A buying spree continues as investors position themselves for what lies ahead: a full-blown bull market. With a parabolic run on the horizon, one of the latest investor favorites is DTX Exchange (DTX); Dogecoin (DOGE) whales are flocking in droves to the presale.
This novel hybrid blockchain has been hailed as a game-changer, considering its integration of conventional financial instruments with cutting-edge Web3 products. It’s on course for massive adoption and growth, its upside potential is largely unmatched, capturing the attention of Ripple (XRP) holders.
DTX Exchange (DTX): Gearing up for Explosive Growth
DTX Exchange (DTX) has been hailed as a trailblazer in the $10 billion global trading scene courtesy of its unique approach: a hybrid trading platform. Its proprietary unified Layer-1 blockchain aims to bridge the gap between TradFi and DeFi by offering a one-stop platform for all trading needs.
Besides its hybrid model, other key aspects of the protocol include smart contracts, an on-chain order book for transparency and distributed liquidity pools. Its primary objectives revolve around financial inclusion and enhanced security. Meanwhile, its commitment to traders is evident in its provision of the most advanced tools and features, from social and copy trading to on-chain analytics and trading robots.
With adoption imminent, it is primed for explosive growth, already pre-listed on CoinMarketCap. A token costs only $0.08 in round four of the ICO and is tipped for a 100x rally after its debut. Capturing the attention of Dogecoin (DOGE) and Ripple (XRP) investors, it is a new DeFi project worth betting on this quarter.
Dogecoin (DOGE): Can it Hit $0.5 This Year?
Dogecoin (DOGE) is the first fun-inspired token. It launched in 2013, becoming the first-ever dog-themed cryptocurrency and birthing the memecoin narrative. Since then, thousands of memecoins and new meme narratives have rolled out. But as the pioneering memecoin, it enjoys the first-runner advantage.
It is the largest meme token and a top-10 cryptocurrency in the wider crypto market. Reflecting bullish sentiment, the Dogecoin price increased over 4% in the past 7 days, changing hands above $0.14. Its performance on the monthly chart is even more impressive: a 25% uptick.
As it prepares to flip its 2021 all-time high of $0.73, Dogecoin (DOGE) is one of the best altcoins to invest in. Its leading status in the meme ecosystem and the broader crypto market sets it up for significant gain. A Dogecoin price prediction suggests a yearly close above $0.5, making it a good crypto to buy.
Ripple (XRP): 10% Decline in the Past 30 Days
The payment-based altcoin Ripple (XRP) is another top-10 cryptocurrency. It is at the crossroads between DeFi and TradFi, facilitating cross-border transactions. It is being rapidly adopted by payment companies, contributing to its ascent and appeal, as is growing institutional demand.
However, its unclear regulatory status continues to be the cause of bearish attacks. The recent appeal by the US SEC, hoping to overturn the court’s final judgment regarding its regulatory non-compliance, sparked a sell-off.
The XRP price nosedived over 10% in the past 30 days, hovering above $0.53. This decline continues on shorter timeframes, with a bearish XRP price prediction suggesting a retest of $0.45. However, given Q4’s promising outlook, Ripple (XRP) hitting $1 before the year’s end isn’t out of the question—one of the altcoins to watch out for.
Conclusion
DTX Exchange (DTX) might be one of this year’s biggest breakout stars, with Dogecoin (DOGE) and Ripple (XRP) investors already betting big. It has been hailed as the future of trading, with over $5.9 million raised in early funding. To become an early adopter and make the most of this wave, we suggest checking out the presale below.
Learn more:
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Source: https://blockonomi.com/dogecoin-whales-flock-to-dtx-exchange-dtx-a-novel-hybrid-blockchain-its-100x-upside-potential-stuns-ripple-xrp-holders/