The choppy market continues as prices move sideways. Solana (SOL), one of the top altcoins, struggles to break above the $200 resistance. At the same time, Ripple (XRP) hovers around $2, with no clear trajectory.
Meanwhile, DTX Exchange (DTX), a new DeFi crypto, enters whale radars. Its bridge between traditional and decentralized finance and its one-stop platform for all trading needs contribute to the rising demand, alongside its massive growth prospects. As its launch date approaches, experts have hailed it as the best new crypto to invest in.
DTX Exchange (DTX) enters whale radar as the presale gathers steam and prepares to launch. With up to a 40% gain at the listing price of $0.20, scheduled for Q1, it might outperform top crypto coins like Solana (SOL) and Ripple (XRP) within this timeframe.
Moreover, industry experts project a 5,000% gain after listing on Tier-1 exchanges, positioning it among the best altcoins to invest in. At the current price of $0.14 in the seventh round of the ICO, it is a steal, contributing to early funding rocketing past $10.6 million.
In addition to its growth prospects, its innovative blend of the best elements of CEX and DEX drives huge demand. It will combine a user-friendly trading platform with decentralized principles like wallet-based trading and non-custodial storage solutions. Additionally, users will be able to trade thousands of asset classes across ETFs, stocks, forex and crypto via a single wallet—the first of its kind.
Solana (SOL), alongside the wider crypto market, trades downward. Sellers made another attempt to drag down prices on Thursday as it declined sharply from $200 to $187. This substantial decline in the Solana price reflects the overall market sentiment—largely cautious.
However, the remaining days in the year promise to be explosive, the same as Q1. Technical indicators like the 200-EMA ($175) and 200-SMA ($167) suggest a comeback is underway, potentially reclaiming the elusive $200.
Invst_Informant, a crypto expert, predicts a final target between $475 and $520 for Solana (SOL) this cycle, placing it among the top altcoins to invest in. Meanwhile, Mathew, another expert, suggests a retrace toward $170 followed by a bounce above $200. Despite the imminent comeback and upswing, SOL’s upside potential is limited compared to new altcoins like DTX Exchange.
The payment-based cryptocurrency Ripple (XRP) also trades downward. It reflects broader bearish sentiment and indicators like the Average Directional Index (14) and the MACD Level (12, 26) suggest further downsides aren’t out of the question.
On the other hand, indicators like the XRP price retailing above the 30-EMA ($2.1) and 50-EMA ($1.85) hint at a comeback, positioning it among the best cryptos to invest in. At the same time, key industry experts anticipate a bounce.
Retailing above $2.1, Maxi, a top analyst, predicts Ripple (XRP) might trade between $7 and $13 this cycle. CaptainJackTurner, also a crypto analyst and trader, believes the altcoin might top around $20 and $30, provided BTC doesn’t fall below $92,000. Despite this, DTX Exchange’s projected 5,000% gain by Q1 is a more appealing alternative.
Amid the underwhelming performances of Solana (SOL) and Ripple (XRP), whales have turned to DTX Exchange (DTX). This new altcoin is primed for more than a 40% gain by the launch date and a 5,000% rally in Q1 2025—a new DeFi project not to miss. Primed to transform the $10 billion global trading scene, it is a solid crypto contender.
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