The Next Crypto Boom: Shiba Inu Surpasses $0.00003, Ripple Reaches $2—Which New Coin Will Be the Next to Reach $1?

Shiba Inu surpasses $0.00003, Ripple hits $2, and now the question is—which new coin will be the next to reach $1? 

The crypto market is experiencing a new wave of bullish momentum, increasing optimism from investors. While Shiba Inu (SHIB) has gone past $0.00003 and Ripple (XRP) has jumped above $2.4 for the first time since 2018, DTX Exchange (DTX) looks like the next altcoin to blow up.  

The focus is now on DTX Exchange — the new entrant that analysts predict could soon hit $1. This DeFi coin is ready to catch the wave of the subsequent crypto rise with its hybrid trading platform and unique features.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

Shiba Inu (SHIB) Crosses $0.00003

Shiba Inu (SHIB), the second largest memecoin by market cap, is starting December on a bullish note. Data from CoinMarketCap reveals the Shiba Inu coin has broken past an important resistance level, $0.0003. The memecoin soared to a peak of $0.00003238 after the breakout. However, it has retreated to lower levels. 

The Shiba Inu crypto is among the top gainers in the market. It has a gain of 22.9% on the weekly timeframe and 79.0% on the monthly price chart. The Moon Show predicts the price of the meme coin could pump to $0.00003400. Another expert called Crypto Investor also echoed a similar forecast. 

They say the Shiba Inu price might jump to $0.0000500 in the short term and $0.0000900 in the long run. Two indicators that support this prediction are the VWMA (10) and the Hull Moving Average (9). They are currently in the buy territory, which means bulls are in the market.

Ripple (XRP) Smashed $2, Where Next?

Ripple (XRP) has been ascending up the charts since the beginning of this week. From a low of $1.32, the Ripple coin surged to $2.4. Reaching this region is a great accomplishment for the Ripple token. It brings XRP closer to its all-time high of $3.84. CoinMarketCap data shows that the cryptocurrency is up 51.9% in the weekly timeframe. There are also gains of 107.5% on the biweekly chart and 324.2% on the monthly timeframe. 

This price surge comes after speculations that the New York Department of Financial Services (NYDFS) could greenlight the RLUSD stablecoin. Going forward, Ripple’s (XRP) Hull Moving Average (9) and VWMA (10) are showing bullish signals, which support an upsurge. Cryptotoad expects a pullback to 1.40-$1.60 before a rally to $4. Meanwhile, CryptoBull forecast the Ripple price USD could reach $6.30 now that it has surpassed $1.96.

Transforming Crypto Trading Could Catapult DTX Exchange (DTX) To $1

DTX Exchange (DTX) is set to revolutionize the trading industry with its innovative platform that seamlessly blends the best of centralized and decentralized exchanges. DTX Exchange enables traders to expand their portfolios with more than 120,000 assets ranging from cryptocurrencies to stocks, commodities, and bonds available for trading on the same platform. 

This connection to multiple markets also means that DTX Exchange will have greater liquidity than every other crypto exchange. In order to encourage more traders to use the platform and make trading as cheap as possible, DTX Exchange has adopted the VulcanX blockchain to enable fast and smooth transactions.

The current token presale for the DTX token is ongoing, and this has created a lot of market interest for early buyers. DTX has raised over $9 million in its presale, showing how much traders are anticipating its launch. Those who joined in the early phase already have a 400% return on their investments. The token is trading at $0.1 and is expected to soar by 10x in the coming weeks. 

Final Words 

While Shiba Inu (SHIB) and Ripple (XRP) are on the move, DTX Exchange is becoming the next best crypto to invest in the market. As this new player has a high chance of crossing the $1 mark, investors are waiting to see how it will perform in the next few weeks.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.