The crypto community was sent into a frenzy as one of the most-anticipated launches entered the final presale stage: DTX Exchange (DTX). Its unique and bullish narrative—a blend of DeFi and TradFi—is one of its biggest appeals.
At the same time, its upside potential is staggering, edging out top crypto coins. Hence, it is no surprise that Ethereum (ETH) and Dogecoin (DOGE) whales have been betting on the emerging cryptocurrency, aiming not to miss out on what could be the biggest run this year—a new DeFi project to keep on the radar.
DTX Exchange (DTX): On ETH and SHIB Whales’ Radars
DTX Exchange (DTX) crossed the $12 million fundraising goal and entered the final presale stage a few days ago. Over $12.9 million has been raised in early funding today, highlighting its rapidly growing community and investor trust. Moreover, it is ridiculously undervalued at $0.16 in the final ICO round, attracting interest from Dogecoin (DOGE) and Ethereum (ETH) whales.
Moreover, it boasts solid fundamentals—bridging the gap between traditional and decentralized finance. Its hybrid trading platform will combine the best elements of CEX and DEX, addressing challenges around financial exclusion and inaccessibility to markets and assets. Equally important, it will be the first crypto-native platform to offer stocks, ETFs and more than 100,000 currency pairs.
Besides its tangible applications and impending transformation of the $3.2 billion global trading landscape, DTX might be the best new crypto to invest in. Having already exploded 700% in presale, a 100x jump in value is anticipated after its debut, besides the 25% gain at the listing price of $0.20.
Ethereum (ETH): Is a Bullish Reversal on the Cards?
The past few days have been underwhelming for Ethereum (ETH). It consolidates around $3,200, although a bounce is close. The Ethereum price trades above the 200-EMA ($3,136) and 200-SMA ($2,989), hinting at a complete bullish reversal as the bulls eye the month high.
Nostalgic_LSD, bullish on the Ethereum ecosystem, believes ETH will range between $9,000 and $12,000 this cycle and trigger the altseason. Suhpreme_k, another key expert, identifies that ETH has been forming an inverse H & S pattern since March 2024, with a breakout set to push it toward $5,500.
However, whales flocking to DTX Exchange is understandable. At best, Ethereum (ETH) might see a 5x increase, while new altcoins like DTX could soar as high as 100x this year, placing the latter on the list of the best coins to invest in.
Dogecoin (DOGE): Will the Bears Dump More?
Dogecoin (DOGE), popularly known as the OG of memes, reflects the gloomy market conditions. The latest selling pressure pushed it toward $0.33, with further downsides not out of the question.
However, considering the Dogecoin price trades above the 100-EMA and 100-SMA, a bounce might unfold sooner than expected. Flipping $1 and going on price discovery remain its biggest goals, with its memetic appeal among its biggest attractions.
BIT_CO, a crypto analyst, considers an uptick to $0.43 after DOGE hit $0.34. GoldenAgeFin, also bullish on the top meme, has $1.73 as their target for this bull run. Despite this, DTX might be a more compelling alternative due to its huge growth prospects and bullish narrative—a blend of DeFi and TradFi.
DTX Exchange (DTX): On Ethereum (ETH) and Dogecoin (DOGE) Whales Radars
The growing whale interest in DTX Exchange (DTX) can be linked to its huge growth prospects and real-world application. Up to a 100x upswing might play out after Tier-1 exchange listings, making it a better crypto pick this cycle.
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