Retail investors are back in the crypto market, trying to find the best crypto to buy before the crypto summer of 2024. Their job is made a little daunting, as there are thousands of cryptocurrencies out there. Fortunately, experts have picked one crypto that could offer investors massive profit this year out of the list – DTX Exchange, Polkadot, and Bitcoin Cash.
DTX Exchange (DTX): Analysts Predict 50x Price Surge for New Altcoin
DTX Exchange (DTX) is one of the best crypto exchanges in the market right now. This is because DTX links you with a platform through which you can trade over 120,000 different products because it links crypto to the global market. Stocks, bonds, forex, commodities, and bonds are all available to be traded or invested in.
A large collection is not the only thing DTX offers, as it was designed to make trading easier and stress free for everyone. The DTX Exchange also stands unique for its commitment to user privacy. You do not need a KYC pass on DTX Exchange like on other platforms.
Security is another place where the DTX Exchange excels, providing users with one of the safest crypto wallets available. The DTX Wallet was designed to allow users store, send, receive, and manage their funds in a convenient way. It has security measures that safeguard your resources from hackers. Meanwhile, with regard to its token, DTX Exchange’s native token, its presale has commenced.
The exchange token is currently priced at $0.04, following a 100% increase from its first presale round. It is used to cover fees and complete transactions on the DTX Exchange. Analysts have forecasted that the value of this token will increase by 50x in 2024, positioning it as the best coin to invest in.
Polkadot (DOT) Faxes Strong Resistance At $8
After suffering losses during the last two months, Polkadot (DOT) is on a price recovery. In the last week, Polkadot’s price has climbed by 8.8%, according to CoinMarketCap data. In the meantime, Polkadot crypto is running into opposition at about $8.
The DOT altcoin price can climb even higher towards $9.0 and then $10 if this resistance is turned into support. Should the breach fail, Polkadot’s price may fall to $6.8. Should the token fall below this, it would once more drop to the $6.3 price range.
Bitcoin Cash (BCH) Price Forecast
The price of Bitcoin Cash (BCH) has been bullish in the past week, with bulls leading a rally to the local top of $524 from a low of $443. This price increase has pushed the gain on the weekly chart to 11.0% and reduced the loss on the monthly timeframe to 1.2%.
Despite some volatility, the Bitcoin Cash price remains higher than the $500 support. Analysts have projected a bullish price action for Bitcoin Cash going forward. According to them, the altcoin might reach $700 in the upcoming weeks.
In Conclusion
While Polkadot has been in the green and Bitcoin Cash is in the red, analysts have predicted that the best cryptocurrency to invest in as we venture into another bull market will be DTX. They think that DTX Exchange has a higher potential of generating huge profits primarily because it has a low market capitalization and is linked with various markets.
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
