The new week started with a bloodbath: Bitcoin retested $91,000 and altcoins nosedived. Ethereum (ETH) below $3,000 and Solana (SOL) hovering below $200 summarize current market conditions. Nevertheless, a comeback is on the cards, positioning them among the top cryptos to buy.
Meanwhile, savvy investors have been betting on DTX Exchange (DTX), an up-and-coming cryptocurrency with plenty of room to run. In addition, it is fundamentally solid, standing at the intersection between traditional and decentralized finance. As the first crypto-native platform to offer conventional financial instruments, it is one of the new DeFi projects to watch out for.
DTX Exchange (DTX): The Next Crypto Unicorn
DTX Exchange (DTX), a novel altcoin at the crossroads between decentralized and centralized finance, is the latest on investors radars. Its unique approach to trading has been hailed as game-changing as it combines the best elements of CEX and DEX.
Unlike conventional platforms, it will be the first crypto-native platform to offer traditional financial instruments like stocks, ETFs, forex and over 100,000 currency pairs. It will be a one-stop platform for all trading needs, with users having no need to circle different exchanges for asset management. Primed for adoption, experts believe it might be the next big thing.
At the same time, it is heavily discounted at $0.16 in the eighth and final ICO round. With over $13.4 million raised in early funding, its community is rapidly growing and vibrant, expected to play a key role in its ascent. As it approaches its scheduled listing on Tier-1 exchanges in Q1, bullish forecasts have been flying, notably a 75x jump, potentially outperforming top crypto coins like Ethereum (ETH) and Solana (SOL).
Ethereum (ETH): Is a Bounce On the Cards
Ethereum (ETH), the leading altcoin, nosedived alongside the broader crypto market. It retails around $2,500 after the bulls lost the $3,000 support, with the MACD Level (12, 26) and 9-HMA suggesting further downswings. However, an overall market rebound is expected to push the Ethereum price upward.
At the same time, bullish forecasts have been growing, boosting confidence. Crypt0practice, a leading expert, believes Ethereum (ETH) has bottomed, targeting $7,700. Bitcoin Malaya, sharing a similar sentiment, expects a run to $8,000—one of the altcoins to watch.
However, to make the most of this run, DTX Exchange (DTX) might be a better crypto pick than Ethereum (ETH). As a low-cap DeFi gem, DTX has more room for growth, not forgetting this will be its first bull cycle.
Solana (SOL) Trades Downward
Solana (SOL), a Layer-1 coin and a DeFi giant, hovers below $200. Like the rest of the crypto market, it plummeted, down about 20% on the weekly chart. On the bright side, it is significantly discounted at the current market price, which savvy investors have been gobbling up.
With a bounce on the horizon, evident in the Solana price trading above the 200-EMA and 200-SMA, it is a top crypto to invest in. Moreover, top analysts like CG_raino anticipate a rebound to $250 within the next few months. Meanwhile, Corné Marchand believes SOL could go as high as $900 this cycle.
However, for huge ROIs, DTX might be a better crypto pick compared to Solana. For one, it is underpriced and undervalued, with plenty of room to run as a low cap. Tipped to experience a 75x upswing, it is among the best cryptos to invest in.
DTX Exchange (DTX): Outperforming Ethereum (ETH) and Solana (SOL)
Given DTX Exchange’s (DTX) huge upside as a new and low-cap coin, it is more undervalued than Ethereum (ETH) and Solana (SOL). Tipped to be among this year’s best crypto investment, it is a wave worth surfing this year. Moreover, it is fundamentally solid, primed to reshape the $10 billion global trading landscape.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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