The political scene in the US has transformed, and now one-third of voters will consider the candidates' stance on cryptocurrencies before voting. This is a crucial change for the industry because endorsement from politicians may lead to wider adoption. Thus, many cryptos could benefit from this increased interest.
These are the top 5 cryptocurrencies you should keep an eye on: DTX Exchange (DTX), Core (CORE), Pendle (PENDLE), Solana (SOL) and Chiliz (CHZ). Let's review all these cryptos and find out why they may soar soon.
DTX Exchange (DTX) is making a name for itself in the crypto market. Thanks to its combination of centralized (CEX) and decentralized (DEX) features, DTX Exchange introduces a unique hybrid trading platform that revolutionizes online trading. This hybrid model lets this project tap into many flourishing markets, such as bonds, valued at $133T in 2023.
Unlike Binance or Coinbase, which focus only on cryptos, DTX Exchange lets traders access over 120,000 asset classes with a leverage of up to 1000x. Not only that, DTX Exchange stands out in terms of privacy since it does not require any KYC checks. This lets worldwide traders remain anonymous when trading cryptos, bonds or stocks.
At the heart of this platform is the DTX utility token. Holding this token is the key to obtaining trading fee discounts, governance voting rights, and priority customer support. Moreover, those who buy $100 of DTX may earn $100,000, as DTX Exchange announced that a $1M giveaway is coming for presale buyers only.
DTX is worth $0.04 in Stage 2 of its presale. Early buyers are enjoying a 100% ROI. However, experts predict a potential jump to $0.5 once this crypto hits Tier-1 exchanges in Q3 of 2024. Due to all these reasons, traders are rushing to its presale, which has raised nearly $600K and is on track to hit $1M before May 2024 ends—making DTX one of the top crypto coins.
Recently, Core (CORE) has been showing bullish signs. Over the past year alone, the CORE value soared nearly 150%. Moreover, this bullish trend will continue as Coinbase announced that Core may be listed soon. Although the official date is still not known, the mere act of listing CORE on its roadmap is a bullish sign.
Not only that, but the technical analysis of this crypto is also showing some green signals. For example, the Core coin is trading above its 21- and 50-day EMAs, while 24 technical indicators are in the buy zone. As a result of all this Core news and indicators, experts forecast a potential jump to $3.42 within Q2 of 2024.
Next, we have to talk about Pendle (PENDLE), riding a bullish wave. According to CoinMarketCap data, the Pendle price increased over 1500% in the past year alone. Crypto analyst Jason Pizzino has also made a bullish prediction. In his YouTube video, he claims that PENDLE may be a strong crypto in the next bull run.
The Pendle crypto technical analysis also supports this statement. There are over 24 green technical indicators while PENDLE trades above its 50- and 100-day EMAs. Therefore, market analysts have made a bullish Pendle price prediction. They foresee its value reaching $9.84 before Q2 of 2024 ends - making it one of the best cryptos.
In the second to last place on our top crypto coins list is Solana (SOL). CoinMarketCap data shows that the Solana price jumped nearly 750% on the YTD chart. Daniel Cheung, the co-founder of a hedge fund named Syncracy Capital, predicts that this is just the beginning. In his X post, Cheung claims that SOL may reclaim $200 soon thanks to its Firedancer upgrade.
Technical analysis for Solana is likewise optimistic. It trades above its 100-day and 200-day EMAs, with 17 technical indicators giving a buy signal. With this optimistic view, specialists expect the growth of the Solana coin to be explosive. In their Solana price predictions, they estimate that SOL will reach $195 by the close of Q2 2024.
Last, we will talk about Chiliz (CHZ). This crypto is gaining attention thanks to some good whale activity. According to Santiment, the Chiliz coin has experienced a pump to 6-week highs as whales have added 42.67 CHZ tokens in just 30 days. This bullish trend may continue if whales keep adding tokens.
The Chiliz coin value movement rose nearly 50% in the past year. Additionally, Chiliz is now trading above its 100—and 200-day EMAs, while 27 indicators are in the buy zone. Thanks to all this bullish Chiliz news and indicators, market analysts foresee a jump to $0.19 before Q2 of 2024 ends.
The focus on cryptocurrencies has never been so strong as American voters begin to rank their choices based on a candidate's crypto policies. In this landscape, DTX Exchange, Core, Pendle, Solana, and Chiliz are worth keeping an eye on. However, DTX Exchange stands out as it has ties to the trillion-dollar stock market and a low market cap.
With all these factors, DTX has the potential to outshine the rest in terms of growth since it needs way less new funds. Sign up for the DTX presale using the links below to purchase one of the best cryptos.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.