DTX Exchange's Batch 6 Nets $9.5M: SHIB Trader Hints 12,000% Potential For This Hybrid Gem Over XRP & SUI
With Bitcoin's new all-time high breaking the $100k psychological barrier, we have entered a new cycle. In the bullish cryptocurrency market, all eyes are now on the upcoming rising stars to upset the balance. Among the more exciting tokens in the space is DTX Exchange (DTX), which has grabbed the interest of seasoned investors and analysts alike. With the batch 6 presale having already exceeded a whopping $9.5 million, early investors are excited due to their 500% gains.$BTC
Ripple (XRP): Facing A Correction Amid Hype
Ripple's XRP has always been one of the crypto space's heavy hitters. Still facing regulatory issues from the United States SEC, which has been suing Ripple on the basis of whether XRP tokens qualify as unregistered securities. However, Ripple received one positive piece of news after another, as the leader of SEC, Gary Gensler, announced his resignation. With this, XRP has seen a major resurgence, sitting around $2.24 as of writing. However, Ripple's price has tanked for the last 24 hours, noting a 7% decrease. Analysts warn of XRP's current volatility, predicting that a conclusion of the legal case would go a long way for Ripple's price.
SUI: New All-Time High!
Another Layer-1 blockchain that benefited from a sharp uplift this year was SUI. Similar to XRP, SUI is experiencing a considerable rally. Accumulating a staggering market cap of $12 billion, SUI's price just hit a new all-time high of $4.40 before cooling off to its current price of $4.20. The signal for profit-taking and bearish correction is at $4.33, as analysts have marked this as SUI's next resistance level. This stable upward momentum for SUI has some investors on the edge of their seats. However, experts warn of overconfidence, as some can be left holding the bag while others rake in profits.