The year’s first quarter was marked by several peaks. Bitcoin, the flagship crypto, registered an all-time high in March following the debut of BTC ETF on Wall Street. This was followed by a handful of altcoins registering new highs, which the final quarter promises to outperform.
To make the most of this bullish wave, the three altcoins that should be on your watchlists are Ripple (XRP), Cardano (ADA) and DTX Exchange (DTX). Their significant upside potential makes them the most compelling ahead of a full-blown bull market that will be driven by macro tailwinds.
What you'll learn 👉
DTX Exchange (DTX): A Must-Have DeFi Token
DTX Exchange (DTX), an up-and-coming altcoin, not only boasts huge growth prospects but also unique offerings. With no bull market history, it is set to go on several price discoveries, making it a new DeFi project to keep on the radar. Or, in this case, your watchlist.
The presale recently went live and over $1.4 million has been raised. In record time, if we may add. A token costs only $0.04 in the first round of the ICO, with a 40x upswing projected after its listing on Tier-1 exchanges later this year.
A key factor that will be crucial in its ascent is its transformation of the $10 billion global trading market. It takes a unique approach by introducing a hybrid model that combines the best elements of centralized (CEX) and decentralized (DEX) exchanges. The trailblazing exchange protocol will allow the trading of diverse assets across DeFi and TradFi, setting it up for adoption and growth.
Ripple (XRP): Targets $1
Ripple (XRP), a payment-based token, is one of the best altcoins to watch out for in the year’s final quarter. Its underwhelming performance earlier this year can be linked to Ripple’s long-drawn legal tussle with the US SEC. But with a final judgment given—a $125 million penalty—it is poised to skyrocket.
The XRP price seems to have begun its rally, trading against broader bearish trends. It hit $0.6 earlier this week, giving a sneak peek of what to expect in the coming months. With a projected uptick above $1 before year’s end, it is an altcoin to watch out for.
Growing institutional adoption is also expected to contribute to the uptick in the value of the XRP coin. To ride the anticipated bullish wave macro tailwinds like interest rate cuts will usher in, XRP is a compelling altcoin to hold.
Cardano (ADA): Positioning for Gains
Cardano (ADA) rounds off this list, boasting significant upside potential. In addition to its growth prospects, it also plays a key role in the crypto landscape as a Layer-1 blockchain. It provides DeFi solutions and services, facilitating the creation of decentralized applications (dApps).
On the weekly chart, the Cardano price is up by 4%, gaining steam and gearing up to flip the $0.4 support. This is expected to clear a path toward a rally past $1 before the curtain closes on the year. This bullish Cardano price prediction has been making the rounds in the crypto scene, speaking volumes about its potential.
Besides its solid fundamentals and substantial upside potential, growing whale activity further paints a bullish picture. Institutional investors aren’t looking away either; a Cardano ETF is not out of the question as well.
Conclusion
As the final quarter of the year approaches, the best way to position for gains is by betting on XRP, Cardano and DTX Exchange. Their potential is largely unmatched, especially DTX, an emerging cryptocurrency. This altcoin stands at the crossroads between TradFi and DeFi, primed for adoption and significant growth.
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