Bitcoin (BTC) hits a new all-time high after crossing $89,000, fueled by positive sentiment. This signals strong market confidence, with altcoins like Dogecoin (DOGE) and Cardano (ADA) exploding.
Also in the spotlight is DTX Exchange (DTX). This new DeFi token is on whales’ radars due to its growth prospects as a low-cap gem and an exchange-based coin. Moreover, its impending transformation of the global trading landscape makes it a new DeFi project not to miss out on.
DTX Exchange (DTX): Launch Approaches After Remarkable Fundraising
DTX Exchange (DTX) is a new DeFi project capturing whale interest. Besides being undervalued at $0.08 in the fourth round of the ICO, it is teeming with potential as a low-cap gem. Moreover, over $7.3 million has been raised in early funding, with the token already pre-listed on CoinMarketCap.
As a hybrid trading platform, some of its competitive advantages will include bridging the gap between traditional and decentralized finance. Users will be able to trade over 120,000 asset classes across stocks, ETFs, bonds, forex and cryptos with up to 1,000x leverage. Its wallet-based trading is another of its big attractions, as it will allow users to trade without requiring bank accounts.
Aiming to transform the $10 billion global trading space, it is arguably one of the best new cryptos to invest in. At its currently undervalued price, it is understandable why whales and retailers are doubling down. A 75x upswing was projected after its debut, making it a good crypto pick alongside Cardano (ADA) and Dogecoin (DOGE).
Dogecoin (DOGE) Explodes Alongside the Wider Crypto Market
Dogecoin (DOGE), the first meme and one of the top crypto coins, remains in the spotlight. Its performance this week has been one of the most remarkable, trading alongside the wider crypto market.
The Dogecoin price gained over 110% in the past seven days on CoinMarketCap, trading above $0.34. It soared more than 15% on the daily timeframe, continuing its bull charge.
About 50% down from its all-time high of $0.73, investors have been doubling down, hoping to ride its uptrend. However, despite the significant jump, crypto analyst Joao Wedson believes the “big pump hasn’t happened yet.” According to them, their base target is $4 in 2025.
JohnÐoge, another crypto analyst, also shared this outlook; their long-term price prediction is between $1.10 and $3.50. Meanwhile, the Dogecoin price trading above the 20-SMA ($0.19039) and the 20-EMA ($0.20896) are buy signals that hint at further gains, positioning it among the best cryptos to invest in.
Cardano (ADA): 75% Weekly Gain
Cardano (ADA), a Layer-1 token, charts a bullish course. In the past seven days, the Cardano price exploded by over 75%, retailing above $0.58. Next on its target might be flipping the March high of $0.78, making it one of the altcoins to watch.
Crypto analyst SealTattoo suggests an ADA price jump to $8 and $9 at the peak of this bull run. Also sharing their bullish outlook is Julie, hinting at an imminent rally to $6. At its current price and considering the 80% decline from its all-time high of $3.1, Cardano (ADA) is a top crypto to buy.
Moreover, key indicators like the MACD Level (12, 26) and the Cardano price trading above the 10-EMA ($0.486) and 10-SMA (10) are bullish indicators. With the coming weeks promising significant gains, ADA might be one of the best cryptos to buy now.
Why DTX Exchange (DTX) Has More Room for Growth Than Dogecoin (DOG) and Cardano (ADA)
DTX Exchange is an emerging crypto approaching its debut. A projected 75x rally after its launch makes it a strong crypto contender, aiming to outshine top altcoins like Dogecoin (DOGE) and Cardano (ADA). Also contributing to its attraction is its hybrid approach to trading.
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