🚀 Stay Ahead with AltcoinDaily.co! 🌐
The year gradually approaches its end, with investors taking up strategic positions, especially whales. According to a wallet tracker, funds have been quietly moving from Solana (SOL) and Ripple (XRP) investors to DTX Exchange (DTX), a new exchange-based token. The implication?
Liquidity flowing from top altcoins to new players is a bullish indicator. And as they say, “Follow the money.” DTX, an emerging cryptocurrency, stands at the crossroads between TradFi and DeFi and combines the best elements of CEX and DEX, positioning it among the best cryptos to invest in.
DTX Exchange (DTX): 50x Gain by December?
DTX Exchange (DTX) is a new player buzzing with potential and capturing the attention of big players, including Solana (SOL) and Ripple (XRP) whales. Besides the obvious staggering upside potential, its blend of DeFi and TradFi makes it poised to reshape the $10 billion global trading market.
🌟 Unlock Crypto Insights with AltcoinDaily.co! 💰
Meanwhile, its hybrid approach to trading will see it blend the best features of centralized and decentralized exchanges. This includes wallet-based trading, non-custodial trading of assets and enhanced liquidity, all wrapped in an intuitive user experience. As a one-stop platform for the trading of thousands of asset classes, its adoption is imminent.
Further, the ongoing presale presents the best opportunity to become early adopters—savvy investors have been making the most of this opportunity. Over $4.6 million has been raised in funding and a token costs only $0.08 in the 4th round of the ICO. With adoption on the horizon, industry experts believe it is primed for a 50x upswing by December.
Solana (SOL): Eyes a Rally Above $165
The crypto market has been up for days now and Solana (SOL) is no different. The battle for the next price trend intensifies between the bears and bulls, with no clear winner. But given October’s historical bullishness, a more positive price action isn’t out of the question.
🦂 AltcoinDaily.co is your trusted source for the latest in crypto news and insights. 🚀
Given its rising popularity, its ascent can be largely linked to the growing adoption of the Solana blockchain. The DeFi platform facilitates the creation of decentralized applications, popularly called dApps and hosts other cryptocurrencies.
In the past 7 days, the Solana price increased by 4%, changing hands above $152. With no clear market trajectory, many traders have been sitting on their hands. However, a bullish Solana price prediction suggests a jump above $165 in the coming days—one of the altcoins to watch out for.
Ripple (XRP): Eyes on a Big Leap
Ripple (XRP) is a top-10 cryptocurrency. Its appeal can be linked to its real-world use case as a payment protocol for cross-border payments and institutional appetite. However, the recent appeal by the US SEC in the Ripple case casts a big shadow.
Like the rest of the crypto market, Ripple (XRP) has been underwhelming, especially with its ongoing legal tussle with the SEC—since 2020. The XRP price nosedived over 7% on the monthly charts, trading above the $0.52 support.
It moves within a large symmetrical triangle in the monthly timeframe and according to an XRP price prediction, a breakout is imminent. The potential upside target is $1.30, positioning it among the top cryptos to invest in.
Conclusion
Amid its significant growth prospects and a unique narrative as a hybrid exchange protocol, Solana (SOL) and Ripple (XRP) holders have been showing a keen interest in DTX Exchange (DTX). As it sails toward adoption, it has been rightfully hailed as this quarter’s best presale—one of the best coins to invest in.
Learn more:
