With the new year just around the corner, experts are predicting new highs for Ethereum (ETH) and DTX Exchange by January 2025 as the cryptocurrency market prepares for a possible bull run. Ethereum (ETH) remains on an upward trajectory with future network updates.
DTX Exchange is building anticipation with its upcoming hybrid trading platform and community backing. Analysts say Ethereum price could surge to $20k while DTX Exchange could reach $1. On the other hand, Shibarium, a layer-2 network for Shiba Inu, has processed 7 million blocks.
Ethereum (ETH) Going To $20K By January 2025
In a recent tweet, Julien Bittel, the head of Macro Research at Global Macro Investor, forecasted the price of Ethereum (ETH) could increase to $20k by January 2025. This mark would be an all-time high for the altcoin. Presently, the Ethereum crypto price is trading above the $2,500 mark. It is consolidating between $2.2k and $2.8k on the monthly timeframe.
The market cap of the cryptocurrency is around the $260-$320 billion mark. While Bittel is bullish about Ethereum price USD soaring to a new all-time high, a recent prediction by Polymarket revealed that the current odds of the alt coin reaching a new all-time high is 85%. Just 14% stake for a new peak outcome and less than 1% expected a new all-time high in the next five days.
Shiba Inu (SHIB) Shibarium Hits New Milestone
Shiba Inu’s (SHIB) layer-2 blockchain solution, Shibarium, is in the spotlight again because it has achieved another milestone. According to reports, the network has processed about 7 million blocks, while the total number of transactions is approaching 420 million. Other metrics also increased. Contracts rise from only two on September 23 to 16 on September 24, a surge of 700%. Presently, the Shiba Inu price is still trading above the 50-SMA at $0.00001399.
The memecoin, which was in losses a few months ago, is now trading in the green region. Shiba Inu coin has recorded 17 green days in the past month, a sign that bulls have the upper hand. The cryptocurrency’s 14-day RSI is above the 60 mark and supports an upsurge to higher levels. Presently, Shiba Inu crypto bulls are eyeing the 200-SMA at $0.00001853.
DTX Exchange (DTX) Presale Surges To New MileStones
DTX Exchange (DTX) has skyrocketed in its ongoing presales, giving early investors up to 200% ROI. The DTX tokens are soaring high in demand as more than 15,000 users have bought these tokens. Analysts forecast its price can surge 50x when the tokens start trading on CEX. DTX Exchange is an upcoming hybrid exchange that has a significant advantage with features such as gas-free trading, AI automated trading, and a 1000x leverage to help traders make more profits.
In addition, DTX Exchange increases security with a mix of the hybrid, effectively utilizing the highly secured models of decentralization. Some are Single ownership of assets, tiered accounts, absence of KYC checks, which allows users to trade anonymously. Also, traders have control of their funds.
The hybrid platform also offers users fast transactions and access to more trading pairs sourced from different markets like cryptocurrencies, stocks, indices, forex, ETFs, and bonds. According to ISDA’s data, this market hit $714.7 trillion in June 2023, giving DTX Exchange the opportunity to become one of the top crypto coins by 2025.
DTX Exchange To Soar Alongside Ethereum in 2025
Although Ethereum (ETH) is a strong force in the crypto space, DTX Exchange is rising as a dominant force that can give investors significant returns. Its hybrid trading platform and unique features make it a top DeFi project to join for massive gains in the future.
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Source: https://www.crypto-news-flash.com/analysts-say-ethereum-and-dtx-exchange-will-reach-new-peak-by-january-2025-shibarium-reaches-new-milestone/?utm_source=rss&utm_medium=rss&utm_campaign=analysts-say-ethereum-and-dtx-exchange-will-reach-new-peak-by-january-2025-shibarium-reaches-new-milestone