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

Famous BONK Millionaire Names 3 Altcoins That Could Repeat $250 to $125,000 Again in 2025 Like SOL in 2023

Bitcoinist
by Bitcoinist
Last Updated: November 20, 2024 7:00 pm
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A viral BONK millionaire has stirred up the market after he claimed SOL, WIF, and DTX to go bullish in the near term. Surprisingly, DTX Exchange (DTX) has diverted the spotlight towards its presale rally after the platform secured a whopping $8 million milestone before time. After surging its token price to $0.10, the hybrid exchange has witnessed a massive influx in sales.

“Solana Price To Hit $300 This Week,” Analyst Claims

As per CoinMarketCap data, SOL is currently trading near $240 – up 10% in the past 7 days. Notably, SOL has surged 300% since last year, which suggests that it has the potential to grow beyond the current price levels. Analysts have observed SOL’s market performance over the past months and key factors that have pushed its price to new heights.

SOL is currency trading at approximately $242, driven by increased on-chain and trading activity on the Solana blockchain. The bullish trend has seen its rank third in social media mentions and market sentiment among all cryptocurrencies​. SOL has now also become the most popular crypto asset and the first choice of altcoin for new traders.

Bitcoin’s Role

Bitcoin’s price boost has boosted confidence in the broader crypto market, potentially surging interest in high-performing assets like Solana. Many investors view SOL as a key alternative for diversification. In previous bull runs, ETH was at the core of alternate investment strategies but it has been largely replaced by SOL due to its recent market performance.

Bonk (BONK) Prepares To Embrace Potential Rally

BONK is currently trading between $0.000031 and $0.000063, showing steady movement. The price is above its 10-day simple moving average (SMA) of $0.000051 and the 100-day average of $0.000043, which indicates upward momentum.

The MACD level of 0.00000062 suggests a possible bullish crossover. If BONK breaks through the nearest resistance at $0.000076, it could reach the next level around $0.00010, displaying a significant percentage increase. With the anticipated altcoin season and a global crypto bull run in the market, BONK holds the potential to see massive growth in the near term.

Dogwifhat (WIF) Anticipating Better Growth In 2025

Analysts have observed a shift among investors, moving away from Dogwifhat in favor of more promising altcoins. This change occurs as WIF shows bearish signals, forming a rising wedge that indicates price reversals. While WIF’s support level may help its price recover, significant risks of further declines remain.

Crypto analyst Ali Martinez has raised concerns about WIF’s chart pattern, suggesting an eventual decline. Even with recent short-term price increases, the convergence of WIF’s highs and lows signals a bearish outlook. With market uncertainty prevailing, many investors are looking for safer opportunities in other altcoins that offer better potential amid the volatility.

DTX Exchange’s $8 Million Milestone Sparks Excitement

DTX Exchange (DTX) has earned a spot on the leaderboard after raising $8 million in its presale round 5. DTX Exchange employs a decentralized order book managed by smart contracts on the Ethereum blockchain. The order book records and matches buy and sell orders from traders, ensuring transparent and fair order matching without a central authority.

The decentralized order book enhances liquidity and facilitates real-time trading with minimal latency. To further uphold the principles of decentralization and security, DTX Exchange adopts a noncustodial wallet approach. Traders fully control their private keys and digital assets, storing them securely in their wallets.

DTX Exchange (DTX) Warms Up For a Major Move In December

Keeping up with its robust security measures, non-custodial wallets significantly drop the risk of funds being compromised in the event of a security breach. This approach aligns with the decentralized nature of blockchain technology and promotes individual ownership and responsibility.

As WIF and SOL team up to dominate DTX Exchange (DTX) in the long run, this newcomer is poised to become the next big thing in the volatile crypto market with its cutting-edge L1 blockchain technology and various technological developments in the network. Join now!

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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