The crypto market swung low, dragging down prices. Ethereum (ETH) and Dogecoin (DOGE) reflect bearish sentiment as they tumbled and struggled with momentum. In contrast, the new DeFi coin DTX Exchange (DTX) is on whales’ radars.
This new altcoin stands at the intersection of DeFi and TradFi and presents the best of the worlds of centralized and decentralized exchanges. Primed for massive adoption and explosive growth, it is one of the best new cryptos to invest in.
DTX Exchange (DTX): On Whales’ Radars
DTX Exchange (DTX) is a new player at the crossroads between DeFi and TradFi—a trailblazer, to say the least. This innovative approach to trading has caught experts’ attention and whales’ interest and is hailed as one of the best cryptos to invest in this year.
Having skyrocketed over 440% since debuting in the past few months and teeming with potential, it is a new DeFi project to watch out for. Additionally, new investors are positioned for up to 80% ROI by the launch date alone, with a projected 100x gain after listing on Tier-1 exchanges like KuCoin and Binance.
Moreover, with a token priced at $0.12 in the sixth ICO round, it is ridiculously undervalued. Beyond future gains, its impending transformation of the $10 billion global trading space makes it a must-have. It will be a one-stop platform for trading diverse assets across traditional and decentralized finance, notably ETFs, stocks, forex, bonds and cryptos.
Ethereum (ETH): Eyes on a Comeback
Ethereum (ETH) tumbled from a monthly high of $4,100 to less than $3,400. It nosedived over 15% in the past week and struggles with momentum. With selling pressure not easing off, a decline below $3,000 isn’t out of the question.
On a brighter note, key technical indicators like the 100-EMA and 100-SMA—a price level the bulls continue to hold—hint at a breakout. Moreover, it presents a good entry at the current market price, positioning it among the best coins to invest in.
Also boosting confidence are bullish forecasts from top experts. Core_crypto1, a top analyst, predicts Ethereum (ETH) is gearing up for a breakout, primed for a 10 to 15% upside in the short term. Tanxcrypto, another leading expert, expects a bounce from its 200-EMA and a jump toward $4,200 and $5,000 if it flips the $3,800 resistance.
Dogecoin (DOGE): Price Tumbled
Dogecoin (DOGE), one of the top crypto coins, struggles with momentum. After tumbling below the $0.4 support and hovering around $0.31, investor confidence took a big hit, with many opting for new altcoins like DTX with massive growth prospects.
Notwithstanding, top crypto experts eye a comeback. AnastaMaverick, a leading crypto trader and analyst, highlights consolidation within a descending triangle, predicting a surge above $0.32 upon a breakout. Another expert, Best_analysts, hints at a jump toward $0.4 and $0.6, with potential support at $0.22.
At the current Dogecoin price, it is one of the best coins to invest in. It has seemingly bottomed and is poised for a bounce, as evident in key indicators like the Commodity Channel Index (20) and the 9-HMA. Despite this, DTX’s 100x upside potential makes it a more compelling alternative to DOGE.
DTX Exchange (DTX): New Crypto Alternative to Dogecoin (DOGE) and Ethereum (ETH)
DTX Exchange (DTX) is quickly becoming an investor favorite given its massive growth prospects and novelty. As a blend of traditional and decentralized finance, it aims to reshape the global trading scene, contributing to the presale surpassing the $10.5 million fundraising goal. Boasting higher upside potential than Ethereum (ETH) and Dogecoin (DOGE), DTX is a top crypto to invest in.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
The post This New TradFi-DeFi Coin Attracts Whale Interest as Ethereum (ETH) and Dogecoin (DOGE) Struggle Continues appeared first on TheCoinrise.com.
