Over the years, many crypto projects have skyrocketed from their ICO price and made investors huge returns on investments. Binance coin (BNB) is a sensational story, having risen from an ICO of around $0.15 to an all-time high of about $710 this year, an increase of over 473,000%.
According to rumors in the crypto community, history may be repeating itself through a newcomer in the market, DTX Exchange (DTX). Analysts say DTX’s incorporation of a hybrid trading platform and other features makes it one of the best altcoins to watch out for. Meanwhile, Ripple just won the Power Of Payments Award.
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Binance Coin (BNB) Price Rallies See Price Target
Binance Coin (BNB) is among the top crypto coins in October with gains despite the volatility in the market. The value of Binance Coin crypto has increased by 4% on the weekly timeframe and 7% on the monthly timeframe. The Binance Coin price has reached a weekly high of $592.25, crossing the $590 mark for the first time this month.
Altogether, these increases show that BNB has many bullish investors in its market. Besides, the cryptocurrency is trading above the 50-SMA ($554.93) which is a bullish signal. Thanks to this bullish momentum, more buyers could enter the market in the coming weeks. Analysts say the value of Binance Coin BNB could pump to $850 in the next few weeks.
Ripple (XRP) Wins Major Award
In a recent tweet, Ripple (XRP) announced that it just won this year’s Power of Payments Winner for Best Fiat/Crypto Payments. This award is good news for the crypto payment industry and shows that investors are opening up to the usage of cryptocurrencies for payment. Following the news, the price of the Ripple coin has increased by 3.4% on the weekly timeframe.
However, it still has a loss of 8% on the monthly level. Analysts are hoping the upsurge will continue in the coming weeks, given the high expectations for Ripple crypto. Ripple (XRP) must surpass the resistances at the 200-SMA ($0.554657) and 50-SMA ($0.561249) to continue an uptrend. If this scenario plays out, the Ripple price could pump to 0.7982 in the next few weeks.
DTX Exchange (DTX): The New ICO For BNB-Like Profits
DTX Exchange (DTX) has risen to be one of the most prominent presales in the crypto market now. The early users have even made a profit of 200%, and now experts believe that the DTX Exchange price will pump 10,000% in the coming months from a current price of $0.08. DTX Exchange already has $4.82 million raised and is heading hard to reach $7 million before November.
DTX Exchange is the bridge between centralized and decentralized trading platforms, making it a hybrid trading platform. Also, it uses a dual-chain model (operating on both Solana and Ethereum) along with advanced trading tools to be made available for the retail trader. Unlike other platforms, DTX Exchange offers access to over 120K assets, including cryptocurrencies, ETFs, forex, indices, stocks, and CFDs, providing more financial instruments to invest.
With the high-speed execution, Quant and Algo trading options, and more, DTX Exchange is expected to perform well. DTX Exchange even has a Loyalty bonus system that rewards active traders. Other features, such as staking options and the right to governance, also set the platform apart from the rest of the market, making DTX one of the best coins to invest in.
DTX Exchange To Mirror Binance Coin ICO Success
While Ripple (XRP) enjoys its new award, the focus turns to DTX Exchange as the emerging dominant force in the crypto market. Given the likelihood of emulating the success of Binance Coin (BNB), many investors are beginning to take an interest in the highly promising DTX token.
Early investors and traders who are looking for the best crypto to buy have a first-hand chance of investing in what may turn out to be the next Binance Coin (BNB).
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