The crypto market has once again entered a phase of extreme greed as Bitcoin shows a positive trend. Meanwhile, a long-dormant BTC whale has emerged, selling nearly a quarter of a billion worth of Bitcoin amid ongoing market changes. This big move has sparked speculation about the whale’s next investments.
As BTC price stabilizes, analysts are turning their attention to potential targets such as PEPE, Dogwifhat (WIF), and the emerging DTX Exchange (DTX).
BTC price prediction revives market interest
According to Whale Alert, a dormant address with 2,700 BTC was reactivated on December 3rd for the first time in 11 years. The address sold around $250 million worth of BTC, making a 14,550% profit over the 2013 BTC price.
With 19 green days in the last 30 days, BTC remains above its moving averages, signaling strong bullish momentum in the medium term. If the momentum continues, analysts predict a possible valuation of $110,000 per Bitcoin before the end of the year.
PEPE reaches top 25 cryptocurrencies by market capitalization
PEPE has been hailed as one of the options after a 1,400% performance last year. The meme coin has outperformed 75% of the top 100 cryptocurrencies and is now gaining traction in the broader US market following its recent listing on Bitwise.
According to technical data, active addresses increased by 204% last week, recording inflows of up to $3.6 billion. With an FGI of 78, PEPE’s MACD level suggests minimal bullish divergence. Currently, the community sentiment towards CoinMarketCap is particularly positive, with 88% of users expressing an optimistic opinion.
Dogwifhat receives support on all exchange platforms
Similarly, Dogwifhat saw a 9.4% increase as the WIF token becomes available for custody on Coinbase Prime. This means SolCex, Kraken and MoonPay are among the exchange platforms on which Dogwifhat has been hosted since the US election results.
Furthermore, WIF is trading above its moving averages and has good momentum on its oscillators. Doggo coin could realize its dream of crossing the $10 per WIF mark after forecasting $11.05 by January 3, 2025.
Interest in the DTX exchange is increasing after the $9.4 million milestone
A growing number of investors have also been attracted to DTX Exchange after successfully raising $9.4 million in the ongoing presale. Experts believe that DTX Exchange increases the potential of DeFi by opening its borders to a larger market and global audience and is based on the principle of non-custodiality.
Through the Phoenix wallet, DTX holders can trade, manage, stake and solely control their digital assets. These assets can range from cryptocurrencies to financial instruments to tokenized real-world assets. This diversity ensures that traders can explore more and more options while reducing risk through portfolio diversification.
Additionally, DTX Exchange supports its users with AI tools and a seamless trading experience. With an average execution speed of 0.04 seconds, users were able to book and exit any position before 95% of competitors. Currently in Phase 6 of pre-sales, DTX is priced at $0.12 each, with Phase 1 backers already earning a 400% profit on their investments.
Learn more:
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