The crypto market resumes its bounce as sentiment turns bullish ahead of an anticipated rate cut. Kaspa (KAS), one of the week’s top altcoin gainers, soared past $0.16 and has been tipped for a rally past $1. As one of the most bullish altcoins, it is a promising wave to take advantage of.
Meanwhile, DTX Exchange (DTX), an emerging cryptocurrency, has captured investors’ attention, including Uniswap (UNI) holders. Its upcoming all-in-one wallet, which offers a gateway to the blockchain and Web3 applications, has become a subject of much interest, sparking a presale frenzy.
DTX Exchange (DTX): Blending DeFi and TradFi
DTX Exchange (DTX), a novel player that combines crypto’s decentralization and the centralization of conventional financial systems, is the latest on investors’ radars. It seeks to transform the $3.2 billion global trading market by adding elements of centralized exchanges into DEX and building a hybrid exchange protocol.
Given its novelty, it is nothing short of groundbreaking: the first hybrid trading exchange. Users can trade thousands of assets from crypto wallets, promoting financial inclusion. This wallet-based trading model doesn’t require traditional bank accounts, allowing wider participation in the global financial markets.
As it prepares to launch its all-in-one wallet that allows the trading of conventional asset classes and DeFi tokens, investors have been showing keen interest. In the third round of the ICO, over $2.6 million has been raised in fundraising, currently priced at $0.06. With a projected 50x gain post-launch, it is an altcoin to watch ahead of Kaspa (KAS) and Uniswap (UNI).
Kaspa (KAS): Road to $1
Kaspa (KAS), a proof-of-work (PoW) cryptocurrency, has been among this year’s biggest highlights—almost 300% gain on the yearly charts. It has outperformed the market on different occasions, registering strong upticks while the overall market tanked. With more room for growth, top analysts believe its rally to $1 is “programmed.”
Despite the wider market’s downswing in August, Kaspa (KAS) registered an all-time high. It hit $0.2 on August 1st, leaving green trails in an otherwise red market. While there has been a 20% correction since then—a healthy correction—a comeback is brewing.
On the weekly charts, the Kaspa price increased over 10%, trading above $0.16. Still a fair price ahead of its next jump, it is one of the best bets to make ahead of the anticipated bull run in Q4. A trending Kaspa price prediction suggests a jump past $1 before the year’s end, making it one of the altcoins to watch out for.
Uniswap (UNI): On the Rise
Uniswap (UNI), a leading DeFi project, is one of the most popular altcoins—a top 30 cryptocurrency. In terms of fundamentals, the Uniswap exchange app is solid, as it facilitates the trading of tokens in a decentralized manner.
Built on the Ethereum blockchain, it benefits from its DeFi robustness. As interest picks up steam, so does the Uniswap price. In the past seven days, it gained over 6%, rising to the ranks of the week’s biggest winners. As the top-ranking DEX token, its potential is staggering.
According to industry experts, the Uniswap coin might retest $10 before the end of Q3. Trading above the $6.5 support, UNI is a good bet to make before the month’s end. Its long-term outlook is even more promising, tipped to revisit its all-time high of $44.9.
Conclusion
With Kaspa (KAS) projected to hit $1 and Uniswap (UNI) gaining momentum, DTX Exchange steals the spotlight with its all-in-one wallet. The hybrid exchange protocol is poised to reshape the global trading scene by allowing the trading of diverse asset classes on a single wallet. This focus on financial inclusion sets it up for adoption and growth.
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