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Cryptocurrency News Articles
Ethereum (ETH) and DTX Exchange Price Predictions: Experts See New Highs by January 2025
Sep 28, 2024 at 11:30 pm
With the new year just around the corner, experts are predicting new highs for Ethereum (ETH) and DTX Exchange by January 2025 as the cryptocurrency market prepares for a possible bull run.
As 2025 approaches, cryptocurrency experts are predicting new highs for both Ethereum (ETH) and DTX Exchange.
Here's a closer look at the predictions and the latest updates on these cryptocurrencies.
1. Ethereum (ETH) Price Prediction: Surging towards $20K
Julien Bittel, Head of Macro Research at Global Macro Investor, recently took to Twitter to share his prediction about Ethereum's price. According to Bittel, ETH's price could skyrocket to a staggering $20,000 by January 2025.
This mark would signify an all-time high for the second-largest cryptocurrency. Currently, Ethereum's price is trading above the $2,500 mark, showing resilience despite the bear market.
On a monthly timeframe, ETH's price is consolidating between the $2.2K and $2.8K range. The cryptocurrency's market cap is also hovering around the $260-$320 billion mark.
Bittel's prediction is driven by his bullish outlook on Ethereum's price reaching a new all-time high. However, a recent prediction by Polymarket reveals that the current odds of the altcoin reaching a new all-time high stand at 85%.
Meanwhile, only 14% are betting on a new peak outcome, and less than 1% expect a new all-time high in the next five days.
2. Shiba Inu (SHIB) Shibarium Network Blocks Surpass 7 Million
Shiba Inu's layer-2 blockchain solution, Shibarium, has achieved another milestone with impressive growth in blocks processed. According to recent updates, the network has now processed over 7 million blocks.
This achievement comes as Shibarium, a highly anticipated network, continues to expand its operations. The network's total transactions are also approaching the 420 million mark.
Other metrics are also showing an increase. For instance, the number of contracts on the network rose from only two on September 23 to 16 on September 24 - a surge of 700%.
Currently, the SHIB price is trading higher, showing resilience above the 50-simple moving average (SMA) at $0.00001399. SHIB crypto bulls are aiming for the 200-SMA at $0.00001853.
3. DTX Exchange (DTX) Presale Surges with 200% ROI
DTX Exchange, a hybrid cryptocurrency exchange, has achieved remarkable success in its ongoing presales. Early investors who participated in the presales are now enjoying a return on investment of up to 200%.
The demand for DTX tokens is soaring, with over 15,000 users having already purchased the tokens. According to analysts, DTX's price could surge 50x when the tokens begin trading on centralized exchanges.
DTX Exchange is set to launch a hybrid exchange that combines the best features of both centralized and decentralized exchanges. One key advantage is gas-free trading, which will enable traders to make multiple trades without incurring any network fees.
Another unique feature is AI automated trading, designed to help traders optimize their strategies and maximize profits. Furthermore, the exchange offers traders up to 1000x leverage, catering to both experienced and beginner traders.
In addition to these features, DTX Exchange enhances security by utilizing a hybrid model that effectively leverages the highly secured models of decentralization.
This includes single ownership of assets, tiered accounts, and the absence of KYC checks, which allows users to trade anonymously. Moreover, traders have complete control over their funds at all times.
The hybrid platform also provides users with fast transactions and access to a wider range of trading pairs sourced from different markets. These markets include cryptocurrencies, stocks, indices, forex, ETFs, and bonds.
According to ISDA's data, this market was valued at $714.7 trillion in June 2023, presenting a significant opportunity for DTX Exchange to become one of the top crypto coins by 2025.
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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