It was a close call deciding which token, Dogecoin (DOGE) or SUI, would be the bigger sensation on Monday, October 14, 2024. Both tokens started trading on the front foot, surging to 5% and 6% gains, respectively. But while Dogecoin seems overbought, Sui holds potential for the future.
There’s one more coin preparing to break into the top crypto ranks. DTX Exchange (DTX) plans to make a break as huge as SUI’s, and analysts believe it has what it takes.
The Dogecoin Spike After SpaceX’s Latest Milestone Could Be All Hype
The SpaceX achievement on Sunday, October 13, 2024, shook the world, considering its prospects for interplanetary travel. The company successfully launched a space station while guiding its booster stage, which dislodged in the atmosphere, to a robotic ‘parking space’ at the station from which it was launched.
For most crypto veterans, the spike in Dogecoin on Monday, October 14, was almost expected, as the token is heavily correlated with Elon Musk. Most news about the billionaire reflects on Dogecoin as gains, and Monday’s was no different.
Dogecoin is valued at $0.1163, 8.52% up from last week, although much of it is still hype. The token will have to break its resistance at $0.14 for most users to consider it for investments.
SUI Gets Solana Comparisons Again
The Sui ecosystem has been developing under the radar for over a year, consolidating at times but never really straying from the hearts of crypto traders. While the SUI token reached an initial ATH in March 2024, the bearish market pulled it under, down to about $0.5 in August.
Less than two months after that, SUI is the toast of the crypto market, forcing even the top tokens into terror as it presses for a spot among the top 50 tokens in the market. SUI is building on its 125% gains in September with a steady rise in October; with the altcoin season almost upon us, SUI will be up for a different outlook next month.
Some analysts indicate that Sui could overtake Solana soon, even when Solana’s market cap is six times that of Sui. The SUI token has reset its ATH and trades at $2.22, 5.83% down from its peak.
DTX Exchange: Hybrid Features, Hybrid Blockchain
The DTX Exchange project features intersections between several aspects of DeFi and other financial sectors to create a seamless experience for traders. The platform offers a confluence marketplace for every digital trader specializing in crypto, stocks, or Forex.
DTX Exchange’s operations feature a long list of assets to trade with–about 120,000–to complement the seamless trading experience. Equity products like stocks, bonds, and foreign currencies are listed among the tradable assets on the platform. At any rate, your dreams of a diverse portfolio are a reality on DTX.
There are several advantages to trading on DTX, but the greatest is managing your assets from a single dashboard. The DTX wallet is a multi-asset interface that stores and helps track your assets’ statuses. Essentially, you get how your assets are doing at a glance.
Sundry features, like the no-KYC policy and the fully audited smart contracts, are also common to all DEX platforms.
The developers on DTX Exchange pulled all the stops to ensure the platform remains a masterpiece. The crowning moment for that masterpiece is drawing nearer, and here’s your chance to get on the presale train.
DTX and SUI to Oust Doge From the Spotlight?
Dogecoin’s spike could be a stunt, but SUI’s surge is a product of months of development. Meanwhile, DTX Exchange is looking to be the next DeFi sensation, edging past Dogecoin in the crypto spotlight.
Experts foresee a price trajectory where the DTX token could reach $1 after launch, and investors are growing optimistic that this could be the next millionaire in the crypto market.
The DTX token is in presale Stage 4 and offers 50% ROI by launch day. It is worth $0.08, and the goal is a $0.12 launch price.
Learn more:
This news is republished from another source. You can check the original article here
