From BTC trading above $40,000 at the start of the year to soaring past $99,000 in November, it has been an impressive year. With altseason kicking off following the huge price gain, Dogecoin (DOGE) is tipped to hit an all-time high before the year’s end.
Meanwhile, large-volume investors, popularly called whales, bet big on Shiba Inu (SHIB) and DTX Exchange (DTX). The former is the leading ETH memecoin, expected to be at the forefront of the upcoming meme season. Further, the latter is a new altcoin at the crossroads between traditional and decentralized finance with huge growth prospects.
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.
DTX Exchange (DTX) is a novel DeFi token whales are betting on. It is a new investor favorite for its innovative blend of TradFi and DeFi while combining the best elements of CEX and DEX. Equally important is its massive upside potential as a low-cap gem.
Given its unique hybrid trading platform, it is primed to transform the $10 billion global trading space. Some of its standout features will include trading diverse asset classes across TradFi and DeFi, 1,000x leverage on select assets and non-custodial storage solutions.
Further driving demand is analysts’ 75x growth forecasts. In round 5 of the ICO, the DTX token costs $0.10 and is considered ridiculously undervalued. Boasting more upside potential than large caps like Dogecoin (DOGE) and Shiba Inu (SHIB), DTX is arguably the best new crypto to invest in.
Dogecoin (DOGE), popularly known as the first memecoin, is one of the best altcoins. The dog-themed and animal cryptocurrency has been one of this year’s best performers. It skyrocketed 400% on the yearly chart and the Dogecoin price is up over 120% in the monthly timeframe.
It trades above $0.40, aiming to form a solid support around this base. A rally above $0.45 will clear a path toward its ATH of $0.73, putting it on investors’ radars—one of the altcoins to watch. The DOGE price trading above the 20-VWMA ($0.37) and 9-HMA ($0.39) hint at more gains.
Moreover, experts believe it is on track for an all-time high this year. CryptoWizardd, an analyst on X (formerly Twitter), sees the Dogecoin (DOGE) price climbing above $2 and $3. Similarly, B4RZEE has $2 to $3 as their DOGE price prediction, positioning it among the best cryptos to invest in.
Shiba Inu (SHIB), the second-largest memecoin after Dogecoin (DOGE), is the leading meme on the Ethereum blockchain. Its memetic appeal and rapidly growing ecosystem are some of its biggest attractions, driving huge interest. The Shiba Inu price soared 35% in the past month, changing hands above $0.000025.
One of its many appeals is its growth potential, alongside its budget-friendliness. Moreover, technical indicators like the 10-SMA and 10-EMA are buy signals, capturing the attention of whales. Set to end the year on a good note and skyrocket the next, Shiba Inu (SHIB) is one of the top cryptos to invest in.
A crypto analyst aixbt_agent targets a SHIB breakout, highlighting $0.000031, $0.000034 and $0.000037. CW8900, another analyst, expects the dog-themed memecoin to break out, targeting $0.000038.
DTX Exchange (DTX) has more room for growth as a new cryptocurrency. This makes it a whale favorite and a compelling alternative against top memes like Dogecoin (DOGE) and Shiba Inu (SHIB). Moreover, its impending transformation of the global trading landscape paints a bullish picture.
Learn more:
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.
The world’s leading global bank, UBS, has reported that the ultra-wealthy in the region are increasingly investing in Bitcoin, gold, and strategic hedges, modifying their methods of wealth preservation and decreasing their dollar dependence. This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials […]
Bitcoin (BTC) hit a major milestone in early May by breaking above $100,000 and holding onto its gains. This growth has re-energized the crypto markets, with many investors now expecting Federal Reserve rate cuts down the line, adding fuel to Bitcoin’s appeal as a long-term store of value and inflation hedge. Meanwhile, institutional players have […]
A much-needed wave of bullish momentum is rippling through the crypto market as Bitcoin (BTC) holds its gains above the psychological $100,000 level. Market commentators are now backing BTC’s steady growth toward its all-time high of around $109,000, with bullish catalysts like growing institutional interest playing a significant role in this rally. This renewed optimism […]
With a live market cap of $80.5 billion, the meme coin market has surged by a staggering 57% in recent weeks. Among the top performers are Baby Doge Coin (BABYDOGE) and Book of Meme (BOME), which netted staggering gains of 54% and 118%, respectively, in just the past seven days. We take a closer look […]