With all the movements in the crypto market ahead of the next bull run, traders are also searching for the next possible 50x gem. DTX Exchange (DTX) has recently been under attention. It is a new presale star in Stage 3 that has already risen by 200%. Even some big-time Ethereum (ETH) and Solana (SOL) holders gravitate to it.
Recently, Ethereum (ETH) has been seeing some volatility, with CJ making a cautious prediction. On the other hand, Solana (SOL) saw some exciting news concerning Zodia Custody and SOL Staking.
Ethereum (ETH): Equal Highs and Lows
CoinMarketCap shows that the price of Ethereum (ETH) has fallen over 10% on the 1-month chart. Nevertheless, crypto analyst CJ sees something positive. According to his X post, Ethereum (ETH) is experiencing a nice set of equal highs and lows that people should watch.
These highs sit at $2,368 and $2,381, while the lows are $2,272 and $2,313. When it comes to Ethereum crypto technicals, it still trades above its 10-day EMAs while having an MACD level of 101, which falls in the buy zone. As a result, market experts foresee this coin trading at $2,500 in their Ethereum price prediction. However, some holders are still not confident in Ethereum (ETH) due to its volatility.
Solana (SOL): New Zodia Custody Announcement
Meanwhile, Solana (SOL) has seen some noteworthy developments. For instance, Zodia Custody announced that it will partner with Marinade. Since Marinade is a stake automation platform on the Solana (SOL) network, this will allow clients to access Solana staking.
This bullish Solana news may trigger a rally for this coin. The Solana (SOL) crypto value dropped over 5% in the past 30 days. Due to all these factors, market analysts predict that Solana (SOL) will be worth $145 before October 2024 ends.
DTX Exchange (DTX): A Leader in the Making
DTX Exchange (DTX) is slowly beginning to establish itself as a crypto leader. Its ongoing presale performance has been great, raising over $2.5M and potentially reaching $3M next week. Hype could continue growing as DTX Exchange recently launched its own L1 blockchain, which will serve as the foundation for its upcoming trading platform.
This platform will combine the best features of CEX and DEX into one. Thus, people can buy over 120K asset classes like crypto coins, CFDs and FX at a leverage of 1000x. DTX Exchange will not do any sign-up KYC checks, making it more appealing to millions of privacy-conscious traders. Even CryptoDexWorld sees this rookie as the next ultimate trading platform.
The DTX native token costs $0.06 in Stage 3 of its presale. Those who buy it now will see a 33% return once Stage 4 begins and the price jumps to $0.08. Experts predict another potential 50x surge once a Tier-1 CEX lists DTX in Q3 of 2024.
Can DTX Exchange (DTX) Outcompete Ethereum (ETH) and Solana (SOL)?
While Ethereum (ETH) and Solana (SOL) are already established crypto coins, DTX Exchange has some advantages. DTX will see faster growth since it needs less money. This project will also have ties to the $1.4T FX market, giving it more stability in the long run. Thus, many traders are sidestepping Ethereum (ETH) and Solana (SOL) for DTX Exchange.
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The post The Next 50x Gem: Some Ethereum (ETH) & Solana (SOL) Holders Are All-In on a New Presale Star appeared first on Blockonomi.