Witnessing the highly bullish rallies in Solana (SOL) and PEPE networks, market experts shifted their focus on the presale powerhouse DTX Exchange (DTX) after it raised $8.76 million in its ongoing presale phase. Analysts think this could trigger a new all-time high for this deFi project as it prepares to experience new heights after earning a grand listing in the near term.
Will Solana (SOL) Hit $1,000? Here’s What We Think
As of November 2024, the Solana (SOL) price is trading around $240, with a market cap exceeding $100 billion. It has experienced a significant price surge, climbing 48% in the past month. This momentum is driven by strong network activity and positive sentiment in the crypto market.
Solana (SOL) is currently the fourth-largest cryptocurrency in the entire ecosystem, with a market cap of approximately $20 billion smaller than Tether, which holds the third position. Moreover, as shown in the chart below, its price has tested the highest levels in over three years, nearing the all-time high of nearly $268 set on November 8, 2021.
Source: CoinMarketCap
From a technical analysis standpoint, Solana (SOL) has broken through a significant resistance zone at $190, which had contained the price within a consolidation range since April. Following this dynamic breakout, the price has moved upward, establishing new support at $230, where local lows and the 23.6% Fibonacci retracement level align.
Memecoin Sensation PEPE Might Touch the $1 Mark
PEPE coin price has retreated this week and moved into a technical bear market after falling by 30% from its November high. This crash mirrors that of other meme coins like Dogecoin, Popcat, and Floki.
Still, one analyst believes that PEPE can still stage a remarkable comeback and surge to $. In an X post, Comet, who has more than 81,000 followers, said that he bought 1 million PEPE coins, paying $19 for the transaction. He now expects that he will become a millionaire when the coin jumps to $1.
PEPE has a market cap of over $7.6 billion, meaning that a jump to $1 would bring its valuation to $416.6 trillion, a figure that is higher than the combined market cap of all publicly traded companies and the world GDP of $105.4 trillion. As such, while anything is possible in the crypto industry, it is highly unlikely that the PEPE coin price will jump to $1 any time soon.
DTX Exchange (DTX) Poised To Jump 15,000% Post-Listing
DTX Exchange (DTX) is rumored to claim colossal 15,000% gains following its grand listing on the web. Analysts base their observations on a similar event that took place after DTX was listed on the data aggregation platform CoinMarketCap. Keeping the same performance flow in mind, analysts are positive that it will outperform competitors just like it did after listing on CMC.
Following this optimistic narrative in the market, investors have rushed to this emerging project and injected millions to claim big money. As of November 2024, DTX Exchange (DTX) boasts a 160,000-member online community. Its rapidly growing investor confidence and community support might turn this rumor into a piece of news anytime soon.
Analysts Predict DTX Exchange’s Listing on Coinbase
DTX Exchange (DTX) might secure a spot on the Coinbase listing in 2025. This is what one of the analysts claimed while observing DTX Exchange’s presale performance. With the current milestone of $8.76 million, this emerging project could bag more than $4 million in the near term and outshine the majority of fluctuating projects in the market right now.
As Solana (SOL) and PEPE present strong performance dynamics in front of the DTX Exchange (DTX), its purchase trend among bullish investors paints a positive image for the network in the near term. If you haven’t already signed up for this platform, join now and claim bonuses and rewards!
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