.png){kind=logo}
In the crypto market, some traders are talented at making accurate predictions. Among them is a person who predicted the growth of Ethereum (ETH) and Solana (SOL), but now they have turned their attention to DTX Exchange (DTX). If this experienced trader's forecast comes true, DTX could soar by 90x in 2024 - making it one of the hottest cryptos.
At the moment, this Stage 2 presale star has already brought early buyers a 100% return, which is a good sign for its future. Let's review all of these crypto coins.
Ethereum (ETH) has seen some noteworthy developments recently. For example, Vitalik Buterin posted an X article featuring an image of a bull holding a sign that says, "Ethereum is good." He says that this is an actual bullpost. Many people found this amusing and said it could become an amazing story if it manages to trigger a rally.
The Ethereum crypto value movement has increased by over 55% in the past year alone. Plus, ETH is now sitting above its 10-day exponential and simple moving averages while having a MACD level of 118.82, which falls in the buy zone. These signals show that this bullish momentum may continue for Ethereum.
Because of this Ethereum news and technicals, experts foresee a rise to $3,035 for this coin before September 2024 ends.
Meanwhile, Solana (SOL) has also captured the spotlight. Recently, Solana announced that XNET has officially gone live on the Solana network. XNET is a DePIN network that has served over 1M users so far and Solana will improve its speed and scalability.
This bullish Solana news could increase interest in this crypto. SOL's value has jumped over 580% in the past 12 months. Not only that, but the Solana crypto is now sitting above its 10-day simple and exponential moving averages.
These technicals suggest that Solana's future appears bright. As a result, market analysts forecast Solana trading at $150 in October 2024.
The trader who accurately predicted Ethereum and Solana soaring on the price charts now focuses on DTX Exchange (DTX). This presale star has already raised over $1.5M and could reach $2M before the end of August 2024. Many crypto experts, like YouTuber CryptoDexWorld, say this is only the beginning, as DTX Exchange could rule online trading.
This is because DTX Exchange has a hybrid trading model combining the best DEX and CEX. With this model, people can buy over 120K asset classes on the DTX Exchange - CFDs, bonds, cryptos, etc. Fast transaction speeds of 0.04 seconds and no sign-up KYC checks may also make DTX Exchange a fan-favorite for millions.
The DTX utility token will be at the heart of this platform. Holding it is very beneficial as it will give you better analytics tools and lower trading fees. Currently, it costs just $0.04 in Stage 2 - a 100% rise from its starting price. But this price will rise to $0.06 once Stage 3 goes live and another 90x surge is expected after a major Tier-1 CEX listing in Q3 of 2024.
Although predictions are never guaranteed, this trader's track record could make his prediction for DTX Exchange more credible. Since this rookie has a smaller market cap than Ethereum and Solana, it needs less money for its price to rise. Plus, DTX enters the $133T bonds market - giving it stability in volatile times. With these perks, DTX Exchange stands out.
Learn more:
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.
