The crypto market’s run continues. Shiba Inu (SHIB) begins an uptrend after a subpar performance in the past few days. Ethereum (ETH), the leading altcoin, approaches $4,000. With more room for growth, these are altcoins to watch during this bull cycle.
At the same time, DTX Exchange (DTX), an emerging altcoin at the intersection of TradFi and DeFi, is tipped to skyrocket after its debut. Its intriguing blend of the best elements of CEX and DEX positions it for massive adoption, prompting experts to hail it as the best new crypto to invest in.
DTX Exchange (DTX): A New DeFi Project to Keep on the Radar
DTX Exchange (DTX) is one of the best presales and one of the new DeFi projects to watch out for. Since debuting on the investment block, its performance has been spectacular, recently surpassing the $9 million fundraising goal a remarkable milestone. Further, its unique offering a hybrid trading platform makes it a strong crypto contender.
At the crossroads between CEX and DEX, a hybrid exchange protocol will be born to reshape the $3.2 billion global trading market. It will be unlike any other, featuring elements like smart contracts, distributed liquidity pools, diverse asset pairs, and wallet-based trading. Financial exclusion and global inaccessibility to markets are challenges it aims to address, setting it up for massive adoption.
With a token price of $0.12 in the 6th ICO round, it presents a low entry to what is poised to explode. Industry experts predict a jump to $10 by January, positioning it among the best coins. As a low-cap gem, it boasts more upside potential than Ethereum (ETH) and Shiba Inu (SHIB), making it a must-have.
Shiba Inu (SHIB) Resumes Uptrend
Shiba Inu (SHIB), the leading memecoin on the Ethereum blockchain, regained momentum. The Shiba Inu price jumped over 20% on the weekly chart and retailed above $0.000031. It gained 75% in the past month, rising from a low of $0.000016.
According to experts, a rally above $0.00002 will likely shoot the SHIB price up, potentially surpassing the 2021 all-time high of $0.000084. Key indicators like the Shiba Inu price hovering above the 10-EMA and 10-SMA are buy signals hinting at more price gains.
Therealcryptojk, a crypto analyst on X (formerly Twitter), identified a SHIB breakout from a resistance zone and a potential breakout above March’s local high. JavonTM1, another expert, expects a rally above the current ATH, placing it among the best cryptos to invest in.
Ethereum (ETH) Approaches $4,000
Ethereum (ETH), the leading player on the altcoin list, is the second-largest cryptocurrency by market cap. It is at the forefront of the altseason; the Ethereum price soared 10% in the past seven days and 48% in the past month.
It changes hands above $3,700, rising from a month-low of $2,350. Next on its list is a breakout above $4,000, surpassing its annual high. Key technical indicators like a neutral 14-day RSI, 100-EMA, and 100-SMA support this price prediction, placing it among the top cryptos to invest in.
At the same time, a crypto analyst, ColdBloodShill, expects Ethereum (ETH) to hit $4,000 soon. Meanwhile, Kanyewestisgoo suggests a rally above the 2021 ATH of $4,8000 and a jump to $8,000 by 2025.
DTX Exchange (DTX): Primed to Explode and Potentially Outperforming Ethereum (ETH) and Shiba Inu (SHIB)
DTX Exchange (DTX) is a low-cap gem with plenty of room to run. Moreover, its blend of the best CEX and DEX elements while standing at the intersection of TradFi and DeFi screams explosive growth. Poised to outperform large caps like Ethereum (ETH) and Shiba Inu (SHIB), it is a must-have.
Learn more:
This news is republished from another source. You can check the original article here
