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Cryptocurrency News Articles

DTX Exchange (DTX) Coin Records 500% Price Pump, Attracting Investors' Attention

Dec 20, 2024 at 07:00 pm

Heading into 2025, some new altcoins like DTX Exchange (DTX) stand out from the crowd, attracting investors’ attention with their utility and high growth potential.

DTX Exchange (DTX) Coin Records 500% Price Pump, Attracting Investors' Attention

As 2025 approaches, several new altcoins are emerging and attracting the attention of investors with their utility and high growth potential. Among them, DTX Exchange (DTX) has stood out with a remarkable price pump.

While many other cryptocurrencies have been consolidating, the DTX coin has been on a hot streak, recording a 500% price pump. This impressive growth has not gone unnoticed, especially among holders of top altcoins like Shiba Inu (SHIB) and Solana (SOL).

After its price pump to $0.12, DTX Exchange has caught the attention of Shiba Inu (SHIB) and Solana (SOL) holders. Analysts have highlighted DTX as a good cryptocurrency to buy, considering its current growth rate and potential to pump by up to 10x in Q1 2025.

Shiba Inu (SHIB) Eyes Potential Breakout After Lengthy Consolidation

According to a recent analysis by Klejdi Cuni on TradingView, a bullish formation is emerging on the price chart of Shiba Inu (SHIB). While Cuni acknowledges the downtrend in SHIB’s price, he anticipates a buildup for a price surge.

Highlighting a strong support at $0.00002424, the market analyst suggests that active accumulation is still present, and this consolidation period could lead to a breakout in the upcoming months.

If a breakout occurs, Cuni's analysis projects an initial price target of $0.00003232 for SHIB. With sustained upward momentum, the memecoin could rally further to reach $0.00004167 and $0.00005675.

However, CoinMarketcap data shows that the Shiba Inu token has declined by 17.6% over the past week. If the bearish sentiment persists, SHIB could drop below the $0.00002 mark.

Solana (SOL) Price Analysis: Chart Shows Potential Breakout From Falling Wedge

In a recent tweet, top analyst Jelle praised Solana (SOL) for holding monthly and weekly support at around $210 despite the market correction. According to him, SOL has been trading in a falling wedge, and a breakout is around the corner.

The analyst attached a chart that shows the altcoin rallying to a new all-time high of $320.

On the flip side, failure to break could pull SOL price below the support to former lows. Currently, Solana price is consolidating between $203.31 and $234.11 on the weekly timeframe.

Meanwhile, Solana’s VWMA (10) and Hull Moving Average (9) are showing buy signals, which is a bullish sign. It shows that buying pressure is increasing in the market and a price surge could occur soon.

DTX Exchange: The Future of Trading is Here

Get ready to redefine your trading experience with DTX Exchange (DTX), a new-generation platform that makes trading easier.

Combining advanced tools with an easy-to-use interface, DTX empowers both new and experienced traders. New traders can trade with confidence, while experienced traders can execute trades with ease.

At the core of DTX Exchange is the groundbreaking Phoenix Wallet, a true innovation in digital asset management. It enables traders to easily manage over 120,000 assets, including cryptocurrencies, ETFs, stocks, bonds, and commodities. All of these assets are available for trading on DTX Exchange.

This approach breaks down the barriers between markets, giving traders the freedom and options they need to succeed in any trading environment.

Moreover, DTX Exchange offers high leverage of 1000x, allowing traders to maximize their profits even with small capital.

Another feature that sets this DeFi project apart is its no-KYC approach. Traders can register with just an email and cryptocurrency wallet.

The DTX token plays a crucial role in the platform and is currently priced at $0.12 with the potential to increase by 10x in the coming months.

Final Thoughts

Amid the ongoing market correction, DTX Exchange has emerged as a standout cryptocurrency among Shiba Inu (SHIB) and Solana (SOL) investors.

Investors who are looking to expand their portfolios and potentially reap the benefits of rising cryptocurrencies can consider joining the train before it departs.

To learn more about DTX Exchange (DTX), follow the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Dec 21, 2024