After a slight downturn, the crypto market regains momentum. Top altcoins Cardano (ADA) skyrockets and Dogecoin (DOGE) reclaims $0.4. With the coming days promising more gains, these are altcoins to watch.
The ongoing DTX Exchange (DTX) presale also basks in the spotlight as it approaches the $9 million fundraising goal. Growing interest in the ICO can be linked to its blend of DeFi and TradFi while combining the best elements of centralized and decentralized exchanges. Its astounding upside potential further drives demand—one of the new DeFi projects to watch.
DTX Exchange (DTX) Approaches Debut as Presale Nears $9 Million
DTX Exchange (DTX) has been one of this year’s highlights—in the ICO world, to be more specific. It shone the brightest, selling out fast amid rising retail and whale interest. Over $8.8 million has been raised in early funding, suggesting one thing: trust.
The growing confidence in its unique offering—a hybrid trading protocol—has been one of the major drivers behind its growth. By blending the best elements of CEX and DEX, it will build a one-stop platform that meets all trading needs, seasoned and novice traders alike. Its wallet-based trading, non-custodial storage solutions and distributed liquidity pools will be some of its distinguishing features.
On the cups of reshaping the $3.2 billion global trading market, it is a good crypto to buy alongside top crypto coins like Cardano (ADA) and Dogecoin (DOGE). Priced at $0.10 in the fifth ICO round, it is both undervalued and teeming with potential. Industry experts project a 15x upswing before the year’s end, positioning it among the best new cryptos to invest in.
Cardano (ADA) Crossed $1 After Uptick
The Layer-1 crypto Cardano (ADA) regains momentum after recent downswings. Reflecting bullish sentiment, the Cardano price jumped by over 25% in the past seven days and 195% on the weekly chart.
It reclaimed the $1 mark, racing toward its 2021 all-time high of $3.10. In addition to the growing bullish sentiment, key technical indicators like the MACD level (12, 26), 10-EMA and 10-SMA point toward further upswings.
Additionally, experts are bullish, which isn’t surprising. NicTrades, a crypto analyst, targets $1.23 next for Cardano (ADA). Meanwhile, CryptoJulzss sees ADA “easily” hitting $5 this bull cycle. Given rising institutional demand and its growth prospects, the Layer-1 crypto is among the best crypto to invest in.
Dogecoin (DOGE) Regains $0.40 Support
Dogecoin (DOGE), the first memecoin, swung high. It shrugged off recent bearish pressure and resumed its uptrend. The Dogecoin price spared 6% on the weekly chart and 140% in the past 30 days. Regaining the $0.4 support, DOGE is among the top cryptos to invest in.
The bulls maintaining momentum means flipping $0.73—the 2021 all-time high—is just a matter of time. Moreover, indicators like 20-VWMA and 9-HMA are bull signals hinting at more price upswings.
According to crypto analyst CW8900, Dogecoin (DOGE) is gearing up to break out of the bull flag pattern. Their price target is $0.48, pushing it closer to its ATH. A similar sentiment is shared by ali_charts, suggesting a sustained rally above $0.40 might drive the price above $0.43; otherwise, it could plummet to $0.36.
DTX Exchange (DTX): A Compelling Alternative Alongside Cardano (ADA) and Dogecoin (DOGE)
DTX Exchange (DTX), an emerging cryptocurrency, has been hailed as one of the best coins to invest in thanks to its intersection with TradFi. Further, by blending the best CEX and DEX elements, it is primed for massive adoption. Gearing up for an explosive debut, DTX is a compelling alternative alongside Cardano (ADA) and Dogecoin (DOGE).
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