There is a lot of excitement in the crypto market right now as the Fed cuts rates by half a percentage point, the first in the past four years. Thus, many traders are looking at crypto currencies with much growth potential. Analysts think that DTX Exchange (DTX), Solana (SOL) and Ethereum (ETH) fit that description.
Recently, DTX Exchange (DTX) revealed it will open up 50% of its token supply to the public while Solana (SOL) made a new announcement for a handheld Web3 gaming device. Moreover, crypto analyst Wolf sees a bullish pattern for Ethereum (ETH).
DTX Exchange (DTX): A Potential Good Crypto To Buy
DTX Exchange (DTX) is making a name for itself in the crypto space. Its ongoing presale has grown amazingly, reaching Stage 3 in a few months. Plus, DTX Exchange has already raised over $2.6M and may hit $3M before the end of next week. Big-time crypto influencers like Crypto League think of DTX Exchange as the next big thing in the crypto market.
DTX Exchange aims to bring something new to online trading. It will launch a hybrid trading platform that combines the best CEX and DEX features. Thus, people can buy over 120K asset classes like crypto currencies, gold, and CFDs in one place at 1000x leverage. No sign-up KYC checks will also give millions of traders more privacy—a big advantage over its peers.
Recently, DTX Exchange announced it will unlock 50% of its token supply to the public. Therefore, people can buy the DTX utility token and get smaller trading fees or governance voting rights. DTX is now worth $0.06 in Stage 3 – a 200% rise from its starting price. But, this price will rise to $0.08 after Stage 4 starts. Experts predict a 20x growth after a Tier-1 CEX lists DTX soon.
Solana (SOL): Play Solana Gen1 Announcement
Solana (SOL) is one of the best cryptos and some noteworthy news has been reported. For instance, Play Solana announced the Play Solana Gen1 (PSG1) device. This will be the first handheld Web3 gaming device built entirely on Solana (SOL). Those who hold the Player 1 NFT will get priority and discounted access to preorders for this device.
Hardware launches like these may also trigger an increase in demand for the Solana crypto. The Solana (SOL) value has jumped over 10% in the past week alone. Additionally, the Solana coin is hovering above its 50-day EMAs and has an RSI of 61.90, which is neutral. Due to all this bullish Solana news, experts remain confident. They predict a potential value of $160 for this crypto currency in October.
Ethereum (ETH): A Strong Bullish Move
Ethereum (ETH) is a top 5 cryptocurrency with great success. CoinMarketCap shows that the price of Ethereum (ETH) grew nearly 10% on the weekly chart. Crypto analyst Wolf says this has been a hard retest of the upper boundary from the 18-month ascending triangle accumulation. He also predicts a solid bullish move that could see Ethereum (ETH) hit $8.392.
There was also some noteworthy news for the Ethereum crypto. For instance, devs will split the upcoming Pectra upgrade into two batches. This decision will help bring key features to the first batch while giving room to introduce the second batch without any mistakes. As a result, market analysts have made a bullish Ethereum price prediction—reaching $2,600 before October ends.
DTX Exchange (DTX) vs. Solana (SOL) vs. Ethereum (ETH) – Which Crypto May Skyrocket First?
While Solana (SOL) and Ethereum (ETH) are still the top crypto coins, DTX Exchange (DTX) could become one faster than them. This rookie has a smaller market cap that could result in faster growth with less new money. Plus, DTX Exchange taps into the growing $17T gold market, which will give it stability and amazing long-term growth potential. Therefore, DTX may be the best new crypto to invest in.
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