This week has been the most exciting of late, marked by Trump’s election victory. The crypto market skyrocketed and some of the biggest highlights are Cardano (ADA) returning to the top 10 cryptocurrencies and the explosive growth of Dogecoin (DOGE).
Additionally, DTX Exchange (DTX) skyrocketed in presale, hitting the $7 million fundraising milestone. This feat, representing a vote of confidence, positions it as the best new crypto to invest in.
DTX Exchange (DTX): Quarter 4 Best Presale?
DTX Exchange (DTX) leads the ICO niche after its remarkable performance. It crossed $7 million in early funding, breezing past most new ICOs. Moreover, it has been hailed as the best presale by top analysts, highlighting why it is a must-have.
As it approaches its debut, this is a new DeFi project not to miss. The presale is in the fourth round, with a token heavily discounted at $0.08 and primed to skyrocket. Given its impending adoption as a hybrid trading platform and its fast-growing community, experts predict a 65x rally after listing on Tier 1 exchanges.
Taking a unique approach to trading, it will combine key elements of CEX and DEX, presenting the best of both worlds. Users will be able to trade over 120,000 asset classes with up to 1,000x leverage on select assets. It aims to become a strong contender in the $10 billion global trading market with features like wallet-based trading and non-custodial storage solutions, aiming to challenge the dominance of Cardano (ADA) and Dogecoin (DOGE).
Cardano (ADA): Back to the Top 10
Cardano (ADA), a leading DeFi platform, regained its position as a top-10 cryptocurrency. The Layer-1 token exploded, driven by bullish sentiments after Trump’s election victory. Trading in tandem with the overall crypto market, it is on the list of altcoins to watch.
The Cardano price skyrocketed over 20% in the past 7 days, trading above $0.42, a level last seen in July. Aiming for a breakout above $0.50, savvy investors have been betting big. Meanwhile, a crypto analyst maintains their bullish stance of a jump to $8. But can it?
Its last all-time high was $3.10 three years ago in 2023. Since then, there has been an over 80% decline from its peak. However, the consensus is that the dip presents a good entry, making it a good crypto to buy. Moreover, TradingView’s Awesome Oscillator is at 0.011, the same as Momentum (10) at 0.070, both bullish signals.
Dogecoin (DOGE): Over 30% Rally in the Past 7 Days
Dogecoin (DOGE), the first and leading memecoin, is among the biggest highlights this week. Trump’s victory ushered in a strong bullish wave, with memecoins leading this charge. As the top meme, DOGE was at the forefront.
Leading the meme craze, the Dogecoin price soared over 20% in the past 7 days, hitting $0.21. Considering current market conditions, the coming days promise even more gains. A crypto analyst highlights how Dogecoin (DOGE) breaking out to new ATHs would be crucial to a memecoin super cycle, with $4.20 to $9.69 as their target.
With a new all-time high imminent, DOGE is a top crypto to invest in. Key indicators like the simple moving average (100) at 0.11740 and the exponential moving average (200) at 0.12505 suggest a bounce.
Is DTX Exchange (DTX) a New Contender Against Dogecoin (DOGE) and Cardano (ADA)?
The crypto market is on the upside, with Cardano (ADA) returning to the top 10 cryptocurrencies and Dogecoin (DOGE) leading in gains. Meanwhile, DTX Exchange (DTX), an emerging cryptocurrency, crossed $7 million in early funding and is hailed as the best presale. As it approaches its launch, it is a promising wave not to miss.
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