The cryptocurrency market is recording a resurgence in late 2024, powered by considerable developments. Amid the revival, XRP is expected to surge to $0.75, according to Bitget Research’s Chief Analyst, Ryan Lee.
In the meantime, investors are moving to Sui (SUI) and DTX Exchange (DTX), which show promising growth potential. Notably, DTX has massive growth potential with its hybrid platform, which is attracting investors globally. Continue reading for more details!
XRP Set for October Surge: Bitget Analyst Predicts 30% Rise
The crypto market has recorded a late 2024 revival since last week when the US Federal Reserve cut the interest rates by 50 basis points. While ETH and other altcoins recorded impressive gains, Ripple’s native token, XRP, is trailing behind, remaining almost unchanged in the weekly and monthly charts.
Nonetheless, everything will change in October, normally described as a highly bullish month for crypto. While XRP’s performance has been underwhelming on the weekly and monthly scale, other coins have performed quite impressively. But things might change for XRP soon.
In a recent statement, Bitget Research’s Chief Analyst, Ryan Lee, explained the most probable scenario for Ripple’s XRP. The bullish forecast sees XRP record a 30% rise to $0.75. The XRP surge is expected since the general crypto market sentiment is “extremely optimistic,” it might continue rising, mostly if there is positive legal progress in Ripple’s fight against the SEC.
The analyst believes XRP has already broken through a critical trendline, which is considered a bullish signal. On September 30, 2024, XRP was trading at $0.64, up 8.38% in the past week. Analysts say XRP will rise to $0.68 in the first week of October, supported by increased buying pressure.
Sui Reaches the $1 Billion TVL Milestone, Eyes Further Growth
Sui, a rapidly growing Layer-1 blockchain, officially reached the milestone of $1 billion in total value locked (TVL) based on a recent X announcement. The achievement came barely two years after the Sui blockchain introduced its mainnet, highlighting its increased adoption and the growing value executed in its ecosystem.
The increase in Sui’s TVL coincides with major macroeconomic events, including the decision by the U.S. Federal Reserve to slash interest rates and the launch of support measures by the Chinese government.
Since the past year, SUI has grown impressively, gaining over 400% from its record low of $0.36. The recent upward movement proves the volatile nature of crypto markets and investor interest in Sui. More developers and users now choose Sui as their go-to platform for DeFi projects.
On September 30, 2024, SUI was trading at $1.72, up 5.51% in the past week. Experts say SUI will rise to $1.96 in October, supported by increased developments on its network.
The DTX Presale Thrives, Poised for Massive Growth
As the crypto market thrives, XRP and SUI dominate the headlines with considerable gains. Nonetheless, investors are buying into DTX Exchange, which offers the largest gains in the crypto market. The groundbreaking DTX Exchange is making headlines in its presale stage as more investors buy into its lucrative investment opportunities aggressively.
DTX Exchange is designed with many high-quality features, including AI-powered automation methods, risk management tools, and 1000x leverage on investments. With all these crucial features, market experts believe the platform will thrive and compete with established exchanges, supported by its low-cost trading and scalability.
Moreover, investors enjoy increased security and smooth access when using DTX Exchange, which features over 120,000 financial instruments hosted on one platform. The ability to offer reliable on-chain trading of assets and commodities makes DTX Exchange unique compared to the traditional finance (TradFi) platforms.
Interestingly, the DTX presale has raised over $2.8 million in funding, and experts say it will surpass $3 million in the first week of October 2024.
Currently, in Stage 3 of its presale, DTX is valued at $0.06, a 200% gain from the initial value of $0.02. Once the presale transitions to Stage 4, DTX’s price will increase to $0.08, a 33% ROI for the current investors. On that note, YouTuber Crypto Chino believes DTX Exchange will deliver the largest market gains in the imminent crypto bull market.
DTX Exchange Promises High ROI in the Bull Market
As the crypto market enters a bullish phase in late 2024, XRP is expected to rise to $0.75. While XRP gathers momentum, other notable players like Sui and DTX Exchange have emerged.
SUI’s increased adoption rate has helped boost its price, while DTX’s innovative trading platform caters to all investors globally. Market analysis shows that DTX can deliver the most impressive gains.
Learn more:
Buy Presale | Visit DTX Website | Join The DTX Community
