As the cryptocurrency market heats up rapidly with the bullish sentiment, investors are buying into Dogecoin (DOGE) and XRP (XRP), targeting massive gains. Both coins have made significant strides in the bullish market, with analysts stating that they will rise to $1 in the coming years. Amid the bullish momentum, a new DeFi coin has also gained momentum, and analysts believe it will reach $1.01 before its established counterparts.
Designed with a unique hybrid exchange model, the DeFi coin is attracting investors seeking lucrative DeFi industry investments. Read on to learn more about this new coin!
Dogecoin Sees Whale Activity Surge as Price Increases in the Bullish Market
Dogecoin saw a massive rally in the past week as its price doubled in the bullish market. Furthermore, DOGE managed a breakout above a bullish pattern, hinting at a long-term price increase. Due to this surge, over 4.9 million Dogecoin addresses were in profit, accounting for nearly 72% of the total number of DOGE addresses.
While that happened, World Of Charts, a renowned crypto analyst, posted a tweet highlighting an interesting development. DOGE had broken above a bullish falling wedge pattern that emerged in March 2024. The tweet stated that the break could result in a 100% rally in the coming weeks.
Meanwhile, crypto analyst Ali Martinez revealed in a tweet that Dogecoin whale activity is increasing. According to Martinez, some Dogecoin whales are showing renewed interest in the meme coin, acquiring 1.4 billion tokens worth $140 million in 48 hours.
On September 30, 2024, DOGE was trading at $0.1223, up 12.67% in the past week. Experts say DOGE will rise to $0.1615 in October, supported by increased buying pressure. Investors are also turning to a new DeFi coin, which has massive growth potential in the upcoming bullish market.
MasterCard Partners with Ripple to Boost XRP Uptake in SWIFT
On September 28, 2024, MasterCard confirmed cooperation with Ripple to integrate its XRP into the SWIFT monetary ecosystem. The partnership aims to improve the efficiency of multinational deals. By using Ripple’s blockchain, the firm will streamline strategies for enterprises and consumers globally.
Meanwhile, the XRP adoption rate has increased massively. Recently, a prominent Turkish bank, Garanti BBVA, announced support for Ripple’s XRP within its mobile application. This announcement came through a recent notification accessible from the bank’s official website that confirmed it now offers services for XRP.
On the flip side, XRP’s performance has been underwhelming on the weekly and monthly scale. However, with these developments, analysts believe XRP will rise significantly in the coming weeks. The XRP surge is expected because the general cryptocurrency market sentiment is “extremely optimistic,” and it may continue surging.
On September 30, XRP was valued at $0.647, up 9.92% in the past week. Analysts expect it to rise to $0.685 in October, supported by increased developments on its network. Despite the significant profits in this bullish market, investors are turning to the emerging DeFi coin for stable gains.
DTX Exchange Emerges Dominant in the DeFi Market
Although Dogecoin and XRP are leading the bullish market, DTX Exchange is rapidly gaining momentum in online trading. This new DeFi project dominates the space with its groundbreaking strategy of integrating the DEX and CEX components and features.
Its impressive market performance in the presale phase has attracted investors targeting lucrative investments. Interestingly, DTX has raised over $2.8 million, and analysts believe it will exceed $3 million in the first week of October 2024.
A notable feature of DTX Exchange is its hybrid trading platform, which integrates the best features of centralized and decentralized exchanges.
In that context, traders can access over 120,000 asset classes using DTX Exchange, including forex, cryptos, and contracts for differences (CFDs). This platform has attracted privacy-conscious users and high-stakes investors with up to 1000x leverage and KYC-free trading.
What’s more, DTX’s presale has already delivered a 200% ROI for early investors. Currently trading at $0.06 in Stage 3 of its presale, investors are aggressively buying DTX tokens. The coin’s price will increase to $0.08 in Stage 4 of its presale, a 33% gain for the current investors.
In the meantime, a reputable YouTuber, Andrew, predicted that DTX will explode above $1.01 after its mainstream launch. Therefore, DTX is a great investment as the crypto bull market starts.
Can DTX Reach $1 Ahead of Established Coins?
As Dogecoin and XRP continue riding the bullish market wave, they are making strides toward the $1.01 target, powered by growing adoption, strategic partnership, and whale activity. Amid their bullish momentum, DTX Exchange, a new player in the DeFi sector, is gaining traction.
Its advanced hybrid exchange model and growing investor interest position DTX as a contender to surpass the $1.01 milestone before DOGE and XRP. Savvy investors keep buying DTX due to its massive growth potential. Join them now!
Learn more:
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