Market sentiment is once more euphoric as Bitcoin (BTC) crossed $64,000 and altcoins rallied. The crypto charts completely turned green for the first time in months; Ethereum (ETH) marched toward $3,000 while Solana (SOL) crossed the $150 resistance.
Despite this, the spotlight hasn’t shifted from DTX Exchange (DTX), hailed as the best presale. Its intriguing blend of TradFi and DeFi has caught market interest. Earlier this month, its hybrid Layer 1 blockchain—the first to integrate traditional financial instruments with Web3 products—went live. Given its novelty and growth prospects, experts believe it might be the best new crypto to invest in.
DTX Exchange (DTX): The Best Cryptocurrency to Invest in?
DTX Exchange (DTX), a top ICO, is the latest crypto contender, gearing up to challenge the dominance of top altcoins like Ethereum (ETH) and Solana (SOL). Experts have been betting on the newcomer for several reasons, from its novelty to staggering upside potential.
By combining the best elements of centralized and decentralized exchanges, DTX is a breath of fresh air. It will address critical challenges in the $10 billion global trading space through this hybrid approach, notably financial exclusion and global inaccessibility to markets and assets. Further, its one-stop platform will provide access to thousands of asset classes across traditional and decentralized finance.
Given the above, it is clear why experts are betting on the new ICO. It has been hailed as the best crypto to invest in for good reasons, especially considering its low price. A token costs just $0.06 in round 3 of the ICO and is tipped for a 100x upswing after its debut. To avoid missing out on the next big thing, this is a new DeFi project worth checking out.
Ethereum (ETH): Anticipated Rally Above $10,000 Before Year’s End
Ethereum (ETH), the best altcoin, is among the top gainers post-Fed rate cut rally. Despite the initial lackluster performance, it gained momentum, exerting market dominance and leading in gains.
The Ethereum price soared 14% in the past seven days, trading above $2,600. Its next jump is poised to push it above $3,000, flipping key resistance and setting it on track toward the annual peak of $4,000. With Q4’s outlook the most bullish, ETH is among the top altcoins to watch out for.
Amid this buzz, the demand for Ethereum wallet has skyrocketed and one can guess why. Equally important, inflows into ETH ETFs will also be crucial to its bull run in the year’s final months. According to forecasts, the leading altcoin will hit $10,000 before the curtain closes on the year, placing it on the list of the best coins to invest in.
Solana (SOL): Bulls Eye New ATHs
Solana (SOL), a top-5 cryptocurrency, behind only BNB and Ethereum on the altcoin list, is among the week’s top gainers. Its recent jump pushed it above a key resistance, boosting investor confidence and sentiment.
Reflecting bullish trends, the Solana price leaped 5% on the daily charts, crossing $150. This upswing is part of a broader one: a 16% jump in the past seven days. As it approaches a breakout above the monthly top, all eyes are on the DeFi giant.
Meanwhile, a Solana price prediction sparking much buzz hints at a rally above $500 in Q4. The bulls are optimistic about flipping the current all-time high of $260 and going on price discoveries. It has been tipped as one of the best cryptos to invest in during this cycle.
Conclusion
The crypto market is on the upside: Ethereum (ETH) sails toward $3,000 and Solana (SOL) recently flipped the $150 resistance. Despite this, DTX Exchange (DTX), an emerging cryptocurrency, has been hailed as a more compelling alternative. Its novelty as a hybrid trading platform and growth prospects—no bull market history—position it for a 100x jump after its launch.
Learn more:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
