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Cryptocurrency News Articles

The Crypto Market Is Taking Off Following Donald Trump’s Presidential Victory. Dogecoin (DOGE), Solana (SOL), and DTX Exchange (DTX) Stand Out

Nov 08, 2024 at 04:00 pm

The crypto market is taking off following Donald Trump's presidential victory. Dogecoin (DOGE), Solana (SOL), and DTX Exchange (DTX) stand out.

The Crypto Market Is Taking Off Following Donald Trump’s Presidential Victory. Dogecoin (DOGE), Solana (SOL), and DTX Exchange (DTX) Stand Out

After Donald Trump's victory in the US presidential election, the crypto market is once again on the rise. During this time, Dogecoin (DOGE) has made a big impact on the price charts. Even crypto analyst Pepa made a bold price prediction for this meme coin, suggesting it could reach $10.

Meanwhile, traders have also begun stockpiling Solana (SOL) and DTX Exchange (DTX) as both altcoins show good growth potential. In fact, some experts have even pegged DTX as the next 5x altcoin in 2025, given its potential to revolutionize online trading.

Analyst Makes a Bold Dogecoin (DOGE) Price Prediction

Following the US presidential election, Dogecoin (DOGE) has emerged as one of the top meme coins. According to CoinMarketCap, the price of Dogecoin has increased by over 10% on the 1-week chart and nearly 80% on the monthly chart. The market capitalization of Dogecoin also surged from $15 billion to $28 billion.

According to crypto analyst Pepa, this bullish trend for Dogecoin (DOGE) is expected to continue. His X post predicts a potential surge to $10 for this meme coin. While this Dogecoin price prediction may seem outlandish, a price increase is certainly on the cards.

According to TradingView, the Dogecoin crypto is now trading above its 10-day EMA of $0.169 and its 50-day EMA of $0.137. Its MACD level is 0.015, indicating bullish momentum for this meme coin. As a result, the future of Dogecoin in the crypto market appears promising.

Solana (SOL) Price May Hit ATH Soon

Solana (SOL) is also gaining traction in the crypto space. According to CoinMarketCap, the Solana price has increased by almost 10% in the past week. During that period, this altcoin traded between $175 and $188.

According to crypto expert Bob Loukas, Solana (SOL) has been in a consolidation phase for 34 weeks. In his X post, he states that once the Solana crypto breaks out, a potential surge to its ATH within 14 days is possible. Additionally, he anticipates this altcoin "going silly" in 2025.

This Solana price prediction is supported by its technicals. For example, TradingView indicates that it is trading above its 30-day EMA of $165 and its 50-day EMA of $160. Furthermore, its MACD level is 5.81, which falls within the buy zone, indicating impending bullish momentum.

DTX Exchange (DTX) Price Surges 300% in Ballistic Rally

Among traders, DTX Exchange (DTX) is also turning heads with its crypto ICO performance. This phase four presale star has already rewarded early buyers with a 300% return and raised over $6.8 million. With hype for this altcoin building up thanks to its recent CoinMarketCap listing, this fund amount is expected to reach $8 million by the end of this month.

People are interested in the DTX utility because of its role in the DTX Exchange. This hybrid trading platform will allow traders to access over 120K asset classes (gold, stocks, crypto coins, etc.) with complete privacy as there are no sign-up KYC checks.

By holding the DTX token, people will gain governance voting rights, a share of the trading fee revenue generated on the platform, and more. This altcoin is currently priced at $0.08, up 300% from its initial price of $0.02. However, another increase to $0.10 will occur in phase five. Additionally, a Tier-1 crypto exchange listing DTX soon will propel its price to $0.20 - a 150% return for those who buy it now.

What's Next for Crypto Coins Like Dogecoin (DOGE), Solana (SOL) & DTX Exchange (DTX)?

Following Donald Trump's presidential victory, the crypto market is surging. Among the top performers are Dogecoin (DOGE), Solana (SOL) and DTX Exchange (DTX). They could all experience further surges on the price charts. However, analysts are keeping a close eye on DTX, given its ties to the $18T gold market, which could provide long-term growth potential and stability for this crypto coin. As a result, some experts believe a 5x surge could occur for this crypto coin in 2025.

Learn more: Buy Presale Visit DTX Website Join The DTX Community

News source:bitcoinist.com

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