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In the always-moving crypto space, whales look for the next big crypto opportunity daily. The DTX Exchange (DTX) presale is one such opportunity that is attracting whales who are also holding Solana (SOL) and Ethereum (ETH). They are drawn to this presale because it entered Stage 3 in just a few short months and soared by 200% very quickly.
Some prominent market analysts think DTX could rise by 80x before this year ends. Let's see why.
Solana (SOL) is a crypto that has seen some turbulence recently. CoinMarketCap data shows that the price of Solana fell nearly 15% in the past week alone. But crypto analyst Posty is still bullish about this crypto. In his X post, he says that people will be annoyed once SOL reaches $190 soon.
Nevertheless, the technicals for the Solana crypto are still showing bearish signals. Currently, the SOL RSI has a value of 40, which falls in the neutral zone, while SOL trades below its 50-day exponential and simple moving averages.
As a result, experts have made a conservative Solana price prediction. They forecast that Solana will trade at $141 before September 2024 ends.
Ethereum (ETH) is another coin showing bleeding price charts. On the 1-month chart, the Ethereum price dropped over 15% as per CoinMarketCap. Crypto analyst Mags says that ETH is trading inside a massive triangle. He predicts a double-bottom formation before it soars to $5,250.
Meanwhile, there were some accusations that Vitalik Buterin had dumped a lot of ETH. Buterin denied these allegations and said that the profits would support many valuable projects if he sold them.
Due to all these factors, many experts foresee this coin trading at $2,861 within October 2024 in their Ethereum price prediction.
Meanwhile, DTX Exchange (DTX) is getting attention thanks to its presale performance. It has already raised over $2.2M and could hit $3M before the end of September 2024. Big-time crypto influencers like the YouTuber Crypto Royal say that DTX Exchange will become a game-changer in online trading.
DTX Exchange will launch a unique hybrid trading platform that combines the best of CEX and DEX while processing 10,000 transactions per second. Users can buy over 120,000 asset classes, such as CFDs, bonds and crypto coins in one place.
The DTX utility token is the main component of its ecosystem. DTX is now worth just $0.06 in Stage 3 of its presale, a 200% rise from its beginning. But this price will rise once more to $0.08 after Stage 4 begins. Experts predict another 80x once a Tier-1 CEX lists it in Q3 of 2024.
Whales know they can see massive returns if they buy into promising projects early on. Therefore, they are choosing DTX Exchange over Solana and Ethereum. For instance, DTX has a smaller market cap than these crypto coins and is tied to the $133T bonds market. This means DTX needs less money for its price to surge, which is very bullish.
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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.
