The most recent news in the crypto market is that Kamala Harris might be speaking at a Bitcoin conference soon. David Bailey revealed this information after saying he was negotiating with her team. With the potential endorsement of cryptocurrency becoming more likely, analysts have started naming altcoins that could see massive growth this summer.
DTX Exchange (DTX), Toncoin (TON), Ethena (ENA), Sui (SUI), and Ondo (ONDO) were listed among the best options. While most are well-established altcoins, DTX Exchange stands out as a Stage 2 presale sensation that has already raised over $1M and may reach $2M before July 2024 ends. Some analysts even see this rookie becoming the next 50x altcoin this year.
DTX Exchange (DTX): Among the Best Altcoins To Buy
DTX Exchange (DTX) is quickly becoming a powerhouse in the altcoin space. Its ongoing presale performance has been stellar, providing early buyers with a 100% ROI. Even major crypto influencers such as YouTuber Crypto League claim that DTX Exchange is the future of trading.
By combining elements from CEX and DEX, DTX Exchange boasts a hybrid trading platform that enables users to trade over 120,000 asset classes, including stocks, bonds and cryptocurrencies. Moreover, users can access them without undergoing KYC checks. This emphasis on privacy and security should attract many privacy-conscious traders.
The DTX utility token powers the platform. Holding this altcoin will give traders access to advanced analytics tools, governance voting rights, and reduced trading fees. Further incentives include a $1M giveaway for holders of $100 worth of DTX during the presale, where ten winners will each receive $100K.
DTX has a price of $0.04 as it is in Stage 2 of its presale. However, this price will sit at $0.06 once Stage 3 begins. Additionally, market analysts forecast a 50x jump for DTX once a Tier-1 CEX lists it in Q3 of 2024. This makes DTX one of the best altcoins to invest in.
Toncoin (TON): DeFi TVL Keeps Growing
Next, analysts have placed Toncoin (TON) on this promising altcoin list. Recently, there was some exciting Toncoin news, as Tonkeeper highlighted that TON’s DeFi TVL grew by 50x over the last year alone. This achievement shows the level of interest that Toncoin possesses.
The Toncoin crypto value has increased over 380% in the past 12 months. Additionally, around 11 technical indicators are in the buy zone while this altcoin trades above its 50—and 100-day EMAs. As a result, experts in the crypto field forecast a surge to $8.30 before Q3 of 2024 ends for Toncoin.
Ethena (ENA): One of the Altcoins To Watch
Ethena (ENA) is another altcoin that has been making headlines recently. Crypto analyst Astekz recently made an X post stating that the Ethena price may reach $0.772 soon. According to CoinMarketCap data, its past value movement has fallen nearly 30% on the YTD chart.
However, the technical analysis of the Ethena coin paints a more bullish picture. For instance, around five technical indicators are now in the buy zone for ENA. Due to all these reasons, other analysts also forecast a jump to $0.60 within Q3 of 2024 in their Ethena price prediction.
Sui (SUI): New Integration With Amazon Web Services
Another altcoin is also riding a bullish wave – Sui (SUI). Recently, Sui announced that it has integrated with AWS Startups. With this development, Amazon Web Service’s Blockchain Node Runners will now come to Sui. Therefore, builders can deploy Sui nodes within the AWS ecosystem.
The Sui crypto value has jumped over 20% in the last year alone. Moreover, this altcoin trades above its 50-day EMAs and has six green technical indicators. Due to all this bullish Sui news and indicators, experts predict a surge to $1.45 before Q3 of 2024 ends.
Ondo (ONDO): Starting a New Cycle
Last, analysts have picked Ondo (ONDO). CoinMarketCap data shows that the Ondo price increased over 500% in the past 12 months. Moreover, crypto analyst Altstreet Bets remains bullish for this coin. His X post claims that the Ondo crypto is starting a new cycle and may skyrocket to $4.39.
The technical analysis of the Ondo coin supports this claim. For instance, this altcoin now boasts around five technical indicators. As a result, other market analysts foresee a jump to $1.31 in their Ondo price prediction within Q3 of 2024.
Closing Remarks on the Top Altcoins
The possible presence of Kamala Harris at the Bitcoin conference highlights the growing respectability of cryptos. Many altcoins may see huge gains as the market reacts to such events. DTX Exchange, Toncoin, Ethena, Sui and Ondo stand out.
However, DTX Exchange may provide bigger returns as it has a lower market cap and ties to the $133T bonds market. In other words, DTX may soar much faster than its peers. If you wish to buy this altcoin, sign up for its presale using the links below.
