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 surfaced, selling near a quarter-billion worth of Bitcoin amid ongoing market shifts. This big move has sparked speculation about the whale’s next investments.
As the BTC price stabilizes, analysts are turning their attention to potential targets like PEPE, Dogwifhat (WIF), and the emerging DTX Exchange (DTX).
BTC Price Prediction Revives Market Interest
According to Whale Alert, a dormant address containing 2,700 BTC was reactivated on December 3 for the first time in 11 years. The address sold BTC worth around $250 million, making a 14,550% gain from its 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 holds, analysts project a possible $110,000 valuation per Bitcoin before year end.
PEPE Reaches Top 25 Cryptocurrencies Per Market Cap
PEPE has been lauded as one of the options after a 1,400% performance in the past year. The meme coin has outperformed 75% of the top 100 cryptocurrencies and is now gaining traction in the broader U.S. market following its recent listing on Bitwise.
Per technicals, active addresses increased by 204% over the past week, recording inflows of up to $3.6 billion. With an FGI of 78, PEPE’s MACD Level suggests minimal bullish divergence. As of now, community sentiment on CoinMarketCap is notably positive, with 88% of users expressing bullish views.
Dogwifhat Gains Support Across Exchange Platforms
Similarly, Dogwifhat has recorded a 9.4% uptick as the WIF token becomes available for custody on Coinbase Prime. This joins SolCex, Kraken, and MoonPay in the list of exchange platforms to host Dogwifhat since the US election results.
Additionally, WIF trades above its moving averages with good momentum on its oscillators. The doggo-themed coin may actualize its dreams of crossing $10 per WIF, following an $11.05 prediction by January 3, 2025.
Interest In DTX Exchange Rockets After $9.4 Million Milestone
A growing number of investors have also been drawn to DTX Exchange following its successful raise of $9.4 million in its ongoing presale. Designed on a non-custodial principle, experts believe DTX Exchange improves on the potential of DeFi by opening its borders to a larger market and global audience.
Through the Phoenix wallet, DTX holders will be able to trade, manage, stake, and solely control their digital assets. These assets could range from cryptocurrencies to financial instruments to tokenized real-world assets. This diversity ensures traders can explore more and more opportunities 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 could book and exit any position ahead of 95% of competitors. Currently in the 6th stage of its presale, DTX is priced at $0.12 apiece, with first stage backers already enjoying a 400% profit on their investments.
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