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Following the recent downturn, the crypto market is experiencing a bounce. Solana (SOL) begins a comeback, with sights set on reclaiming the $200 support. Meanwhile, rising interest in Ripple (XRP) persists—one of the month’s top gainers.
At the same time, DTX Exchange (DTX), a new DeFi crypto, has become the latest investor favorite, standing out for its bullish narrative and growth prospects. Its innovative blend of TradFi and DeFi and staggering growth prospects as a low-cap gem make it arguably the best new crypto to invest in.
DTX Exchange (DTX): The Next to Explode?
DTX Exchange (DTX) is in the spotlight for its rapidly expanding community, selling out fast amid growing interest and demand. The presale crossed $11.8 million in funding this week and unlike most utility tokens, it isn’t backed by venture capital firms holding the majority of the supply.
Instead, its launch is democratized—everyone has an equal opportunity to participate in the presale and own the DTX tokens. With no fear of large whales waiting to dump on retail traders or token unlocks, it has been selling out quickly, outpacing most new ICOs. A token costs just $0.14 in the seventh round and is tipped by experts for a 50x upswing after Tier-1 exchange listings this quarter.
Backing this forecast are DTX’s solid fundamentals as the first hybrid trading platform. It will combine the best elements of CEX and DEX and bridge the gap between TradFi and DeFi, making it a one-stop platform. As the first crypto-native exchange to offer stocks, ETFs and forex, it is poised to reshape the $10 billion global trading scene and outperform top crypto coins like Solana (SOL) and Ripple (XRP).
Solana (SOL): Comeback Begins
After taking a big hit earlier this week, Solana (SOL) begins its comeback, charging forward. It hovers above $180, aiming to reclaim $203, its week high. Flipping this level will spark further upswings, potentially hitting $250 in the coming days.
Moreover, the Solana price trading above the 200-EMA and 200-SMA points to more price gain—one of the altcoins to watch. JohnnySignals, a top analyst on X, sees SOL hitting $300 to $400 during the thick of the bull run. MaxBrsNFT, another optimist, expects a run to $400 this cycle.
However, considering its large market cap, its upside potential pales compared to new cryptocurrencies like DTX Exchange (DTX). This new DeFi crypto is tipped for a 50x upswing this year and might be a more promising alternative to Solana.
Ripple (XRP): Is $10 a Conservative Price Target?
Defying broader bearish trends, Ripple’s (XRP) outperformance continues. It begins the year on a strong foot and has shown remarkable resilience during choppy market periods. While the rest of the market tumbled, the XRP price increased over 15% on the weekly chart, crossing $2.6.
Considering its bullish price actions over the past few months, analysts couldn’t be more bullish. XBT Liquidators, a leading expert, targets $27 to $30 this cycle, positioning Ripple (XRP) among the best cryptos to invest in. Meanwhile, Edward_farina believes XRP to $10 is a conservative price prediction.
At the same time, technical indicators point to further upswings, notably the 9-HMA and the MACD Level (12, 26). However, as the second largest altcoin, XRP can only witness so much growth, meaning the emerging DTX Exchange might be a better crypto pick.
DTX Exchange (DTX): A New DeFi Coin to Watch Alongside Solana (SOL) and Ripple (XRP)
While Solana (SOL) and Ripple (XRP) trade upward and eye further upswings, DTX Exchanges (DTX) promises more gains as a new and low-cap coin. Its listing is scheduled for Q1 and was recently pre-listed on CoinMarketCap. Considering the projected 50x jump in value, it might be the best crypto investment this cycle.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
