The crypto market is trending as the UAE removed crypto transactions from value-added tax. With this crypto-friendly approach, the adoption of crypto currencies in this area will rise. The hottest new altcoin in this environment is DTX Exchange (DTX) - a phase three presale star that has already given early buyers a 200%. Some experts hint that this rookie may become the next 50x altcoin in 2025.
The rest of the market is also rising. Top crypto coins like Sui (SUI) and Solana (SOL) are soaring.
DTX Exchange (DTX) is one of the best new ICOs. It has reached phase three in just a few short months. Also, it raised nearly $4M and could hit $5M before the end of this month. It is clear that people have a lot of faith in this innovative DeFi project.
At its core, DTX Exchange aims to dominate online trading by launching a unique trading platform. On it, people will access over 120K asset classes at 1000x leverage. These include crypto coins, stocks, bonds, etc. Not only that but this will be done in complete privacy, as DTX Exchange will not need any sign-up KYC checks, which many find intrusive.
The DTX utility token will power this project. Those who hold it will get smaller trading fees and access to better analytics tools. DTX is currently worth $0.06, a 200% rise from its starting price. However, this altcoin price will rise to $0.08 after phase four begins. Market analysts foresee a 50x surge after a Tier-1 crypto exchange lists DTX soon.
Sui (SUI) is another altcoin that has seen some exciting developments. Recently, Sui announced that it has collaborated with Circle. Thus, it will bring its native USDC to Sui. This Sui news comes at a time when the coin is rallying.
Over the past month, the value of the Sui crypto has jumped nearly 120%. Since it is now trading between $0.90 and $2.10, experts remain optimistic. They foresee the Sui coin value hitting $2.50 before the end of this quarter.
Solana (SOL) has also made some headlines as a prominent altcoin. CoinMarketCap shows that the Solana price jumped nearly 10% in the past 30 days. Crypto analyst Farokh also remains optimistic about this crypto currency. According to his X post, the entire market may go haywire once the Solana crypto breaks out. This may even trigger a jump to $200 for meme coins.
In other news, SolanaFloor revealed that the monthly active addresses on Solana (SOL) surpassed 100M. This is a new all-time high. Thanks to this development, interest in the Solana crypto may rise. Because of all these factors, other market analysts remain optimistic as well. Their Solana price prediction predicts a potential jump to $160 soon.
The crypto market is full of growth opportunities with tokens like DTX Exchange (DTX), Sui (SUI), and Solana (SOL). These are all altcoins that could skyrocket soon thanks to interesting developments. In fact, analysts are very bullish about DTX Exchange since it also taps into the $133T bonds market, giving it better long-term growth potential and stability.
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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.