The 2024 US election might just be the most anticipated event this year. Like the rest of the world, the crypto community is an active spectator, with sentiment cautious ahead of the race.
In the near term, we expect volatility in Solana (SOL) and Pepe (PEPE) prices. Meanwhile, investors have been betting on DTX Exchange (DTX) to hedge against market shocks and position for substantial gains.
DTX Exchange (DTX) is quickly becoming a top pick among investors. As it has yet to make its market debut, it is oblivious to prevailing bearish trends. This also makes it more promising than established altcoins like Solana (SOL) and Pepe (PEPE), contributing to the over $2.5 million raised in the ongoing presale.
The ICO is in the third round, with a token priced at just $0.06 and tipped for a 100x upswing post-launch. Its low entry point makes it even more attractive. Given its impending transformation of the $3.2 billion global trading market, it is on track to explode.
Earlier this week, it launched the world’s first unified chain. This one-stop platform will allow users to trade stocks, ETFs, bonds, commodities and cryptocurrencies, spanning traditional and decentralized finance. Other attractions include 1,000x leverage and zero commissions on trades.
Solana (SOL), a top-5 cryptocurrency and a DeFi powerhouse, trades on the upside. As it races to reclaim lost price levels after falling from the monthly high of $160, it is an altcoin to watch out for.
The Solana coin has increased by over 5% on the weekly chart. On track for a jump past $150 in the coming days, the current Solana price of $130 is a good entry. But with the US election fast approaching, rapid price fluctuations cannot be ruled out.
Pepe’s (PEPE) unique meme narrative—a frog-themed cryptocurrency—is its biggest attraction. On the weekly charts, the Pepe coin is on the upside, gaining over 3%. With this tipped as the start of a big leap, investors have been expanding their portfolios and grabbing big bags.
Top analysts predict a new peak before the end of Q3 if catalysts for price appreciation like interest rate cuts play out. However, given its high risk, a bearish Pepe price prediction hints at a decline ahead of the US presidential election.
The upcoming US election is shrouded in uncertainty, meaning volatility should be expected in Solana (SOL) and Pepe (PEPE) prices. Meanwhile, as an emerging cryptocurrency, DTX Exchange has become a top pick among investors. Its projected 100x rally post-launch and anticipated disruption of the global trading scene make it a new DeFi project to watch out for.
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