The bull market isn’t slowing down, with the coming days and weeks promising even more gains. Despite the upside potential of top altcoins like Ripple (XRP) and Shiba Inu (SHIB), a new DeFi gem has stolen the spotlight: DTX Exchange (DTX).
This new altcoin is one of the new DeFi projects to watch due to its substantial growth prospects. As a low-cap gem, it has plenty of room to run compared to most top crypto coins, driving demand.
DTX Exchange (DTX): A Better Bet Than Popular Cryptos
DTX Exchange (DTX) is a new low-cap gem gearing up to make its mark in the crypto space. More than just an altcoin, it aims to transform the $10 billion global trading space with a hybrid exchange protocol. As expected, investors and traders have been showing a keen interest.
Unlike popular cryptocurrencies, it is heavily discounted. It costs just $0.12 in the sixth round of the ICO and is abuzz with potential as an up-and-coming altcoin. With its launch date around the corner after crossing $9.4 million in early funding, industry experts project a 50x rally, potentially outperforming Ripple (XRP) and Shiba Inu (SHIB).
Meanwhile, its hybrid exchange protocol will be its most distinguishing feature. Compared to existing players, it will combine the best elements of CEX and DEX, addressing key challenges like financial exclusion and global inaccessibility to markets and assets. Further, through tokenization, it will allow the trading of thousands of TradFi assets, including stocks, ETFs and forex, alongside cryptocurrencies.
Ripple (XRP): Further Gains?
Ripple (XRP), quarter four’s biggest highlight, maintains bullish momentum. Meanwhile, technical indicators like the MACD level (12, 26) and 20-VWMA hint at future gains, placing it among the altcoins to watch.
Outperforming the crypto market, the XRP price scored an 80% uptick in the past seven days, retailing above $2.5. The price soared 400% on the monthly chart, breezing past most top altcoins. With experts anticipating further gains, it is a promising wave not to miss.
CryptoGeekNews, an XRP enthusiast and top analyst, believes the altcoin would hit $5.98 in the coming days and $9.87 by the month’s end. MrMemeAndDream, another crypto analyst, shared via X an ADA rally to $4.10 by the end of the year—a more modest forecast.
Shiba Inu (SHIB): The Leading Meme on the Ethereum Blockchain
Shiba Inu (SHIB), the top Ethereum meme, swung high. With more to come, SHIB is a top crypto to invest in. A crypto investor and analyst, CW8900, targets $0.000038. Another top analyst, JavonTM1, believes a rally above its all-time high of $0.000081 is on the cards.
Key technical indicators support this bullish forecast. The Shiba Inu (SHIB) price trading above the 10-SMA and 10-EMA represents buy signals, suggesting huge price gains. At the current price, it presents a good entry.
Meanwhile, the Shiba Inu price retails above $0.00003 after a 20% upswing on the weekly chart. It registered a 75% gain in the past month, outperforming many top crypto coins. Eyeing a monthly close above $0.00004, it is one of the cryptos to watch.
DTX Exchange (DTX): A New Altcoin With More Upside Potential Than Ripple (XRP) and Shiba Inu (SHIB)
DTX Exchange’s (DTX) huge growth prospects as a low-cap gem make it a new favorite. Compared to Ripple (XRP) and Shiba Inu (SHIB), it has more room for growth, driving demand. More importantly, its future transformation of the global trading scene via a hybrid exchange protocol makes it a new DeFi project worth keeping on the radar.
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