The crypto market might be experiencing a slight uptick but is it just a dead cat bounce? Among the tokens hit the hardest, the Solana coin is at the forefront and might plummet further if key support is breached. Also, the Dogecoin price is in the red, with technical indicators signaling another dump.
Meanwhile, DTX Exchange (DTX), offering a safe haven against market shocks and promising significant ROIs, is the latest favorite among investors. Amid huge demand, early funding has surpassed $15.9 million and the number of holders has passed 700,000—a new DeFi project to watch. Scheduled to launch this quarter, it has been hailed as the best new crypto to invest in.
DTX Exchange (DTX), dubbed the next big thing, might be this year’s best crypto investment. It stands out for several reasons, from outperforming the declining Dogecoin price to boasting higher growth prospects than the Solana coin. As a low-cap, it has plenty of room to run, not to mention its bullish narrative—a blend of DeFi and TradFi.
Expected to go live on Tier-1 exchanges this quarter, experts are optimistic about DTX being one of the best ICOs to invest in. A token costs only $0.18 in the bonus ICO round, presenting a 2x gain at the listing price of $0.36. That isn’t all. New investors can make up to 4x ROI by applying “LIST2X” at the checkout for a 100% bonus on purchases.
Meanwhile, experts predict a 75x rally this year—one of the best altcoins to buy. Beyond the gains, it is fundamentally solid, standing at the intersection between DeFi and TradFi. It will become the first crypto-native platform to offer stocks, ETFs, bonds and over 120,000 currency pairs, setting it up for adoption. Its blend of key elements of CEX and DEX sets it apart even more.
The Solana coin is down over 10% in the past seven days, changing hands at above $120. Down over 55% from its January all-time high of $294, the past few months have been a wild ride, to say the least.
A weekly close under $120 might lead to a cascading sell-off below $100. Considering technical indicators like the 20-VWMA, the Solana coin might experience further downswings. However, the Commodity Channel Index (20) and 9-HMA signal a shift in market trends.
Despite current market conditions, top analysts are maintaining a bullish stance. Captain Rice, a crypto analyst, targets $1,500 in Q2. HeyitsWolf17, another leading expert on X, expects the Solana coin to run past $1,400. However, at the current price, the Solana coin is not as promising as DTX—a new altcoin primed for a 75x rally.
The Dogecoin price crashed alongside the broader crypto market, down over 15% on the weekly charts. It retails around $0.16 but the worst might not be over despite the 10% daily increase.
Key technical indicators like the MACD Level (12, 26) hint at a dip in the Dogecoin price. A fall below critical support might add another zero to the current price. However, the Commodity Channel Index (20) and Stochastic RSI Fast suggest now might be a good time to buy in anticipation of a bounce.
BraVoCycles, holding a bearish outlook, believes the Dogecoin price may drop as low as $0.05. Meanwhile, Vnzabbar, a leading expert on X, targets $0.18 next and a potential rally toward $0.30 in the Dogecoin price. However, investors seeking to make the most of this cycle are betting more on DTX. This is courtesy of its solid narrative—a blend of DeFi and TradFi—and massive upside.
As a new and low-cap gem, DTX Exchange (DTX) might be a better bet than the Solana coin. Moreover, it has become a safe haven as the Dogecoin price nosedived, laying the foundation for an explosive debut. Set to shake up the crypto market, it is a promising wave worth taking advantage of.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
share
TheNewsCrypto – Read More