The crypto market is currently showing some volatility as top tokens like Cardano (ADA) and Shiba Inu (SHIB) are both in the red. The price of ADA fell by double digits on the monthly chart. At the same time, the price of Shiba Inu also showed a downtrend. However, market experts like AMCrypto and Rose Premium signals have made bold price predictions for these altcoins.
Meanwhile, a new altcoin is making headlines for positive reasons. This is DTX Exchange (DTX), a presale star now in its bonus phase that has given early buyers an 800% return. Given that a major Tier-1 CEX listing is expected for DTX soon, this number is bound to increase. Some analysts even predict a potential 5x price jump for DTX before 2025 ends.
DTX Exchange (DTX) Bucks the Trend With an 800% Price Pump
While Cardano (ADA) and Shiba Inu (SHIB) are showing some red price charts, DTX Exchange (DTX) is bucking the trend in its crypto ICO event. This presale has already given early buyers an 800% return. Plus, demand is so high that it has raised over $14M and may hit $16M before this month ends.
DTX Exchange received a lot of attention with the release of its hybrid trading platform. On this platform, traders can access over 120,000 asset classes like CFDs and crypto coins while staying anonymous, thanks to no sign-up KYC checks. It also allows users to copy trades of seasoned traders, which can pay off significantly. These features have allowed the platform to grow its user base by over 600K.
Those interested in this platform are now buying its native token, DTX. It is now in the bonus round of its crypto ICO event. It costs only $0.18, an 800% rise from its starting price of $0.02. However, this altcoin price will rise to $0.20 after a Tier-1 CEX lists it soon. Given this 11% growth, it is easy to see why DTX stands out among altcoins in this market cycle.
The Cardano (ADA) Price May Soar to $1, Expert Claims
Cardano (ADA) is one of the top 10 altcoins but it has shown some red price charts recently. CoinMarketCap shows that the price of ADA fell nearly 25% in the past 30 days. During that time, its value dropped from around $1 to nearly $0.70.
However, crypto analyst AMCrypto remains bullish for Cardano (ADA). According to his X post, this altcoin has a high probability of 70% for an ADA ETF. This could result in a massive breakout for the price of ADA. He forecasts a potential surge above $1 for Cardano soon.
Although this Cardano price prediction is making some waves, many investors are still skeptical. Since this token’s market cap now sits at around $30B, it will need a lot of new money for the price of ADA to soar. But altcoins like DTX will not face this issue.
Rose Premium Signals: The Price of Shiba Inu (SHIB) Could Skyrocket Soon
Like the price of ADA, Shiba Inu (SHIB) is also experiencing some turbulence. On the one-month chart, its value fell from around $0.000021 to nearly $0.000015. In other words, there was almost a 30% drop in the price of Shiba Inu in just a few short weeks.
However, many experts, like Rose Premium Signals, think the price of Shiba Inu (SHIB) could rebound soon. In his recent X post, he said this meme coin shows strong signs of a reversal. He forecasts a potential price surge to $0.000036.
Many traders are excited about this Shiba Inu price prediction but are still sidestepping it for DTX. This is because the price of Shiba Inu has already surged over 50% on the YTD chart. Therefore, its highest upswings may have passed.
Can DTX Exchange (DTX) Eclipse Cardano (ADA) and Shiba Inu (SHIB) in Terms of Gains?
While Cardano (ADA) and Shiba Inu (SHIB) could see price rebounds soon, all eyes are on DTX Exchange (DTX) right now. This innovative platform closes the divide between CEX and DEX while tapping into trillion-dollar financial markets like the $1.4T FX one. Therefore, its long-term growth potential and stability could be amazing.
Plus, its smaller market cap means faster price gains with less money. This could make its value soar faster than the price of Shiba Inu or Cardano. Due to all these factors, experts forecast a potential 5x price increase for this altcoin before 2025 ends.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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Source: https://thenewscrypto.com/new-altcoin-generates-massive-buzz-thanks-to-800-surge-while-crypto-bloodbath-affects-cardano-ada-and-shiba-inu-shib/