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$0.5 on the Cards for TRON; Avalanche Maintains Bullish Streak; Analysts are Bullish on This New Presale Token

August 28, 2024 By Crypto Reporter

The crypto market is experiencing a much-needed bounce and sentiment hasn’t been this euphoric in weeks. TRON (TRX), one of the hottest cryptos, targets $0.5, while Avalanche (AVAX) maintains a bullish streak.

At the same time, analysts have high hopes for this new presale token: DTX Exchange (DTX). Its unique offering as the first hybrid trading platform and significant growth prospects drive bullish forecasts. Hailed as the next big thing, it is a new DeFi project to watch out for.

DTX Exchange (DTX): Tipped for a 50x Upswing

DTX Exchange (DTX), an emerging cryptocurrency, has not only captured investors’ hearts but also analysts’. Its unique offerings are too good to ignore, praised as a trailblazer by industry experts. Standing at the crossroads between centralized and decentralized exchanges, it aims to revolutionize the global online trading market estimated to hit $13.3 billion in 2026.

Through a blend of CEX and DEX, it will birth a hybrid trading platform—a one-stop destination for all trading needs. Users can trade thousands of assets spanning DeFi and TradFi, including cryptocurrencies, bonds, stocks, forex and ETFs.

Given its impending adoption, analysts predict a significant 50x rally after its debut. At the current price of $0.04 in the second round of the ICO, it offers a good entry point—perhaps one of the best new cryptos to invest in. With all eyes on this new DeFi project, it is a more compelling alternative than TRON and Avalanche in terms of gains.

TRON (TRX): Targets $0.5

TRON (TRX), the rave of the moment, is a top Layer-1 token. It entered the spotlight this month following the rise of TRON memes. The launch of SunPump further integrates memecoins into the blockchain, hot on the heels of Solana and Ethereum.

The TRON price hit an annual peak of $0.16 in late August. Interestingly, at the start of the year, it traded at $0.1, up by over 100% since then. On the weekly chart, it has soared by over 10%, placing it on the list of the week’s biggest winners.

With further gains on the cards, it is an altcoin to watch out for. The TRON crypto has been tipped to swing past $0.5 before the year’s end. At its current pace, it is well on track, making it one of the best coins to invest in. To make the most of this wave, now is as good a time as any to expand your portfolio.

Avalanche (AVAX): Sights Set on $30 Next

Avalanche (AVAX) is also a Layer-1 blockchain. It is a platform for decentralized applications (dApps) and custom blockchain networks—a vital player in the crypto scene. Today, the Avalanche blockchain is one of the most frequented destinations, thanks to its higher transaction output and scalability.

Riding the market’s bullish wave, it trades on the upside. It exchanges hands above the $25 support, up by 20% in the past seven days. Maintaining its bullish streak, it is one of the best coins to invest in, with the next target being $30, a key price level.

According to bullish forecasts, the Avalanche crypto will soar past $50 in quarter four. While we might not see a new peak this year, currently at $146, a significant jump is on track. Unsurprisingly, savvy investors are already doubling down and betting big—a promising wave not to miss out on.

Conclusion

As TRON sails towards $0.5 and Avalanche maintains its bullish momentum, analysts are confident about DTX Exchange’s potential. Its unique offering as a hybrid trading platform and low entry point make it one of the top coins to invest in.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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