Altcoins
Analyst Chooses DTX Exchange Over SUI and XRP Price Prediction
As the market rebounds from the stock market crash on Friday, April 12, many altcoins are expected to reach new all-time highs. With the growing demand for small-cap cryptos due to their huge potential, SUI, DTX, and XRP are important projects under $2 that are expected to explode in the next bull run with moonshot price predictions.
Sui’s collaboration with BytePlus increases the price of the token
Sui (SUI) has seen a remarkable rebound after a massive price drop. The project recently made headlines after the launch of its first wrapped coin, FDUSD, which was listed on major exchanges including Binance. This has led to growing hype around the token, propelling its price towards new support levels.
According to recent reports, Mysten Labs, the creators of the Sui layer-1 blockchain have collaborated with BytePlus to expand its activities in the web3 sector. This partnership aims to explore various areas such as data warehousing, content development and augmented reality within Web3 games.
Despite recent developments, Sui price is facing a market decline. Currently down 3% in a single day, technical indicators point to a bearish price forecast. The 200-day moving average is moving downward with downtrends observed over a four-hour period. Ongoing developments may impact its price trajectory in the future if their relevance increases in the crypto sector.
XRP Poised to Surpass $0.7 After Open Interest Soars
Ripple (XRP) is emerging as a top choice for investors looking for projects under $2. According to data from Coinalyze, XRP open interest jumped 1.7% in 24 hours on the futures markets. Additionally, Ripple aims to transform the industry with strategic collaborations with Ready Player One and Reebok, promoting blockchain solutions and adaptability.
With talks of a potential XRP ETF and stablecoin also approaching, the main drag on Ripple’s growth is its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Ripple’s lawyer is expected resolve the issue in the coming weeks, filing a crucial opposition brief on April 24.
Following the positive outlook, millions of XRP tokens have been accumulated by whales over the past few days, according to reports. These trend lines are evident in its current 4% rise in a single day. If the trajectory persists, the price may surpass critical resistance levels to move above $0.7 in the coming weeks.
DTX Exchanges (DTX) Creates Buzz with Record $250,000 Presale
DTX Exchange (DTX) has become a prominent choice among crypto investors due to its unique TradFi proposition and robust security features. The hybrid platform offers traders unprecedented growth potential across various markets including forex, cryptos, stocks and shares.
For crypto enthusiasts and deFi investors, DTX Exchange is a project that offers the
the most attractive characteristics to grow in a volatile market by capitalizing on investments. DTX’s cutting-edge use case and utility of blockchain fundamentals will continue to help the project become a figurehead as users demand KYC-free, non-custodial wallets in 2024 for safe and secure trading. accessible.
The project demonstrates exceptional performance in 2024, with a successful private funding round of $2 million. Just days after the first stage of the public presale began, the project raised a staggering $250,000 with over 60% of tokens sold. Investors are rushing to buy the DTX token for $0.02, which is expected to skyrocket past $1 once the token goes live.