According to data, November has consistently been the most profitable month for the crypto market. This is why many top experts predicted that many altcoins could see a powerful uptrend heading into November, with a few having the potential to propel the bull market of Q4.
Using several analyses, the best altcoins to buy now are Cardano (ADA), Ripple (XRP), and DTX Exchange (DTX). According to analysts, Cardano (ADA) could be worth $0.6500. TheTraderRoom says that the Ripple price might reach $0.9500. The DTX Exchange coin could see a 300% price surge.
BitcoinOS and EMURGO Partners To the Liquidity of Cardano (ADA)
BitcoinOS is collaborating with EMURGO, the developer of the Cardano blockchain, to allow ADA users access to Bitcoin. The announcement was made during the Cardano Summit 2024. EMURGO claims that this collaboration benefits Cardano’s DeFi market by introducing the potential of DeFi on Bitcoin to developers and the ADA community.
The partnership will allow Cardano (ADA) to seize the $1.3T Bitcoin market opportunity by connecting BitcoinOS’ Grail Bridge to Cardano (ADA) using zero-knowledge protection. In other news, the Cardano coin is still showing bearish movement. The ADA coin has been trading around the $0.3 level for two weeks, based on CoinMarketCap data.
Still, analysts forecast the value of Cardano ADA could rise in the coming weeks. First, the cryptocurrency must surpass the resistances at 50-SMA ($0.354583) and 200-SMA ($0.408509). Sunfire forecast that the value of the ADA coin could soar past $0.6500 soon.
Ripple (XRP) Partners With IBM To Improve Garanti BBVA Kripto’s Trading Platform
Garanti BBVA Kripto is focusing on enhancing the security of trading in crypto assets with a partnership with Ripple (XRP) and IBM. In the press release, the Ripple (XRP) team explained that Ripple Custody, in collaboration with IBM, will help Garanti BBVA “to develop and implement institutional-grade key management solutions with features that optimize security for private key, applications and data.”
The recent partnership comes as the Ripple coin consolidates at the $0.5 level, based on data on CoinMarketCap. The ongoing battle with the US SEC has affected investors’ confidence in the cryptocurrency. Nevertheless, analysts believe this time will pass. To break out of the bearish grip, the Ripple crypto must breach the resistance at the 200-SMA ($0.541391) and 50-SMA ($0.560288). TheTraderRoom predicts that the price of the Ripple token could surge to $0.95000 in 2024.
DTX Exchange (DTX) Solves the Issues of Trading With Conventional Platforms
Over the years, traders on conventional exchange platforms have complained about problems like delayed order processing, high fees and poor security. To this end, DTX Exchange is coming up with a platform that will give users a comprehensive experience. DTX will offer a faster execution speed of 0.4ms and use blockchain technology and AI to solve the issue of security and slow order processing.
Combining the best of CEX and DEX models, DTX Exchange will give traders access to more trading assets like cryptocurrencies, commodities, stocks, options, indices, etc. The platform will also have a user-friendly interface and advanced trading tools to increase users’ chances of making more profits. DTX Exchange is currently in the presale phase and is priced at $0.08.
Early investors have been able to get a 300% ROI and look forward to a bright future. Its capacity to provide speed, security, and access to more assets makes it one of the most promising top DeFi projects to join. As DTX Exchange remains a relatively young platform, it is one of the best opportunities for investors seeking long-term gains in the crypto market.
The Top Altcoins To Buy: Cardano, Ripple, or DTX Exchange?
Taking a look at the crypto experts’ analysis, the best cryptos to invest in right now are Cardano (ADA), Ripple (XRP) and DTX Exchange (DTX). The next few months will bring further clarity and attention to the crypto space. DTX Exchange has also been recently listed on CoinMarketCap, which has brought more attention to the DTX coin. Based on its growth rate, analysts suggest that the DTX coin could skyrocket by 10x before the year ends.
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