Dogecoin (DOGE) whales, known for their strategic investments, are now turning their attention to DTX, a new low-cap altcoin.
These major players in the crypto space believe DTX has the potential to overtake Ripple (XRP) by 2025. With growing interest and large transactions, DTX could be a hidden gem ready for a significant breakout.
In this article, we will discuss why DOGE whales are betting on DTX and what this means for its future.
Dogecoin sees big spike in activity: Expert predicts possible major price rally
A famous cryptocurrency expert says that the well-known meme token Dogecoin (DOGE) is seeing a big increase in activity on its network.
The analyst, Ali Martinez, told his 73,400 followers on the social media site X that big investors might be responsible for the sudden rise in large Dogecoin transactions.
He said, “The number of big Dogecoin transactions is going up, which could mean that big investors and Dogecoin ‘whales’ (people or companies who own a lot of DOGE) are getting ready for a possible increase in price.”
Last week, Martinez noticed that these “whales” bought over $100 million worth of Dogecoin (DOGE) in just one day.
“Dogecoin whales bought more than 1 billion DOGE in 24 hours, which is about $108.7 million!”
With Dogecoin showing signs of getting stronger, Martinez now thinks DOGE might be getting ready to repeat the enormous price increases it had in 2017 and 2020.
He explained, “History tends to repeat itself, and Dogecoin might do the same thing again. There’s a familiar pattern: first, it breaks out of a long-lasting downtrend, then it surges by 200%, drops by 60%, and finally, the price skyrockets in a bull run.”
After a recent 65% price drop, Martinez believes DOGE could be getting ready for another big rally. He predicts it might soar past its all-time high of $0.7316, possibly going over $2!
XRP community discusses Ripple’s bigger plans beyond payments
The Ripple (XRP) community is talking again about Ripple’s long-term plans and how these could affect the price of XRP.
The host of Common Sense Crypto (CSC) thinks Ripple’s goals might be much bigger than just making cross-border payments more manageable. Even though these ideas are guesses, they have sparked conversations, especially about Codius, Ripple’s old intelligent contract platform.
Speculation on Ripple’s real plan recently, the CSC host brought back attention to Codius, saying Ripple’s true plans might be about more than just payments.
The host believes Ripple is getting ready to take over the entire derivatives market, which is a huge industry where trillions of dollars are traded every day.
This idea is based on some recent news. Last August, Ripple became part of the International Swaps and Derivatives Association (ISDA), which is a big deal in the world of derivatives. Also, the crypto exchange Bitstamp has been encouraging Ripple to help create a new derivatives exchange.
The CSC host mentioned Kendra Hill, an XRP community member who once said that cross-border payments were just a way for Ripple to test things.
DTX Exchange: A new favorite for Dogecoin whales with big rewards and Low fees
DTX Exchange is becoming a strong player in the crypto world. It’s catching the eye of big Dogecoin (DOGE) investors, who now prefer it over riskier coins like Ripple (XRP). So far, DTX Exchange has raised $3.8 million in its presale, showing that it could bring great returns soon.
DTX Exchange gives people who own DTX tokens a really cool way to get involved. It has special features that let them earn more DTX tokens by helping make big decisions for the platform. The more they take part, the more rewards they get in DTX tokens.
The most important part of this project is the DTX token itself. Right now, it’s worth $0.06, which is a big jump from its starting price of $0.02. But this low price won’t stay for long because it’s expected to go up to $0.08 soon. Experts believe that DTX could increase 30 times more in value after it gets listed on a big crypto exchange later this year.
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