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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Experts Expect DTX Exchange (DTX) To Move From $0.10 To $1 Before Cardano And Dogecoin Reach $1

Bitcoinist
by Bitcoinist
Last Updated: November 21, 2024 1:00 pm
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cardano (ADA) is on its way to the dollar mark, and after the ADA price beat its latest resistance, there’s little stopping the token from a surge to $0.82. Dogecoin (DOGE) is another token that has been consistently rising since the bull run started, and the Dogecoin (DOGE) army has its mind set on helping Dogecoin reach $1.

DTX Exchange (DTX) is another token with its eyes set on $1, and most trading experts think the new token can reach the target soon after launch. The launch price is set at $0.20, but the current momentum will take DTX past that from its listing phase.

Here’s more on the market situation and the new DeFi project!

Cardano Breaks Resistance, Moves Towards $0.817

The ADA price has recently overcome its resistance level at the parabolic line. Cardano closed the past week above the $0.717 mark, indicating that the token was finally setting its sights on the dollar.

Cardano has had a rough road running up to its current level, with the ADA token spending the better part of the past two years trading below 50 cents. 2024 saw some development return to the Cardano chain, first smart contracts, then a partnership with Ripple in the third quarter.

The period of development might have been quite stagnant on the charts, but a bullish trend was all it took to help ADA reach its potential.

The ADA token is currently valued at $0.7344, some 27% up on the weekly timeframe. As for hitting the dollar, only time can tell when Cardano will be reaching that target.

Can Dogecoin Reach $1? Analysts Sight ‘Cup-And-Handle’ Pattern

The DOGE token has been the most progressive token since the announcement of the results of the US presidential election. Hence, market observers have been pondering and asking ‘can Dogecoin reach $1?’

The Dogecoin token has benefited from Elon Musk’s significant role in the Donald Trump campaign, and with a crypto-friendly government, the current optimism could help Dogecoin reach $1.

Analysts have sighted the very rare but very bullish ‘cup-and-handle’ pattern on the Dogecoin charts, indicating that the best of DOGE’s spikes might be yet to come. Still, Dogecoin is a meme coin, and correction is always possible.

Investopedia mentioned a few support areas to watch on the DOGE charts. The $0.35, $0.285, and $0.22 levels are crucial stopovers during corrections on the Dogecoin charts. The DOGE token is still in the green at the moment, exchanging for $0.399, but volatility might show up at any time.

DTX Exchange: One-Stop Shop for Amazing DeFi Features

Memes have been the talking points since Donald Trump won the presidential elections, but the DeFi projects are the ones that sustain the crypto-verse. DTX Exchange offers quite a variety of DeFi trading, introducing fresh perspectives in an otherwise crowded sector.

DTX Exchange is the first trading platform to offer tradable assets from all three digital financial markets—crypto, Forex, and stock markets. The idea is for the trading platform to appeal to traders from all sectors, encouraging a wider user audience to use DTX Exchange.

Already, institutional traders are increasingly interested in crypto. With equity products like stocks and ETFs on DTX Exchange, they will really have no need to leave the platform while trading.

To make things even more interesting, DTX Exchange offers real-world assets to give its users access to commodities like crude oil, gold, and real estate that are backed by cryptocurrency.

Add the Phoenix Wallet to the growing mix of varieties, and you’ll see why investors are all over the DTX presale.

The wallet is a portal of sorts from which traders can check their ongoing trading activity at a glance. Users can also track their portfolio across markets, all from their Phoenix Wallet dashboard.

DTX Exchange Raises Over $8 Million in Its Presale!

While the top altcoins are raring to go ahead of the altcoin season, the DTX Exchange project has emerged as the top pick for experts as the best altcoin to buy. With its innovative and trader-friendly approach to DeFi, expert predictions suggest DTX could spike 900% before Cardano and Dogecoin reach $1.

DTX presale is selling out fast, as the DeFi token has now raised over $8.2 million. In the current Stage 5 of the public presale, the token is priced at $0.10, pegging the presale ROI from here at 100% as the coin will launch at $0.20. That’s another way to double your money before Cardano and Dogecoin reach $1.

Learn more:

Buy Presale
Visit DTX Website
Join The DTX Community

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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