2024 Q4: Whales Are Loading Up on These Coins for Massive
Just like in other bull years, the cryptocurrency market is becoming more active in the final quarters, and the key players are gearing up for massive profits. Crypto whales are patiently stacking altcoins that are primed for a massive rally.
The top altcoins on their list are Ripple (XRP), Binance Coin (BNB), and DTX Exchange. In this article, we will uncover why DTX, Ripple, and BNB could be big winners and potential price targets.
DTX Exchange (DTX) Hybrid Features and 15x ROI Entices Investors
DTX Exchange (DTX), currently among the most popular ICO projects, is already causing a stir in the crypto market by offering unique trading solutions. The main difference between DTX Exchange and its competitors is that it combines the best features of CEX and DEX. For the users, this structure means access to a platform that makes trading faster and cheaper.
DTX Exchange currently allows users to trade both traditional and decentralized finance markets as well as giving investors access to a number of different asset classes. It is possible to trade cryptocurrencies, forex, stocks, CFDs, bonds, and indices all in one place. This means users can seamlessly access over 120,000 assets from the $714.7 trillion OTC derivatives market using one account on DTX.
For DTX users, one of the most prominent advantages is the absence of KYC checks, meaning traders can remain anonymous while having fast and secure trades. This feature is especially appealing to those who need anonymity and do not want to go through the lengthy registration process.
DTX is in the fourth phase of its presale and is valued at $0.08. The project has raised over $5.2 million and could reach $8 million this quarter. Analysts forecast that those who buy the cryptocurrency will see a 15x ROI. With the token value expected to rise, this is the right time for smart investors to include DTX in their investment list.
US SEC Officially Files for Appeal In Ripple (XRP) Legal Battle
The U.S. Securities and Exchange Commission (SEC) has now officially filed an appeal of the XRP ruling by Judge Analisa Torres. On Thursday, the regulator submitted Form C to the U.S. Court of Appeals for the Second Circuit. This move could extend the legal fight over whether sales of Ripple XRP on crypto exchanges are securities sales.
The regulator disagrees with some of the court’s findings, such as those that acquitted Ripple executives and non-cash XRP sales. Following the news, the Ripple coin price is still consolidating at the $0.5 region. Bulls have been pushing for an upside to the $0.6 level, according to CoinMarketCap price charts.
However, the Ripple crypto has faced resistance. If the cryptocurrency could surge past the resistances at the 200-SMA ($0.554801) and 50-SMA ($0.55869), analysts say Ripple’s (XRP) value could pump to $0.6747.
Binance Becomes Most Downloaded App in September
According to a report by Senso Tower, the Binance mobile app was the most downloaded tool for onboarding to the world of cryptocurrencies in September. The app had 9.9M downloads for the month, making it significantly ahead of Coinbase, with 551K downloads. Of those downloads, the Android version got 8M.
Similarly, the Binance Coin price has been bullish in the past months. As seen on CoinMarketCap, Binance Coin (BNB) has seen a 9.6% increase on the monthly chart and 6% on the weekly timeframe. Considering that bulls are in control of the Binance Coin BNB, technical signals support a breakout past the $600 psychological level.
The cryptocurrency is trading above the 50-SMA ($557.30), a sign that bulls are in control and are preparing to reach new highs. CryptosanthoshK forecasted the value of the Binance Coin crypto could reach $720 this quarter.
Best Cryptos To Buy in Q4 2024 (Ripple, Binance Coin, DTX Exchange)
With numerous whales actively making their moves for DTX, Ripple (XRP), and Binance Coin (BNB), the fourth quarter promises to be an exciting period for the cryptocurrency community. Analysts expect their prices to skyrocket in the coming weeks. So, investors looking for which crypto to buy should be on the lookout.
