Sentiment has been largely cautious less than two weeks before the US election. That said, savvy investors have been doubling down on promising altcoins with solid fundamentals. Capturing market interest is DTX Exchange (DTX), a new exchange-based token with a whopping $6 million and counting in early funding.
Its real-world applications—the first hybrid trading platform—continue to make headlines. At the same time, its explosive upside potential makes it a clear favorite ahead of large caps like Solana (SOL) and Dogecoin (DOGE). Learn why this is a new DeFi project to watch out for.
DTX Exchange (DTX) has been one of the biggest highlights this “Uptober.” It exploded, soaring past the $6 million fundraising milestone and making headlines this week. Its innovative hybrid exchange protocol also puts it on whales’ radars, not to mention its staggering upside potential.
Its intriguing blend of centralized and decentralized exchanges, while standing at the crossroads between TradFi and DeFi, has been hailed as groundbreaking. As a one-stop trading platform, it will meet all trading needs, from wallet-based trading for financial inclusion to non-custodial storage solutions for asset security. This makes it poised to transform the $10 billion global trading scene.
The coming weeks promise to be more exciting, considering its imminent launch, with the token already pre-listed on CoinMarketCap. In round four of the ICO, a token costs only $0.08, providing a good entry and offering a potential 50x gain after its debut. This unique approach to trading, massive upside potential and huge strides in the ICO world make it a whale favorite ahead of Solana (SOL) and Dogecoin (DOGE).
Despite cautious sentiment ahead of the US election, Solana (SOL) has been impressive. The DeFi powerhouse, which assists with creating decentralized applications (dApps), boasts one of the most vibrant ecosystems.
Spurred by the renewed interest in memecoins, Solana (SOL) gained significant traction. The Solana price skyrocketed over 6% in the past 7 days, changing hands above the $170 mark. It is a striking distance from its yearly high, positioning it as one of the altcoins to watch out for.
Moreover, the coming weeks promise further upsides—a Trump presidency might be more bullish for SOL. It is tipped to end the year above $300, creating an all-time high and surpassing its 2021 peak of $260. But is it more promising than new altcoins with significant growth prospects?
Dogecoin (DOGE) is one of the best altcoins considering its pioneering status. After its launch in 2013, it ushered in the meme narrative, becoming the frontrunner of one of the most profitable crypto niches. The past few days have also been promising for the dog-themed cryptocurrencies.
Gaining notable traction, Dogecoin (DOGE) crossed the $0.14 resistance, soaring over 15% in the past 30 days. The Dogecoin price hovers around $0.144, primed for a breakout above the next resistance soon.
As it prepares to flip its 2021 all-time high of $0.73, Dogecoin (DOGE) might be one of the best coins to invest in. It is not only budget-friendly at its current price but is also one of the most promising altcoins. A Dogecoin price prediction suggests a rally above $1 before the year’s end, positioning it as one of the best cryptos to buy.
DTX Exchange’s (DTX) presale success has captured whales’ attention. Its innovative approach to trading and significant upside potential cannot be overlooked either, driving huge whale interest ahead of top altcoins like Solana (SOL) and Dogecoin (DOGE).
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