In the crypto space, whales have been making some major moves recently. This time, attention is directed to Ripple (XRP), DTX Exchange (DTX) and Solana (SOL). While most are familiar with XRP and SOL, DTX is a crypto now in Stage 2 of its presale.
Some analysts think that DTX could be the next 70x crypto in 2024. Although all of these crypto coins are being watched, whales are paying special attention to one. Keep reading to find out which one.
Ripple (XRP) is a coin that has recently seen some turbulence. As CoinMarketCap stats show, the price of Ripple dropped nearly 4% in the past month alone. Nevertheless, it is still up over 10% on the YTD chart. Crypto analyst DustyBC also made a bold statement. In his X post, he claims that XRP will go crazy after it sees a major rally - potentially hitting the $2.30 level.
With the upcoming Ripple Swell event, this rally may come sooner than expected. Even Brad Garlinghouse said this event will be the best as it has many exciting speakers. These include Philip Martin, the CSO of Coinbase and NYDFS Superintendent Adrienne Harris.
As a result, other market analysts are also bullish. They predict XRP's rise to $0.64 in September 2024. Some whales are turning to this coin thanks to this Ripple price prediction.
DTX Exchange (DTX) is one of the hottest coins this summer. Whales are becoming more interested in it thanks to its great presale performance. So far, DTX Exchange has raised over $1.6M and is on track to reach $2M before August 31, 2024. Demand is so high that even big YouTubers like Crypto Royal view DTX Exchange as the next big thing in crypto.
DTX Exchange says this hybrid trading platform will combine the best CEX and DEX features. With this model, people can buy around 120K asset classes like gold, stocks and cryptos at 1000x leverage. Hype is also growing as DTX Exchange announced a new DTX product - the DTX wallet which will let people securely store cryptos.'
The DTX token will power this platform while giving its holders many perks, such as low trading fees and better analytics tools. It is now worth just $0.04 in Stage 2 of its presale. But this price will jump to $0.06 in Stage 3 - a 50% return for those who buy it now. Experts predict another 70x surge after a big Tier-1 exchange listing happens in Q3 of 2024.
Meanwhile, Solana (SOL) has been trading in the green. In the past seven days alone, the Solana price jumped over 7%. Crypto analyst Curb remains confident in its growth potential. In his X post, he says that SOL has consolidated in the $120-$210 region for 180 days. Once this consolidation breaks, this move is going to be huge—potentially reaching $800-$1,000.
The technicals for the Solana crypto are also showing some good signs. For instance, SOL's RSI now sits at 80, which is in the buy zone. These signals show that bulls are in control.
In their Solana price prediction, experts foresee a rise to $170 before the end of October 2024. Therefore, whales are gravitating to it.
While all three of these crypto coins may surge, one stands out. This is DTX Exchange since it has a smaller market cap than Ripple and Solana. This rookie also has connections to the successful gold market valued at $17T. With these perks, DTX needs less money for its value to rise. Thus, whales are focusing more on this newcomer.
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