The highly anticipated offseason begins. The altcoin index is at 80/100 and at the top is Ripple (XRP), with Solana (SOL) gaining momentum for its next jump. DTX Exchange (DTX), a new DeFi coin, is also in the spotlight.
DTX stands at the intersection of DeFi and TradFi and is listed by experts as one of the best new cryptos to invest in. It aims to bridge the gap between the crypto world and traditional financial systems, indicating massive adoption and growth.
DTX Exchange (DTX): Expected to rise from $0.12 to $1
DTX Exchange (DTX) is in the spotlight alongside top cryptocurrencies like Ripple (XRP) and Solana (SOL). Its unique hybrid trading platform puts it in the spotlight and is making waves in the crypto scene and the larger financial landscape. Its outstanding performance has not gone unnoticed either, raising over $9.4 million in early funding.
In Round 6 of the ICO, a token is undervalued at $0.12, attracting both retail traders and whales. Due to its significant growth prospects, experts believe that a recovery above $1 is possible by the first quarter of 2025, making it one of the best coins to invest in.
Equally important, it is on track to reshape the $10 billion global trading scene by combining the best elements of CEX and DEX. Unlike traditional trading platforms, the hybrid approach will address critical issues such as low liquidity, global market inaccessibility and financial exclusion. It will enable trading of thousands of assets across TradFi and DeFi through a unified crypto wallet that is primed for massive adoption.
Ripple (XRP): A top winner
Ripple (XRP) surprised many after its explosive growth. Meanwhile, analysts believe this is just the beginning, especially given speculation that the SEC may drop its lawsuit against Ripple Labs.
A crypto trader and analyst, JayXRP2, suggests a rally above $3.19 in the coming days after the price crossed the $2 mark. MrMemeAndDream, a top expert on X (formerly Twitter), reported an XRP rally above $4.10 before the end of the year.
Supported by key technical indicators such as the MACD level (12, 26) and 20-VWMA, Ripple (XRP) is among the best altcoins to invest in. It is leading the altseason and registering an 80 percent rally on the weekly chart. As part of a broader rally, XRP price exploded 400% in the last 30 days and traded above $2.5 after reversing SOL.
Solana (SOL): Prepared for massive growth
Solana (SOL) falls short of high expectations, but is still performing well. Despite the recent turmoil, Solana price recorded a 45% increase on the monthly chart, with a rally emerging on shorter time frames. The retail price is above $230, with key technical indicators such as the 9-HMA and 30-EMA pointing to further price increases.
A retest and breakout above its November all-time high of $263 will push the price higher. A crypto trader and analyst, Thebigvibez, suggests “$500 per SOL” for this bull cycle. Another crypto analyst, Cryptometri, predicts a rise above $325, placing it on the list of best cryptos to invest in.
Additionally, Grayscale recently filed for a Solana ETF on the NYSE – further upside. The coming weeks and months promise to be exciting and Solana (SOL) is an upside not to be missed.
DTX Exchange (DTX): A new player to keep an eye on as Ripple (XRP) and Solana (SOL) are trending upwards
DTX Exchange (DTX) is a new altcoin that is set to shake up the crypto market. The intersection of DeFi and TradFi is teeming with potential – a new player to keep an eye on alongside Ripple (XRP) and Solana (SOL).
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