DTX Exchange (DTX) is now one of the hottest presales of the year, and many eyes are turning to it. The trader who predicted it could be the next big thing
A prominent crypto trader who predicted the rise of Solana (SOL) and Ethereum (ETH) is now setting his sights on a new project. This project is DTX Exchange (DTX), a Stage 3 presale phenomenon that has already seen a 200% surge. Some analysts are even suggesting that DTX could potentially soar by 80x in 2024.
Meanwhile, Crypto Rover had some positive things to say about the Solana (SOL) price trajectory, and Godfather had a worrisome Ethereum (ETH) price prediction. Let’s review all these tokens.
DTX Exchange (DTX): Revolutionizing Online Trading
DTX Exchange (DTX) has easily become one of the hottest presales of the year and it is catching the eye of many. The trader who predicted it could be the next big thing took into consideration its impressive presale performance.
To shed some light on the matter, DTX Exchange has managed to reach Stage 3 in just a couple of months, amassing over $2.5 million. Furthermore, projections are indicating that this number could reach $3 million by next week.
Even major YouTubers like Crypto League are stating that DTX Exchange is the future of online trading. This is due to the fact that it will be introducing a hybrid trading platform that combines the best of both CEX and DEX.
As a result, individuals will be able to trade in over 120K asset classes, ranging from FX, crypto coins, and stocks at up to 1000x leverage. Additionally, there will be no sign-up KYC checks, ensuring complete privacy for everyone, something that millions of people desire.
The DTX utility token will play a large role in this project. It is currently in Stage 3 of its presale and is priced at $0.06, which is a 200% increase from its starting price.
However, this value will surge to $0.08 once Stage 4 begins. According to experts, we can expect another 80x surge once a Tier-1 CEX lists DTX soon.
Solana (SOL): May See Another Push
Market analyst Crypto Rover had some interesting statements regarding Solana (SOL). According to his X post, Solana (SOL) is preparing for another upward push. In the same post, Crypto Owl stated that this coin could reach $500 in 2024.
Overall, the Solana price movement has seen a surge of over 2% on the 1-week chart. Additionally, the Solana crypto is currently trading above its 10-day EMAs and has a momentum value of 2.62, which is in the buy zone.
As a result, other market analysts have also made a bullish Solana price prediction, expecting it to reach $140 before the end of October 2024.
Ethereum (ETH): Analyst Makes a Bearish Statement
On the other hand, Ethereum (ETH) is seeing a decline on the price charts. According to CoinCodex, the price of Ethereum (ETH) has dropped around 10% on the one-month chart.
Crypto analyst Godfather is suggesting that this trend may continue. Based on his X post, Ethereum (ETH) will drop to $2,000.
This drop can be attributed to the poor performance of the ETH ETFs. Data from Farside shows that they saw a cumulative outflow of $500 million.
Due to all these factors, experts have made a conservative Ethereum price prediction, expecting Ethereum (ETH) to trade at $2,500 in October.
Could DTX Exchange (DTX) Mirror the Growth of Solana (SOL) and Ethereum (ETH)?
Both Solana (SOL) and Ethereum (ETH) started out as promising projects under the radar with lots of potential for growth. DTX Exchange (DTX) could follow a similar path.
It is connected to the $1.4 trillion FX market and has a smaller market cap in comparison to other crypto coins. Hence, DTX may experience greater stability in the long run and will require less new money to skyrocket.
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