{"id":142772,"date":"2024-11-20T20:08:45","date_gmt":"2024-11-20T18:08:45","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142772"},"modified":"2024-11-20T20:08:45","modified_gmt":"2024-11-20T18:08:45","slug":"solana-news-bull-or-bear-market-ahead-heres-why-dtx-exchange-will-be-decembers-millionaire-maker-while-pepe-lags-behind","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/solana-news-bull-or-bear-market-ahead-heres-why-dtx-exchange-will-be-decembers-millionaire-maker-while-pepe-lags-behind\/","title":{"rendered":"Solana News: Bull or Bear Market Ahead? Here\u2019s Why DTX Exchange Will Be December\u2019s Millionaire-Maker While PEPE Lags Behind"},"content":{"rendered":"

Solana\u2019s price trajectory has left the traders baffled about its market performance. While questions are being raised about the future of SOL, experts support an optimistic view of Solana\u2019s price actions. While a tussle continues for SOL, DTX Exchange emerges as an invincible force in the DeFi space.<\/p>\n

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This article is sponsored content and does not reflect the opinion of the CryptoDnes team.\u00a0The material does not constitute investment advice and is provided by the respective company.<\/span><\/em><\/strong><\/p>\n

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The presence of the hybrid trading platform has caused a stir in the market. Investors are seen rushing to the altcoin as Pepecoin (PEPE) lags in the current session while DTX soars above $8 million in this bull run.<\/p>\n

Solana Price Analysis: SOL To Touch New ATH Soon?<\/b><\/p>\n

Solana (SOL), one of the best altcoins, is a key player in the crypto landscape. It basks in the spotlight, closely mirroring Bitcoin\u2019s bullish price actions. The Solana price<\/a> exploded 50% in the past 30 days and 12% on the weekly chart, trading above $230.\u00a0<\/span><\/p>\n

An inch away from its 2021 all-time high of $260, SOL is one of the altcoins to watch. Flipping this level will likely usher in a strong bullish wave; experts believe this is where the real fun starts.\u00a0<\/span><\/p>\n

Key technical indicators like the 20-VWMA and 9-HMA suggest Solana (SOL) is among the best coins to invest in as Solana\u2019s price continues to ascend. Moreover, bullish forecasts have been flying around the crypto community.\u00a0<\/span><\/p>\n

Justin Spittler, a crypto analyst, highlighted SOL\u2019s breakout from its \u201cmulti-month base.\u201d The next target, according to them, is the 2021 ATH and \u201cmuch higher.\u201d The current session witnesses Solana\u2019s price slumping by 2%, yet analysts remain optimistic about its performance.<\/p>\n

Pepecoin Price Plummets: PEPE To Slump Further\u00a0<\/span><\/b><\/p>\n

Data from Coingecko<\/a> shows that the PEPE price<\/a> is currently trading at $0.00002 with over $3.6 billion in trading volume. This represents a 5% decrease in the last 24 hours, likely due to traders booking profits and rotating liquidity into lower caps.<\/p>\n

Despite this drop, the volume indicator from Tradingview shows that PEPE\u2019s weekly volume surpassed an 8-month high. The last time there was this much trading volume, Pepecoin\u2019s price soared by over 1,000%.<\/p>\n

This increase could likely be attributed to the recent PEPE listing on both Coinbase and Robinhood. These developments spotlight the meme coin, increasing its popularity among investors.\u00a0<\/span><\/p>\n

Onchain analytics firm Santiment<\/a> shows the Trending Social Rank of PEPE remained in the top 10 on November 13, 14, and 15, which coincided with prices skyrocketing within those three days.<\/p>\n

DTX Exchange (DTX) Price Jumps 400%, Further Gains Expected<\/b><\/p>\n

DTX Exchange (DTX)<\/a> is capturing attention \u2013 all thanks to its crypto ICO event performance. For example, DTX Exchange has already given early buyers a 400% return while raising nearly $8M and potentially hitting $9M before this weekend. Not only that, CoinMarketCap listed this exchange token, which will let millions of new traders get acquainted with it.<\/p>\n

Traders are showing a lot of hype for DTX, as holding it will bring up to 15% APY in staking rewards and a percentage of the trading fee generated on the DTX Exchange.\u00a0<\/span><\/p>\n

Speaking of which, the DTX Exchange will be an upcoming trading platform that lets traders access over 120K asset classes in total privacy. These will include crypto coins, bonds, stocks, etc. No sign-up KYC checks may make DTX Exchange a fan-favorite among privacy-conscious traders.<\/p>\n

Currently, this altcoin price is $0.10 in phase five of its presale. However, phase six will bring a 20% price rise to $0.12. Additionally, traders are waiting for a massive Tier-1 crypto exchange listing for DTX. This event could catapult the DTX price to $0.20 \u2013 a 100% return for those who buy it now.<\/p>\n

Key Takeaways<\/b><\/p>\n