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Crypto Reporter

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Almost 100% Gain by Launch Date? Investors Pivot to This New DeFi Coin Over Dogecoin (DOGE) and Ripple (XRP)

December 25, 2024 By CryptoReporter

While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.

This new altcoin is among the latest additions to whales’ favorite lists. It stands out for its unique blend of TradFi and DeFi and a combination of the best elements of centralized and decentralized exchanges. Further, its upside potential is unrivaled, not even by top crypto coins like DOGE or XRP.

DTX Exchange (DTX): Why Are Investors Betting Big?

DTX Exchange (DTX) has several competitive advantages over top crypto coins like Dogecoin (DOGE) and Ripple (XRP), making it an investor favorite. As a low-cap gem, its upside potential is largely unmatched. Further, as a blend of CEX and DEX—bridging the gap between traditional and decentralized finance—it is a new DeFi project to watch out for.

By combining TradFi with DeFi, DTX is set to transform the $3.2 billion global trading market. It will be a one-stop platform for trading thousands of assets, notably stocks, ETFs, commodities, bonds, forex and diverse cryptocurrencies. Equally important, users can access up to 1,000x leverage on the platform, while token holders can share input on upcoming products—governance rights.

Also contributing to the growing demand is its significant growth prospects. By the sixth round of the ICO, over $10.5 million has been raised in early funding, with a token priced at $0.12. Meanwhile, participants in the current rounds are positioned for up to 80% gains on listing alone and a potential 7,000% ROI by Q1 2025, making it arguably the best crypto to invest in.

Dogecoin (DOGE): Is a Comeback on the Horizon?

Dogecoin (DOGE), one of the best altcoins, courtesy of being the pioneering memecoin, is an industry leader. It had its best run this year in early December, hitting an annual high of $0.48. However, its run was cut short by the overall market decline.

The Dogecoin price tumbled to a month-low of $0.26, losing key price levels. While selling pressure is on the rise, the bulls aren’t giving up either. It picks up steam and hovers around $0.3, continuing its recovery. Key technical indicators like the 9-HMA and the Commodity Channel Index (20) hint at a comeback, placing it among the altcoins to watch.

At the same time, analysts maintain a bullish stance, regardless of current market conditions. AnastaMaverick, buzzing with optimism, expects a breakout might trigger a strong rally. Jimmy_j699, another top analyst, targets a rally toward $0.37 mid-term. Despite this, the 80% gain on listing alone makes DTX a more compelling alternative.

Ripple (XRP): Decline from Annual High of $2.84

Ripple (XRP), the popular payment-based crypto, is believed to be overbought. After hitting an annual high of $2.84 earlier this month, it tumbled, plunging to as low as $1.29. The overall market decline and profit-taking among investors are behind its underwhelming performance.

However, a bounce is gradually unfolding. The XRP price retails above $2.2, primed for a breakout above $2.5. CryptoNabs, a leading expert on X (formerly Twitter), predicts an impending Christmas rally—a potential jump toward $2.60 and $2.90.

Johnaldinioh89, another leading expert, anticipates a rally toward $5 this cycle. Meanwhile, the XRP price trading above the 20-EMA and 30-EMA hints at a bullish reversal, although with limited upside potential compared to DTX Exchange (DTX).

DTX Exchange (DTX): A More Promising Crypto Alternative Than Dogecoin (DOGE) and Ripple (XRP)

DTX Exchange (DTX) is a new DeFi-TradFi cryptocurrency on investors’ radars. Besides its novelty as a hybrid trading platform, it has plenty of room to run, making it a new favorite ahead of Dogecoin (DOGE) and Ripple (XRP).

Find out more information about DTX Exchange (DTX) by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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