Profits are the metric for the new year's investments, and traders have a long list of options at the moment. Some analysts believe crypto is mostly about meme coins now, so our list here features some of the top-performing meme tokens like Shiba Inu (SHIB) and Dogwifhat (WIF).
But there's something in there for DeFi coins, especially Sui (SUI) and the new DeFi coin, DTX Exchange (DTX). And there's a possibility the tokens could all flip $500 investments to $50,000 by the start of the new year.
Here's what the market looks like for each of them!
The SHIB price is on the rise now, and it's great news for Shiba Inu holders. The token is 137% up from its lows in August, and like many meme coins, it must be due to Trump's recent win at the US presidential polls.
However, the more direct cause of Shiba Inu's surge is its relationship with Bitcoin. With Bitcoin recently beating the $90,000 mark to hit a new ATH, the momentum could rub off on Shiba Inu, too.
Shiba Inu’s SHIB is trading at $0.00002372, 23.34% up from the past week. One expert analyst, Solberg Invest, believes that the SHIB price is repeating history, and they expect SHIB to make ATH this year.
If meme coins delivered the desired profits from the ongoing bull run, Dogwifhat and its Solana-based counterparts outdid themselves.
Solana's investors were practically holding their breath until the US presidential elections; when Donald Trump was announced as the winner, the Solana ecosystem exploded.
With Solana's surge, Dogwifhat was always on the cards to rise, too. Then came Robinhood and Coinbase’s November 13 listing announcements that saw the WIF token hit 21% gains only hours later.
Dogwifhat’s WIF now trades at $3.48, with 40.84% in net gains on the weekly timeframe, making it one of the top-gaining meme coins in the crypto market.
The SUI token was the highlight of the start of Q4 2024, as the token started in October with a 125% cumulative surge from September. Typically, those are meme coin numbers, but the DeFi token managed to pull it off.
The massive correction that followed had traders and analysts question SUI's potential, but not for long. November opened the path for the bull run, and Sui is back up and in business. Having started the month at $1.69, it is encouraging to have Sui trading at $3.30 after setting its new ATH at $3.51.
SUI's support is pegged at $3.20, but it might not need that. The token is on a roll, and the only way is up.
Meme coins have been regarded as tokens for beginners, owing to the complexities in the DeFi sector. Before the new wave and the DTX Exchange, the typical DeFi platform was difficult to understand and even worse to navigate.
DTX Exchange keeps its features balanced, however. The platform simplifies things for newbies, while its more experienced users can get straight to exploring the many offerings on the platform.
One such feature is the 120,000 tradable assets list. The idea is to let everyone play (trade) to their strengths without missing out on other financial markets. On DTX Exchange, traders can choose from foreign currencies, crypto tokens, and equity products to kickstart their trading journey.
DTX Exchange also rewards success. If a trader happens to be highly successful, he can join the VIP Rebate Initiative and start earning passively. The rewards are up to 3% of the total daily trading profits, and that's different from the trading profits.
DTX Exchange is now on CoinMarketCap (pre-listed), and its smart contracts have been audited by SolidProof for operations, and it runs a ‘no KYC’ policy. Hence, traders are also trusting the project for security and privacy.
All four of DTX Exchange, Shiba Inu, Dogwifhat, and SUI, have been tipped for massive returns by the beginning of 2025. However, with how attractive DTX Exchange would be to traders, the project would enjoy great patronage.
Experts are now tipping its DTX token for up to 1,000% gains. The project has raised over $7.8 million so far in its presale. The token is currently worth $0.10 in Stage 5, with the launch price set at $0.20 for a potential 100% gain in the presale alone.
Investing $500 in the DTX presale now could yield $50,000 once it lists on major exchanges!
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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.