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Cryptocurrency News Articles
Despite the price fluctuations in 2024, analysts are still looking forward to a price boom toward the end of the year.
Sep 26, 2024 at 01:19 am
They believe top crypto coins – Dogecoin (DOGE), Ethereum (ETH), and DTX Exchange are among the altcoins to watch out for.
As 2024 progresses, the cryptocurrency market has shown signs of recovery, with several altcoins performing exceptionally well. Among these tokens, Dogecoin (DOGE), Ethereum (ETH), and DTX Exchange (DTX) have attracted the attention of many investors.
According to data from IntoTheBlock, there has been a significant increase in large holder activity for Dogecoin (DOGE). The “Large Holders Netflow” metric has shifted from the negative zone of -2.23 million DOGE to 20.66 million DOGE, indicating a 926% increase. This large holder activity suggests that whales are accumulating Dogecoin crypto, which could indicate optimism in the future prospects of the memecoin.
Presently, the Dogecoin price is consolidating around the $0.10 region. If this region holds, we could see the value of the memecoin soar to new highs soon. Price predictions from CameronSWilson1 show that the value of the Dogecoin token could pump to $0.14323 in the coming weeks, surpassing the 200-SMA at $0.125035.
Moreover, the 14-day RSI and VWMA (10) are giving a buy signal, indicating that the sentiment around the cryptocurrency is bullish at the moment.
An interesting development has occurred with an early Ethereum (ETH) ICO investor who received 150,000 ETH years ago. According to data from Lookonchain, they have re-appeared after over two years of inactivity and have moved 3,510 ETH, which was valued at $912 million, to the Kraken exchange.
This sell-off adds to the large list of liquidations that the Ethereum coin has witnessed in the past month. Both Vitalik Buterin, the co-founder of the altcoin and the Ethereum Foundation, have been dumping Ethereum (ETH).
Despite this, Ethereum crypto has shown an outstanding performance in the past month, recording 16 green days. Also, the token has remained above the 50-SMA at $2,545.19 for more than a week. Price predictions from Kingbeef_eth show that the Ethereum price could surge to $3,581 before the year ends. At the moment, it is consolidating between $2.2k and $2.8k on the monthly chart.
In other news, DTX Exchange (DTX) is creating a buzz in the cryptocurrency sector with its ongoing presale. The project has raised over $2.7 million in the past few months and also sold out stages one and two of its presale.
Essentially, DTX Exchange is a hybrid exchange that aims to introduce something new to the crypto trading space. Unlike centralized exchanges, DTX Exchange does not have a very rigorous identification process, known as KYC.
This implies that traders can trade over 120K assets such as cryptocurrencies, forex, gold, CFDs, and ETFs, among others from any part of the globe without presenting personal information. Besides this, DTX Exchange leverages at over 1000:1, giving investors an opportunity to make tremendous profits with their insignificant stakes. In addition, the platform is on the list of the first to adopt AI technology.
With this integration, traders can access advanced trading tools, which will make trading easier and set them up for more profits. Furthermore, DTX Exchange increases liquidity by creating distributed liquidity pools to reduce slippage. Based on the features above, analysts forecast the price of DTX coin could surge by 10x this year.
Which Coin Can Give Investors the Most Profit: Dogecoin, Ethereum, or DTX Exchange?
While Dogecoin (DOGE) and Ethereum (ETH) could give hodlers massive gains this year, their high market cap makes their chances of growth limited. DTX Exchange, on the other hand, has a low market cap and will be launching soon, making it a better cryptocurrency to buy for huge gains in 2024.
Learn more:
Buy Presale Visit DTX Website Join The DTX Community
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Hamster Kombat ($HMSTR): A Comprehensive Guide to the Viral Telegram-Based Tap-to-Earn Project
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- South Korea Fines Worldcoin $830,000 for Misuse of Personal Data
- Sep 27, 2024 at 04:25 am
- The South Korean Personal Information Protection Commission (PIPC) has imposed a penalty of 1.1 billion won ($830,000) on Worldcoin and its sister organization
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- SEI Network (SEI) Saw an Applaudable Price Jump, With the SEI Token's Market Cap Cruising Above $1.6B
- Sep 27, 2024 at 04:25 am
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- Mawari Network Raises $10.8M to Scale Spatial Computing and XR Experiences
- Sep 27, 2024 at 04:25 am
- Mawari co-founder and CEO Luis Oscar Ramirez told The Block that the fundraising was structured as a simple agreement for future equity (SAFE) with token warrants.
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- Nervos Network (CKB), Sui (SUI), and Cutoshi (CUTO) – The Altcoins That Are Outperforming The Market
- Sep 27, 2024 at 04:25 am
- Large-cap cryptocurrencies are struggling and facing overall bearish sentiment, but at this time, a few promising altcoins are overperforming the markets, beating all the competition. These altcoins protect investors against drawdowns and give hope to survive in disappointing market conditions.
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- ORDI Airdrop: Check Eligibility for $ORDI Full guide
- Sep 27, 2024 at 04:25 am
- Obtaining your blockchain $ORDI tokens is painless! Just go through these quick steps and start using your tokens instantly.
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- Ethena Labs Releases New Fiat-Backed Stablecoin UStb Backed by BlackRock and Powered by Securitize
- Sep 27, 2024 at 04:25 am
- Ethena Labs, operating in the decentralized finance industry, has recently released its latest product. The fiat-backed stable coin is known as the UStb.
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- Crypto Analyst Bluntz Leans Bullish on Under-the-Radar Altcoin SAGA, Predicts Major Move for Memecoins WIF and POPCAT
- Sep 27, 2024 at 04:25 am
- The widely followed cryptocurrency analyst and trader known as Bluntz is leaning bullish on one under-the-radar altcoin while offering his insight on two memecoins.