similarly, the ICO world gains significant traction as the search for the next big thing intensifies. Topping this list is DTX Exchange (DTX), a new altcoin at the intersection of TradFi and DeFi, inching closer to the $6 million fundraising goal.
Its significant upside potential drives demand among ApeCoin (APE) holders. As it prepares to shake the crypto market, it is believed to be a better pick than TRON (TRX)—a new DeFi project to watch out for.
DTX Exchange (DTX): A Good Crypto to Buy
DTX Exchange (DTX) is one of the new ICOs primed to shake up the crypto world after its debut. It is as solid as they come, aiming to transform the $10 billion global trading space via a hybrid approach. This, alongside its huge growth prospects, sparks a buying frenzy, pushing it above $5.7 million in presale.
In round 4 of the ICO, a token is massively undervalued at $0.08, teeming with potential. Industry experts are optimistic about explosive growth after listing on Tier-1 exchanges, forecasting a 100x upswing. Unsurprisingly, ApeCoin (APE) holders have been betting big as it prepares to overtake TRON (TRX) in gains.
Its unique offering will be a hybrid exchange platform—one of its biggest attractions. Besides combining the best elements of centralized and decentralized exchanges, it aims to bridge the gap between traditional and decentralized finance through a unified blockchain. Meanwhile, the DTX tokens will have real-world applications besides trading fees, notably participation in tokenized assets and governance via staking.
ApeCoin (APE): 58% Jump in the Past 7 Days
ApeCoin (APE) is a governance and utility token within the APE ecosystem. As a governance token, it empowers and incentivizes a decentralized community, with token holders governing themselves. Its performance in the past few days has been nothing short of spectacular.
The ApeCoin price exploded from $0.7 to retailing above $1.1 on the weekly chart—a 58% upswing. This significant price leap is at the heart of the current market buzz and token holders couldn’t be more excited.
While the fear of a pullback looms, analysts believe its run is just starting. Considering the market is yet to experience the much-anticipated Q4 rally, ApeCoin (APE) couldn’t be out of steam this early. It is tipped to end the year above $10, positioning it among the best cryptos to invest in.
TRON (TRX): Price Consolidates
The Layer-1 token and blockchain TRON (TRX) is a popular player in the crypto scene. It is a top-ten cryptocurrency and ranks high on the altcoin list, above Toncoin (TON) and Cardano (ADA). While it had its best run in August, driven by the buzz around TRON memes, recent performance has been largely underwhelming.
Despite rising sentiment, the TRON price consolidates on shorter timeframes, with no clear bullish direction. In the past 30 days, a mere 5% uptick has been recorded, prompting the search for more promising altcoins. It trades above $0.16, with experts predicting a potential fall below $0.15.
However, a more bullish TRON price prediction suggests a rally above $0.2 in the coming weeks, especially if Bitcoin (BTC) crosses $70,000. With its next price action uncertain, TRON (TRX) is one of the altcoins to watch.
Conclusion
The remarkable performance of DTX Exchange (DTX) in presale is due to its novelty as a hybrid trading platform at the intersection of CEX and DEX. Its staggering upside potential is another, capturing the attention of ApeCoin (APE) holders. On track to outperform TRON (TRX), it is the best new crypto to invest in.
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