Ethereum Could Finally Launch to $5000 in Q4; Smart DOGE Whales Are Betting On This Altcoin Instead for 10x Gains

Ethereum (ETH) has increased by 16% in the last seven days. This gain shows the coin’s momentum after a long time since the correction started. Experts predict that this could be the inflection point for Ethereum and the crypto market and could lead to an all-time high.

Dogecoin (DOGE) investors have already prepared for the upcoming bull market by investing in the high-growth small-cap coin DTX Exchange (DTX). According to the crypto price action analyst, the DTX token can rise 10X from current levels.

Ethereum (ETH) Fees Spike: Could This Affect Price?

In early September 2024, Ethereum (ETH) average transaction fees dropped below $1 for the first time since July 2020. However, just weeks later, the fees surged dramatically. At the same time, Ethereum (ETH) burn rate also spiked, jumping over 1600% in just three weeks. It rose from 80.27 ETH on September 1 to 1,360 ETH by September 21.

Interestingly, while transaction fees and the burn rate are climbing, the seven-day moving average of active accounts on the Ethereum (ETH) network is falling. Currently at 385,000 accounts, this marks an 11% drop from its early September value. However, this hasn’t affected the price of Ethereum (ETH); ETH has continued its momentum despite the challenges.

Dogecoin (DOGE) Disappoints Traders Amid Market Recovery

Dogecoin (DOGE), the 8th largest cryptocurrency by market cap, hasn’t been able to keep up lately as other coins are gaining momentum. Although the 24-hour trading volume was over $606 million, the price of Dogecoin had only seen slight movements. Sellers and those interested in the market are not letting the situation out of their sight.

Last November, Dogecoin made a comeback, but its price has been falling since starting the correction in March. The direction of the overall market’s uptrend can give a little push to Dogecoin in the coming times.

DTX Exchange Leads The Billion-Dollar Trading Industry

Big investors from Ethereum (ETH) and Dogecoin are betting heavily on the DTX Exchange (DTX) because of its ability to lead in the exchange space. According to projections, DTX Exchange will be among the top five trading exchanges by 2025.

DTX Exchange connects traders worldwide to the future of trading through blockchain technology, ensuring security, transparency, and decentralization. It simplifies onboarding by skipping lengthy KYC procedures and accepting various cryptocurrencies.

A major highlight is the launch of Layer-1 VulcanX, which has unique features in the crypto space. DTX Exchange’s hybrid model, which combines both centralized and decentralized exchanges, makes it the first to do so using blockchain technology.

Rather than focusing solely on cryptocurrencies or stocks, DTX allows users to trade over 120,000 asset classes with up to 1000x funds capacity, including gold and CFDs. With transaction speeds of 0.04 seconds and no KYC sign-up, it’s likely to attract millions of traders.

Addressing common issues on traditional platforms, DTX Exchange offers low gas fees and an all-one wallet. As it enters Stage Three of its presale at $0.06, DTX Exchange invites investors with its user-friendly ecosystem, revenue-sharing, zero-commission trading, rewards program, decentralized governance, and other VIP perks.

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