After an impressive past few days, crowned by an all-time high on Sunday, Solana (SOL) leads top gainers ahead of its next upswing. With a breakout above $300 next on the list, it is among the altcoins to watch.
Meanwhile, attention has shifted to Shiba Inu (SHIB), the leading ETH memecoin and this ERC-20 cryptocurrency at the intersection of DeFi and TradFi: DTX Exchange (DTX). Amid rising whale interest, SHIB might be on the cusp of skyrocketing. On the other hand, DTX, gearing up for its scheduled listing on Tier-1 exchanges this quarter, is tipped for a 50x jump post-launch.
DTX Exchange (DTX): The Next Big Thing?
DTX Exchange (DTX), an up-and-coming cryptocurrency, is set to shake up the crypto world. At the crossroads between traditional and decentralized finance, it aims to reshape the $10 billion global trading market. With adoption imminent, investors have been stockpiling DTX, listed among the best cryptos to invest in by experts.
As a hybrid trading platform, DTX Exchange will combine the best elements of CEX and DEX. It will be the first crypto-native platform to offer stocks, ETFs, forex and thousands of currency pairs—a one-stop platform for all trading needs. Ahead of its scheduled launch in Q1, the exchange has launched a series of products. This includes the Phoenix Wallet (a secure custody solution for crypto, stocks and forex) and the VulanX blockchain testnet is live.
Already pre-listed on CoinMarketCap, a token costs only $0.16 in the eighth round of the ICO. Over $12.5 million has been raised in early funding, highlighting growing interest—the next big thing, perhaps. Given the projected 50x rally after Tier-1 exchanges this quarter, it is arguably the best new crypto to invest in, potentially outperforming Solana (SOL) and Shiba Inu (SHIB).
Solana (SOL): Further Upswings?
Despite the significant decline from its recent all-time high ($294), Solana (SOL) retains most of its weekly gain—a 25% upswing in the past seven days. It hovers above $250 and leads the week’s top gainers, gathering steam for its next leg up.
A breakout above $300 is next on its list, supported by key technical indicators like the MACD Level (12, 26) and 20-VWMA. At the same time, bullish forecasts have been flying, serving as a vote of confidence in Solana (SOL)—one of the best altcoins to invest in.
Ashman, a leading expert, sees little resistance to $340 at the current market price. Meanwhile, blknoiz06, a popular crypto analyst and trader, maintains $1,000 as their Solana price prediction this year. Despite this, DTX Exchange (DTX) has more room for growth as a low-cap coin, making it a favorite among savvy investors.
Shiba Inu (SHIB) Targets a Big Leap
Shiba Inu (SHIB), one of the top altcoins and leading memecoins, is on whales’ radars. The latest downturn pushed it into an attractive buy zone, which is being gobbled up. Changing hands around $0.000020, its next move might see it break out above its month-high of $0.000024.
At the same time, crypto analyst and trader VipRoseTr highlights strong support near the Fibonacci 0.786, targeting $0.000027 and $0.000035. Profitdemon, having a similar sentiment, expects a breakout to push Shiba Inu (SHIB) toward $0.000046 and $0.00008.
Technical indicators like the 9-HMA and Williams Percent Range (14) are worth mentioning, suggesting a big leap in the Shiba Inu price. However, for huge ROIs, DTX Exchange might be a better crypto pick considering the projected 50x upswing.
DTX Exchange (DTX): Higher Growth Prospects Than Solana (SOL) and Shiba Inu (SHIB)
As a new altcoin, DTX Exchange’s upside potential is higher than large caps like Solana (SOL) and Shiba Inu (SHIB). Savvy investors are attracted to the DeFi coin as a result, which is expected to play a key role in its upswing. At the same time, it boasts solid fundamentals—a hybrid trading platform—setting the stage for massive growth.
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