Ethereum (ETH) targets $4,000 while Ripple (XRP) prepares for recovery after the latest downswing; DTX Exchange (DTX), a new DeFi coin, is tipped for a 45x upswing.
It’s another week in crypto and optimism is only getting bigger. With eyes on the January pump—Trump’s inauguration and all—Ethereum (ETH) is set to hit $4,000, putting it on investors’ radars.
Meanwhile, whales are betting more on Ripple (XRP), the leading payment-based cryptocurrency and DTX Exchange (DTX), a new DeFi gem. The former is tipped to cross its 2024 peak price while DTX is projected to explode after Tier-1 exchange listings—a potential 45x.
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DTX Exchange (DTX): A New DeFi Gem
DTX Exchange (DTX) is on whales’ radars for its novelty as a blend of TradFi and DeFi and its massive growth prospects. Unlike conventional protocols, it takes a hybrid approach to trading. It will combine the best elements of CEX and DEX and serve as a one-stop platform for trading diverse assets across traditional and decentralized finance.
As the first crypto-native platform to offer stocks, forex, ETFs and Web3 products, it is poised to reshape the $10 billion global trading landscape. Besides its hybrid model, other key aspects of the protocol include smart contracts, an on-chain order book and distributed liquidity pools.
With adoption all but certain, experts believe it might be the best new crypto to invest in. Up over 500% from $0.02 in the first ICO stage to $0.14 in the seventh round, its run might just be starting, boosting confidence and contributing to the presale crossing $11.4 million. Tipped by experts for a 45x jump in value after Tier-1 exchange listings, it is a more compelling alternative to Ethereum (ETH) and Ripple (XRP)—a new DeFi project worth betting on.
Ethereum (ETH) Targets Breakout Above its Month High
The crypto market took a slight downturn as selling pressure increased, pushing Ethereum (ETH) downward on Tuesday. It retested $3,300 but a bounce seems to be unfolding, boosting confidence.
Moreover, the MACD Level (12, 26) and Ethereum (ETH) trading above the 100-EMA ($3,264) and 100-SMA ($3,118) suggest a comeback. Its next jump might push it above $4,100, its month high, making it an altcoin to watch.
Mariushopkins, highlighting Ethereum’s DeFi and NFT dominance and the supply burn from EIP-1559, believes the altcoin crossing $10,000 is inevitable. DG_BTCNEWS, another crypto analyst on X, sees the Ethereum price trading between $10,000 and $15,000 this year. Despite this, it has little upside potential, especially compared to DTX—a token with a potential 45x upswing.
Ripple (XRP): Eyes on Recovery
Selling pressure peaked on Tuesday, pushing Ripple (XRP) downward. It tumbled from $2.4 to $2.2, which indicators suggest won’t be for long. The XRP price trading above the 20-SMA and 20-EMA hints at a comeback—a good crypto to buy at the current price.
Using fib, Evolution4x, a top analyst, believes Ripple (XRP) is poised for a rally between $3 and $7. Edward_farina, also a crypto trader and analyst, sees XRP at $10 as a conservative target, positioning it among the best altcoins to buy.
However, considering it is one of the top 5 largest cryptocurrencies, it can only go so high. In contrast, DTX Exchange (DTX), a new DeFi coin, is poised for a 45x upswing after listing, set to make the most of its first bull run.
DTX Exchange (DTX): A Good Crypto Alternative to Ethereum (ETH) and Ripple (XRP)
DTX Exchange’s blend of DeFi and TradFi will birth the world’s first hybrid exchange—a one-stop platform for all trading needs. This paints a bullish picture, with a 45x upswing anticipated after its scheduled listing on Tier-1 exchanges in Q1. With more room for growth than Ethereum (ETH) and Ripple (XRP), it is a bet worth taking this cycle.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
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.