It has been an exciting week, from Bitcoin’s new ATH ($99,000) to altcoins exploding. Stellar (XLM) and Cardano (ADA) lead in gains, outpacing other top crypto coins. These are altcoins to watch as the bulls continue their rampage.
Also trading upward is DTX Exchange (DTX) soaring past $8.3 million in presale. With eyes on an explosive debut as the launch date approaches, it is a new DeFi project to watch. Besides its massive growth prospects, other things to anticipate are its hybrid trading platform and the intersection between DeFi and TradFi.
DTX Exchange (DTX): The Best New Crypto to Invest in?
DTX Exchange (DTX) is one of the shining lights in the presale world. One of its biggest attractions is its blend of traditional and decentralized finance. In addition to bridging the gap between the crypto world and the traditional financial systems, its hybrid trading platform will combine the best elements of CEX and DEX.
This unique hybrid exchange protocol drives massive interest and demand. In the fifth round of the ICO, almost $8.5 million has been raised in early funding, highlighting the rapidly growing community and investor trust. Other key aspects of the DTX protocol include smart contracts, distributed liquidity pools and an on-chain order book.
As it approaches its debut, industry experts say the token price of $0.10 is a steal. Heavily discounted, it is tipped for a 65x upswing after its debut, positioning it as a more compelling bet than Stellar (XLM) and Cardano (ADA).
Stellar (XLM): One of the Week’s Biggest Winners
Stellar (XLM) is a payment-based protocol and a top altcoin—one of the standout players this month. This month, the Stellar price skyrocketed over 190%, retailing above $0.27. In the past seven days, it soared 110%, leading the crypto market in gains.
Just 70% below its 2018 all-time high of $0.93, Stellar (XLM) is on track for a comeback. The altcoin price hovering above the 10-EMA ($0.21) and 10-SMA ($0.20) are key indicators suggesting further gains. Moreover, analysts anticipate further upswings.
Crypto analyst VipRoseTr has $0.28 as their next target, followed by $0.34 and $0.41. Traderview2, another expert, commented that as long as the $0.24 support continues to hold, the price might hit $0.30.
Cardano (ADA) Eyes Huge Gains This Bull Cycle
Cardano (ADA) hasn’t run out of steam since its breakout. Outperforming most top altcoins, the Cardano price soared over 120% in the monthly timeframe, changing hands above $0.81. The past seven days haven’t been less exciting either—over 35% gain.
Approaching a breakout above $1, Cardano (ADA) is one of the altcoins to watch. The 20-VWMA, 10-SMA and 10-SMA are technical indicators suggesting further gains, positioning ADA among the best cryptos to invest in.
Meanwhile, experts’ bullish forecasts are a reflection of its promising outlook. CryptoYapper, a crypto analyst, has $7 to $9 as their ADA price prediction for the next 6 to 12 months. Pablo_cro takes a more conservative approach, predicting a rally toward $5 during this bull cycle.
DTX Exchange (DTX): A Better Bet Than Stellar (XLM) and Cardano (ADA)?
DTX Exchange (DTX), one of the rising stars in the crypto world, is a new player at the crossroads between traditional and decentralized finance. Its hybrid trading platform—a blend of the best elements of CEX and DEX—sets it up for massive adoption and growth. Eyeing an explosive debut, it might be a better bet than Stellar (XLM) and Cardano (ADA).
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