The CEO of Ripple, Brad Garlinghouse, said that the future of US cryptocurrency regulation depends on the 2024 elections. However, against such a background, analysts note that many low-cost coins are expected to grow very fast any time soon.
Here are five tokens that create much excitement among traders: DTX Exchange (DTX), Stellar (XLM), Cardano (ADA), Jupiter (JUP) and Fantom (FTM). While many show green on the price charts as established cryptos, DTX Exchange is a rookie. But this Stage 2 presale star has soared by 100% and may become the next $1 crypto in 2024.
DTX Exchange (DTX): The Presale Gaining Worldwide Attention
DTX Exchange (DTX) has emerged as one of the leading players in the crypto market thanks to its strong presale showing. Having already raised more than $1M, it is poised to touch $2M before July 2024 ends. This achievement has not gone unnoticed by influential YouTube channels such as Crypto Volt, who think this crypto may revolutionize online trading.
The thing that makes DTX Exchange unique is its hybrid trading model, which combines CEX and DEX. This makes it possible for users to trade up to 120,000 assets, including gold, bonds, and cryptocurrencies, without any mandatory KYC. These features will appeal greatly to privacy-oriented traders, potentially bringing millions on board.
The DTX utility token underpins everything done on this platform, affording holders various privileges. By holding this crypto, you will receive access to advanced analytics tools, reduced trading fees and more. You will also enter a $1M giveaway if you buy $100 of DTX during its presale. Ten people will each win $100K in this giveaway – a major incentive.
Currently, DTX costs only $0.04 as it is in Stage 2 of its presale. Those who bought it early on are enjoying a 100% ROI. But, this price will reach $0.06 once Stage 3 begins – a 50% ROI if you buy it now. Due to all these reasons, market analysts foresee a rise to $1 once a Tier-1 CEX lists DTX in Q3 of 2024 – making it the best crypto to watch.
Stellar (XLM): A Bold Statement
Stellar (XLM) is a cryptocurrency considered undervalued with lots of room for growth. Recently, on its X platform, Stellar announced that it will be responsible for driving the next wave in DeFi. On the price charts, the Stellar coin value fell nearly 25% in the past year alone.
However, the Stellar technical analysis paints a more bullish picture. For example, around 18 technical indicators are in the buy zone for XLM. Due to all this bullish Stellar news and indicators, market analysts remain confident in its growth. They forecast a surge to $0.14 within Q3 of 2024 for this crypto.
Cardano (ADA): May Hit $13
Next, we will discuss Cardano (ADA), another powerful force in the crypto market. According to CoinMarketCap data, in the past 12 months, the price of ADA rose over 30%, and the Cardano market cap grew from $10B to $15B. Analyst TapTools claims that the Cardano coin may reach the $13 level if history repeats itself.
The technical analysis for ADA also supports this statement. Notably, 15 technical indicators are in the green for Cardano. As a result, experts in the crypto field have made a bullish Cardano price prediction. They foresee a jump to $0.58 before Q3 of 2024 ends.
Jupiter (JUP): On Track To Reach $10
Jupiter (JUP) is another crypto trading in the green. CoinMarketCap data shows that the price of JUP surged over 35% on the YTD chart. Crypto analyst Browski claims that Jupiter may jump to $10.
From a technical analysis perspective, the future of the Jupiter coin appears bright. For instance, around 15 technical indicators are in the buy zone for this crypto. Market analysts note all these factors when making their Jupiter price predictions. Thus, they predict that JUP will trade at $1.26 within Q3 of 2024.
Fantom (FTM): New Partnership With Alchemy
Last, we will discuss Fantom (FTM), a crypto that has been making headlines recently. Notably, Fantom announced that it will partner with Alchemy. With this development, Alchemy will be a key launch partner for Sonic. It will also bring access to private and public RPC endpoints.
The Fantom crypto value movement rose over 80% in the past 12 months and the Fantom market cap also jumped from $700M to $1.30B. Moreover, four technical indicators are in the buy zone. Due to this Fantom news and indicators, experts forecast a surge to $0.62 before Q3 of 2024 ends.
Closing Remarks on These Promising Undervalued Tokens
DTX Exchange, Cardano, Jupiter, Stellar, and Fantom seem promising enough to grow exponentially. But, DTX Exchange has an advantage – a low market cap and connections to multiple trillion-dollar financial markets. To clarify, DTX will soar faster than its peers and remain more stable in the long run. If you wish to buy it, sign up for its presale using the links below.
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