Altcoins
Trump: US Must Lead Crypto Market or Be Left Behind
In a recent statement, former President Donald Trump stressed that the United States must take charge of the cryptocurrency industry, otherwise China could dominate the market. In light of this heated race for supremacy, traders are now looking for altcoins that can bring about massive growth.
Here are five altcoins that could improve your portfolio: DTX Exchange (DTX)Ripple (XRP), Arbitrum (ARB), Solana (SOL), and Core (CORE). While many are top altcoins, DTX Exchange is in Phase 2 of its presale, which has already surged 100%. Some analysts are even suggesting that it has the potential to become the next 100x altcoin in 2024.
DTX Exchange (DTX): A Major Altcoin to Watch
Experts have labeled DTX Exchange (DTX) as the most likely to succeed altcoin. During its ongoing presale, DTX Exchange has raised over $1 million and is expected to reach $1.5 million by the end of this month, with early buyers seeing a 100% ROI. Even popular crypto YouTubers like Cryptocurrency World they took note of this project.
This is partly because DTX Exchange uses a hybrid trading model that combines the functionality of CEX and DEX. As such, it allows its users to access over 120,000 asset classes, including forex and cryptocurrencies, with 1000x leverage along with 0.04-second transaction speeds. Additionally, there are no KYC sign-up checks required, which means privacy for all traders.
The utility token that powers DTX Exchange is called DTX. Owning this altcoin comes with reduced trading fees, access to advanced analytics tools, and governance voting rights. Additionally, anyone who purchases $100 of DTX during its pre-sale will be entered into a $1 million giveaway, where ten people will each win $100K.
Currently, one DTX costs only $0.04 in Phase 2 of its presale. But this price will increase to $0.06 once Phase 3 begins, a 50% ROI if you buy it now. For all these reasons, market analysts predict that its value will skyrocket 100 times in Q3 2024, once DTX hits Tier-1 exchanges. This prediction makes DTX one of the best altcoins to invest in.
Ripple (XRP): Bullish Narratives Explode
Next, we will talk about Ripple (XRP). Recently, Holiness revealed that bullish narratives have exploded following Ripple’s bullish trend. According to CoinMarketCap dataRipple coin has dropped nearly 15% in the past year alone. However, the technical analysis for this altcoin paints a more positive picture.
Ripple is trading above its 100-day and 200-day EMAs, while it has 29 green technical indicators. As a result of all these bullish news and indicators on Ripple, crypto experts also remain confident in its growth. They predict a potential increase to $0.66 before the end of Q3 2024 for this altcoin.
Arbitrum (ARB): Massive Bullish Wave
Arbitrum (ARB) is another altcoin to keep an eye on. CoinMarketCap data shows that Arbitrum’s price has dropped by nearly 40% in the last 12 months. However, cryptocurrency analyst World of Charts made a bold statement. According to his post XARB is now approaching a trend line and if it breaks above it, a massive bullish wave could occur.
Technical analysis for Arbitrum cryptocurrency supports this claim. For example, around 14 technical indicators are in the buy zone for this altcoin as it is trading above its 50-day EMA. Analysts note all these factors when making their Arbitrum price predictions. Hence, they predict that ARB will trade at $1.03 by Q3 2024.
Solana (SOL): Top analyst with a bold prediction
Our analysts have also been paying close attention to Solana (SOL), another altcoin trading in the green. According to CoinmarketCap dataSolana price has increased by over 500% on the YTD chart. Analyst Ali Martinez claims that this bullish trend will continue. In his post Xclaims that SOL is forming a W pattern, which means that the price of this altcoin could soon reach $174.
From a technical analysis perspective, Solana’s future also looks bullish. Notably, SOL is trading above its 100-day and 200-day EMAs, while it has 27 technical indicators in the green. Therefore, experts are predicting a rise to $170 before the end of Q3 2024 in their Solana price forecast.
Core (CORE): Could Continue to Grow
Finally, we will talk about Core (CORE), an altcoin that has shown bullish signs. In the last year alone, the price of Core has increased by more than 50%, according to CoinMarketCap figuresAlso, cryptocurrency analyst CRG Complaints that CORE has regained its 200DMA and may soon see a rally.
The technical analysis for Core cryptocurrency also shows bullish indicators. For example, CORE is trading above its 21-day and 50-day EMAs, while it has 20 green technical indicators. As a result, market analysts have made a bullish Core price forecast. They predict a rise to $2.49 by Q3 2024.
Final Thoughts on the Best Altcoins
Donald Trump’s emphasis on the need for American dominance in the cryptocurrency industry highlights how vital blockchain technology is becoming to the global economy. Traders are eyeing altcoins like DTX Exchange, Ripple, Arbitrum, Solana, and Core as they seek higher profits in this fast-paced market.
In this context, DTX Exchange stands out. This newbie has connections to several trillion-dollar financial markets such as the $1.4 trillion FX market and a low market cap. In other words, DTX will rise much faster than its peers in the altcoin space. To buy it, follow the links below.
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