Ethereum ETFs have made a huge entrance into the crypto market. They have already amassed a mind-blowing $107M, says James Seyffart. This impressive beginning showcases the increasing desire among traders for Ethereum-based investments and indicates good things to come for all cryptos in general.
Amid this event, one Ethereum-based exchange has made a name for itself – DTX Exchange (DTX). This Stage 2 presale star has already provided early buyers with a 100% ROI, which is a great number in a short time. Certain analysts claim that this rookie will soar by 100x in 2024 and provide bigger returns than Ripple (XRP), Jupiter (JUP), Celestia (TIA) and Cardano (ADA).
DTX Exchange (DTX): An Innovative Hybrid Trading Platform
The DTX Exchange (DTX) is causing a stir in the crypto industry with its great presale performance. So far, it has raised over $1M and is on track to reach $2M before July 2024 ends. According to Crypto Nitro, a well-known YouTube cryptocurrency influencer, DTX Exchange could become a major player in the online trading arena.
DTX Exchange stands out from the crowd with its hybrid trading model that combines DEX and CEX features. This gives traders access to more than 120,000 asset classes, including FX, gold and cryptos, without having to go through KYC checks. Plus, they can trade these assets at 1000x leverage—a big advantage over other platforms.
The platform’s utility token, DTX, offers many advantages for holders, such as governance voting rights or access to advanced analytics tools. Additionally, anyone who holds $100 worth of DTX during the presale will automatically enter a $1M giveaway, where ten lucky winners will receive $100K.
Currently, DTX is priced at just $0.04 in Stage 2 of its presale – a 100% growth from its starting price of $0.02. But, this price will surge to $0.06 once Stage 3 begins. Thus, market analysts foresee a 100x jump for DTX once it hits Tier-1 exchanges in Q3 of 2024.
Ripple (XRP): To Break Out This Week
Ripple (XRP) has been facing some turbulence recently. Over the past 12 months, the Ripple price dropped nearly 15%, as per CoinMarketCap data. However, crypto analyst Wizz claims that there could be a reversal soon. According to his X post, the Ripple crypto will break out this week.
The technical analysis of the Ripple coin supports this claim. For example, XRP is now trading above its 100 and 200-day EMAs while having 29 technical indicators in the green. As a result, market analysts have made a bullish Ripple price prediction – reaching $0.88 before Q3 of 2024 ends.
Jupiter (JUP): May See a Move Up
Jupiter (JUP) is another crypto that has faced some troubles. CoinMarketCap data shows that the Jupiter crypto price fell over 35% in the past year alone. But, another crypto analyst named Nebraskagooner remains bullish. In his X post, he states that the Jupiter coin needs to consolidate to build strength for a move up.
From a technical analysis perspective, the future of JUP appears bright. Notably, Jupiter now boasts around 17 technical indicators in the buy zone. Due to all these reasons, experts in the crypto field foresee a rise to $1.40 within Q3 of 2024 in their Jupiter crypto price prediction.
Celestia (TIA): Showing Some Strength
Celestia (TIA) has been making headlines in the crypto market. According to CoinMarketCap data, the Celestia price has jumped over 200% on the YTD chart. Crypto analyst Poseidon claims that TIA is now showing some strength. It has reclaimed its h12 EMA50, a strong trend indicator and needs to reclaim $8 before starting its new upside trend.
The technical analysis for the Celestia crypto supports this forecast. For instance, TIA now boasts over seven technical indicators in the green. Experts take note of all these factors when making a Celestia price prediction. Thus, they foresee a rise to $8 before Q3 of 2024 ends for Celestia.
Cardano (ADA): Now Supported by Tangem
Recently, Cardano (ADA) has captured some spotlight as well. Cardano revealed that the Tangem wallets now support all Cardano native tokens. Not only that, native staking will soon be available for these tokens as well.
This bullish Cardano news may trigger a rally for this crypto. The Cardano crypto value increased over 35% in the past 12 months. Moreover, ADA now boasts 13 technical indicators in the green. As a result, market analysts forecast a jump to $0.56 within Q3 of 2024.
Will DTX Exchange Outcompete Ripple, Jupiter, Celestia and Cardano?
The arrival of Ethereum ETFs has been explosive. In this market, DTX Exchange could be one token to watch. This rookie has a lower market cap than Ripple, Jupiter, Celestia and Cardano. Not only that, DTX Exchange taps into multiple trillion-dollar financial markets like the $1.4T FX one.
With these advantages, DTX will need fewer new funds for its price to surge while remaining more stable in the long run. If you wish to buy it, sign up for the DTX Exchange presale using the links below.
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