October Crypto Treasures Chainlink Set to Reach 14 Cardano Aiming for 045 DTX Exchange Poised for 100 Surge
**Altcoins Experience Notable Rebound as Analysts Eye October with Optimism**
In the latter half of September, altcoins have demonstrated a striking recovery, driven largely by the recent increase in Federal Reserve interest rates, which has alleviated selling pressures. As we move into October, analysts are filled with renewed hope and positive outlooks.
Predictions indicate that Chainlink (LINK) might soar to $14, while Cardano (ADA) could reclaim the $0.45 threshold. Additionally, there is considerable enthusiasm surrounding the new ICO, DTX Exchange, with expectations for its native token to double in value throughout October.
**21.co Integrates Chainlink (LINK) Proof of Reserves for Wrapped Bitcoin**
According to a recent press release, 21.co, the parent company of the crypto exchange-traded products issuer 21Shares, plans to leverage Chainlink’s proof of reserves (PoR) service on the Ethereum and Solana networks. This integration aims to enhance the transparency of wrapped Bitcoin offered by 21.co, known as 21BTC. Utilizing Onyx, 21.co will enable users to access real-time data regarding its 21BTC reserves.
In related news, Chainlink’s price is currently stabilizing between $9 and $13 on the monthly chart. The cryptocurrency has recorded a 7% increase over the past week and a 9% gain over the last two weeks. Trading above the 50-SMA ($10.91), Chainlink is poised for potential new highs in the upcoming weeks. Analysts from Cantonmeow predict that the value of Chainlink could surge to $14 by October, solidifying its status as a leading altcoin to monitor.
**Cardano (ADA) Sees Massive Surge in Large Holder Netflow**
Data from IntoTheBlock indicates that Cardano (ADA) has experienced an astonishing 32,848.01% increase in Large Holder Netflow this week, revealing significant changes in whale holdings. This surge suggests a considerable accumulation of ADA. Currently, Cardano is trading above the 50-SMA ($0.348181), signaling bullish momentum in the market.
Furthermore, Cardano has achieved 18 consecutive days of positive performance this past month, exceeding the average. During this timeframe, its market capitalization has fluctuated between $11 billion and $14 billion. However, there remains a crucial resistance level around the $0.40 mark that ADA must overcome to potentially rise to $0.45 in October.
**DTX Exchange (DTX) Experiences 200% Growth with More Anticipated Gains**
DTX Exchange (DTX) is capturing significant attention in the cryptocurrency space. Remarkably, it has rapidly progressed through the first two phases of its presale and is currently in the third phase, with a price increase to $0.06—an impressive 200% growth from its initial price of $0.02. Analysts are forecasting an additional 100% price increase in October. The DTX Exchange has already raised over $2.7 million and aims to reach $4 million by next month.
DTX Exchange is set to introduce an innovative hybrid platform (CEX+DEX) designed to offer traders a comprehensive trading experience. Users will have access to more than 120,000 assets, including cryptocurrencies, gold, stocks, indices, and various CFDs, all within a single platform, boasting leverage exceeding 1000x.
Additionally, DTX Exchange aims to enhance liquidity through distributed liquidity pools, minimizing slippage during trades and ensuring a superior trading experience for its users. This strategy guarantees low-slippage transactions, irrespective of market conditions.
**Top Cryptos to Watch for October Gains: Chainlink, Cardano, and DTX Exchange**
Analysts are optimistic about the future price movements of these altcoins—Chainlink (LINK), Cardano (ADA), and DTX Exchange. They anticipate that positive market sentiment will propel these cryptocurrencies to new heights.
**Learn More:**
– Buy Presale
– Visit DTX Website
– Join The DTX Community