As we enter the fourth quarter of 2024, smart investors are starting to bet on cryptocurrencies with high profit potential. The altcoin that is attracting attention is Litecoin (LTC), and there is a possibility that an ETF will be issued soon. Uniswap (UNI) just launched its own chain. And DTX Exchange (DTX) is a pre-sale gem that has raised over $5 million.
Coincodex predicts that Litecoin (LTC) price could soar to $90.06. Analysts also say Uniswap’s value could rise to $17.55. Meanwhile, DTX Exchange costs are expected to increase by 1,000% this fourth quarter.
Litecoin (LTC) price soars as Canary Capital files for LTC ETF
Asset management company Canary Capital announced on Tuesday that it has filed S-1 registration for the Litecoin (LTC) Spot ETF with the US SEC. If passed, the ETF would provide retail and institutional investors with direct access to Litecoin tokens.
Following this news, the value of the cryptocurrency increased. Litecoin price rose 8.9% on the weekly chart and 11.4% on the monthly chart, according to data from CoinMarketCap.
In terms of price fluctuations, the Litecoin cryptocurrency is trading near the 200-SMA ($72.59). Coincodex predicts that the altcoin price could soar to $90.06 by November. Analysts like B_Oltman have higher price targets, suggesting LTC could peak at $150 this year.
Uniswap (UNI) active addresses increase by 16x
In a recent tweet about X, the cryptocurrency enthusiast cited data from Token Terminal, revealing that the number of active addresses on the Uniswap network surged to 20 million in October. This number is a 16x increase over last year and shows that more users are joining Uniswap (UNI).
This increase comes a week after the Uniswap (UNI) team introduced Unichain, a layer 2 solution built on the Ethereum blockchain. This new chain aims to address some of the interoperability scalability issues in the DeFi market and increase transaction throughput on Ethereum’s main chain.
Following this news, the price of Uniswap coin registered a slight increase on CoinMarketCap’s weekly and monthly charts. There is currently a consolidation between the 50-SMA ($6.96) and the 200-SMA ($8.57). Experts predict that new developments could attract more activity to Uniswap (UNI), thus predicting that Uniswap price could jump to $17.55 in the fourth quarter. .
DTX Exchange (DTX), investors’ best bet for price appreciation
DTX Exchange (DTX) is emerging as one of the new ICOs with growth potential in the fourth quarter of 2024. Investors are rallying around this cryptocurrency after it rapidly rose 300% to reach its current price of $0.08. DTX’s goal is to build a hybrid exchange that combines the best of centralized exchange (CEX) and decentralized exchange (DEX) platforms into one.
Over 120,000 asset classes are available, including FX, fixed income indices, cryptocurrencies, commodities, and more. Users can trade anonymously without KYC or identification. This is a huge advantage for users who are looking to trade several different financial instruments on one trading site but want to keep their identity private. DTX provides crypto traders with access to over 120,000 assets in the $714.7 trillion OTC derivatives market.
DTX Exchange also provides traders with sophisticated charts, graphs, and analytical tools to recognize market changes. These tools allow traders to make better and more timely decisions than other players in the market. DTX Exchange enables DTX holders to ensure a comprehensive trading environment through features such as non-custodial wallets and decentralized liquidity pools.
Best cryptocurrencies to buy in Q4: Litecoin, Uniswap or DTX
If there’s one thing that’s more or less confirmed, it’s that the value of Litecoin (LTC), Uniswap (UNI), and DTX Exchange (DTX) tokens could skyrocket in the coming weeks. . Above are the top crypto coins that are poised for significant price increases, but for those who want to make a profitable year-end investment, DTX is a better investment opportunity.
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