The crypto space saw some exciting developments recently as the Pennsylvania House passed a new crypto bill. This bill sets guidelines for taxing Bitcoin (BTC) transactions and its use as a payment method. Thanks to this event, many altcoins may skyrocket on the price charts.
Experts are now focusing on Dogecoin (DOGE), Sui (SUI), and a new ICO that has made headlines—DTX Exchange (DTX). Recently, the DTX token was listed on CoinMarketCap. With this stamp of approval, DTX Exchange’s investor pool keeps growing. As some analysts suggest, this could spark a 10x rally for this altcoin.
Elon Musk Only Likes Dogecoin (DOGE), Price Increases
Elon Musk made some waves in the crypto market again. Notably, Musk spoke at a Town Hall in Pittsburgh, Pennsylvania, where he said he is not involved in crypto but likes Dogecoin (DOGE). He further elaborated that Dogecoin has dogs and memes, which he enjoys.
This news caused the Dogecoin crypto to see some price growth. CoinMarketCap shows that the Dogecoin price jumped nearly 3% on the weekly chart. Dogecoin (DOGE) is trading between $0.1343 and $0.138.
Crypto analyst Backwards says that this altcoin is holding strong. According to his X post, a potential Donald Trump appearance on the Joe Rogan Experience may cause Dogecoin to surge. In his Dogecoin price prediction, he foresees a rise to $0.23.
Sui (SUI) Price May Rise Following Coinbase Announcement
Sui (SUI) has also seen some good price growth. In the past month alone, the price of Sui increased around 10%, according to CoinMarketCap. This can be attributed to the recent partnership between Sui and Google Cloud through ZettaBlock.
However, experts think another Sui (SUI) rally may soon come. Recently, Coinbase announced that it has enabled USDC deposits and withdrawals on Sui. Therefore, people can now send USDC to their Sui wallets using Coinbase.
This news could raise interest in this crypto currency. Plus, the Sui crypto is now above its 50-day EMA ($1.69) and its 100-day EMA ($1.43). According to his Sui price prediction, crypto analyst Knight says that a breakout to the $2.53 level could happen.
DTX Exchange (DTX) Gets Listed on CoinMarketCap, Exciting Investors
DTX Exchange (DTX) also saw some noteworthy events unfold recently. For instance, CoinMarketCap listed this new altcoin. With this development, DTX Exchange gets approval from one of the most referenced price-tracking websites in the crypto space.
As more people familiarize themselves with DTX Exchange, its presale may shine. Currently, this crypto ICO event is in phase four. However, it has already raised nearly $6M and could hit $7M before this month ends. Furthermore, those who bought this altcoin early are seeing 300% returns.
The DTX utility token will power the DTX Exchange, a hybrid trading platform. On it, people will trade over 120K asset classes like stocks, crypto coins, and FX in privacy through no sign-up KYC checks. DTX costs $0.08, but phase five will bring a price jump to $0.10. Since the DTX Exchange also taps into many markets, like the $1.4T FX one, its long-term growth and stability appear great. Thus, experts forecast a potential 10x surge in 2025 for this altcoin.
What Lies Ahead for Dogecoin (DOGE), Sui (SUI) & DTX Exchange (DTX)?
With more bills potentially passed concerning regulatory clarity for crypto coins, the market could see more adoption. In this space, Dogecoin (DOGE), Sui (SUI) and DTX Exchange (DTX) all have the potential to surge. Experts think DTX could see big gains first since it will have a smaller market cap, which means faster price growth with less money.
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