After more than $300 million was liquidated in an August 28 crash, analysts have issued warnings about SUI and Litecoin (LTC) due to their rising volatility and bearish price charts. Both cryptos have lost significant value in the market outrun, yielding massive losses for many holders.
Analysts closely watch the emerging presale DTX Exchange (DTX) and its ground-breaking tradFi features which will put it ahead of other mega projects. Surpassing the potential of SUI and Litecoin (LTC), DTX stands out as a 10x crypto for the next bull run as investors continue to acquire tokens early.
Experts Forecast SUI Price to Slide Below $0.5
SUI crypto has witnessed a choppy market since it crossed the $1 threshold last week. After bulls failed to inject enough capital to sustain past the critical threshold and keep SUI out from overbought conditions, the token dropped significantly to the $0.8 support level with a 4% decline in the last 7 days.
Moreover, analysts consider that SUI crypto’s bull run to the $1 mark was a hype-based rally after Grayscale launched the trust a few weeks back, and it might take longer for the crypto to rise and sustain past this price point. The upcoming token unlocks will also fuel volatility for SUI and halt its bullish prospects with a likely drop to the $0.5 support level.
Litecoin (LTC) Bleeds With $50 Support Under Threat
Litecoin (LTC) holders are filled with disappointing sentiments due to its 5-month descending pattern, dropping from $109 to the current price point of $62. The crypto is experiencing notable hurdles in displaying a bullish comeback above the $90 support mark. Litecoin (LTC) has dropped by 16.6%, with declining whale activity on the monthly chart.
Reports suggest that over 42,500 wallets were liquidated on the August 28 crash, with notable investors backing out to trade big in Litecoin (LTC). The mass exodus has further dampened the prospects of Litecoin (LTC), with analysts projecting a potential price retreat to the $50 support level if bearish pressures continue to dominate.
Top Investment Choice DTX Exchange Leads With $2M Raised
DTX Exchange (DTX) emerges as a major player in a competitive tradFi market with its scalable features and 1000x leverage, which are not found elsewhere in the existing centralized and decentralized exchanges. The hybrid model of DTX Exchange puts it ahead and has attracted global investors to push the presale past $2 million in batch 3 with unstoppable momentum.
With surging demand for the cutting-edge schemas of DTX Exchange, the testnet launch has further strengthened the prospects of DTX dominance in the tradFi market. Moreover, robust security features, including no-KYC and non-custodial wallets, have poised it for high adoption among data-conscious users with trades across diverse financial markets, including stocks, cryptos, equities, CFDs, and forex.
Moreover, the hybrid DTX provides a lightning-fast speed of 0.04 seconds with real-time market analytics for seamless trading. The AI-backed technologies have further strengthened the bullish prospects of DTX Exchange post-mainnet launch. Analysts project DTX tokens to take a major leap from the current price of $0.06 to $1 after its CEX listing likely to happen in Q4 of 2024, promising 100x ROI potential.
Key Takeaways
As SUI and Litecoin (LTC) struggle amid investor scrutiny and bearish predictions by top-tier analysts, the emerging DTX Exchange (DTX) comes under the spotlight as a compelling investment opportunity to earn big.
For those investors looking for a blend of high-performing technology and massive return potential, DTX tokens at $0.06 can prove to be a life-changing investment after they hit the mainnet.
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