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Are Toncoin (TON) and Shiba Inu (SHIB) Good Investments? This New DeFi Token Could Hit 75X Gain by 2025

DATE POSTED:November 8, 2024
dtx-exchange

The post Are Toncoin (TON) and Shiba Inu (SHIB) Good Investments? This New DeFi Token Could Hit 75X Gain by 2025 appeared first on Coinpedia Fintech News

The crypto market exploded after Donald Trump’s announcement as the US president. Bitcoin (BTC) crossed $75,000—a new peak—and altcoins skyrocketed. With a full-blown bull market on the horizon as sentiment shifts to euphoria, investors are unsure whether Toncoin (TON) and Shiba Inu (SHIB) are good investments. 

Given their large market sizes, there is just so much run these top altcoins can experience. However, DTX Exchange (DTX), a new DeFi token, boasts significant upside potential. Its future transformation of the global trading scene by combining the best elements of CEX and DEX paints a bullish picture. 

DTX Exchange (DTX): The Best New Crypto to Invest in? 

DTX Exchange (DTX) is a new altcoin buzzing with potential. Compared to popular and established cryptocurrencies like Toncoin (TON) and Shiba Inu (SHIB), it has plenty of room for growth and is hailed as the best new crypto to invest in. 

Moreover, as a hybrid trading platform, it is on track to reshape the $3.2 billion global trading market. Its hybrid approach involves combining the best elements of centralized and decentralized exchanges, notably distributed liquidity pools, wallet-based trading and non-custodial storage, all wrapped in an intuitive and user-friendly interface. 

The above contributes to the presale hitting $6.8 million in early funding. It costs just $0.08 in the fourth ICO round, massively undervalued. Meanwhile, experts predict a 75x rally by 2025, with the token already pre-listed on CoinMarketCap. Given its impending adoption, this is a new DeFi project to bet on for huge gains.  

Toncoin (TON): Is a Breakout Close? 

The Telegram-based Toncoin (TON) is one of the leading cryptocurrencies. It is the native utility token of the Layer-1 blockchain TON, lending it tangible applications. The onboarding of Telegram users through tap-to-earn games contributed to its rise. 

It registered an all-time high of $8.24 in June but has tumbled since then—a 40% decline. While some believe the bottom is in, others suggest further downswings. The Toncoin price consolidates between $4.5 and $4.9 on the weekly chart, largely underwhelming. 

However, a crypto analyst believes the Toncoin (TON) correction might be coming to an end, hinting at a rally toward the $12 and $15 zones. Moreover, TradingView’s Hull Moving Average (9) at 4.70 is a buy signal. Nevertheless, for life-changing gains, TON might not be the best crypto to invest in. 

Shiba Inu (SHIB): Are Top Memes Good Investments? 

Shiba Inu (SHIB) is one of the top memes, leading the dog cryptocurrency narrative with Dogecoin (DOGE). Its vibrant community and robust ecosystem are other layers of its appeal, contributing to making it a favorite. 

The recent market bounce pushed it to the upside. The Shiba Inu price increased over 3% in the past seven days, changing hands above $0.000019. TradingView’s indicators, like the MACD Level (12, 26) at 0.00000024 and moving averages, suggest further upswings. 

Meanwhile, a top analyst’s overall target for the dog-themed crypto is $0.000081—an altcoin to watch out for. However, its upside potential is modest at best. While Shiba Inu (SHIB) is a good crypto to buy, it shouldn’t be the go-to for huge ROIs, especially for retailers. 

Are Toncoin (TON) and Shiba Inu (SHIB) Good Cryptos to Buy or DTX? 

Despite their popularity, Toncoin (TON) and Shiba Inu (SHIB) have modest upside potential. Alternatively, as a new altcoin and a low-cap gem, DTX Exchange (DTX) has more room for growth. Moreover, it is poised to transform the global trading scene, setting it up for massive adoption. 

Learn more: 

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