The crypto market took another downturn after Bitcoin (BTC) fell below $60,000. This time, Shiba Inu (SHIB) and Solana (SOL) reacted positively, showing strength and defying bearish trends.
At the same time, DTX Exchange (DTX), the latest ICO sensation, has become an investor favorite. Its novelty as a bridge between DeFi and TradFi and significant growth prospects have been fueling demand.
DTX Exchange (DTX): A New Favorite Presale Token
DTX Exchange (DTX) is on investors’ radars for several reasons, selling out faster than most new ICOs. In round 3 of the presale, more than $2 million has been raised, hinting at future growth and adoption. Regarding its appeals, it seeks to transform the $10 billion global trading market and go on several price discoveries.
As an emerging cryptocurrency with real-world utility, it has more upside potential than top coins like Shiba Inu and Solana. Further, it has no bull market history, prompting experts to project a timely 50x rally after its debut. And at $0.06 per token, it offers a good entry point.
Besides, its unique blend of TradFi and DeFi makes it a strong contender in the crypto space. Its one-stop platform will combine the best elements of DEX and CEX, allowing over 120,000 asset classes to be traded, including cryptocurrencies, stocks, bonds and tokenized assets. Sailing towards adoption, this is a wave not to miss out on.
Shiba Inu (SHIB): Maintains Key Price Level
Shiba Inu (SHIB), a top meme and one of the leading altcoins, is in the spotlight for its remarkable strength. Despite the wider market dip, it maintains key support, enough to stir up excitement within the community. Speaking about crypto communities, the Shib Army is among the most vibrant—a continuous catalyst for growth.
The Shiba Inu price hovers above $0.000014—solid support. With the coming days promising a bounce and given SHIB’s recent price actions, it is for a huge price jump.
Similarly, the Shiba Inu coin’s long-term outlook is promising. Currently trading at an 80% discount from its all-time high of $0.00008845, it is in a great accumulation zone, with a comeback approaching. According to experts, it is on track for a new peak, making it one of the best cryptos to invest in.
Solana (SOL): Eyes a Jump Past $160
Solana (SOL), one of the best altcoins, is a DeFi powerhouse. This blockchain and smart contract platform facilitates the creation of decentralized applications, popularly known as dApps. As one of the favorite DeFi solutions and service destinations, the native utility token SOL is constantly in demand.
Following the recent market dip, the Solana crypto fares better than most top altcoins. The $140 support holds strong, although a breach toward $135 might spark a sell-off below $120. However, a jump past $160 is on the cards if the bulls maintain momentum.
Besides, the current Solana price is a huge discount, considering it traded above $200 in March. With a comeback on the horizon, SOL might revisit this level before the end of quarter three. Further, it is on track for a new peak, which top analysts believe might play out in Q4.
Conclusion
Shiba Inu and Solana fare better than most altcoins as the crypto market declines. Meanwhile, DTX Exchange has emerged as a new favorite among investors, boasting significant upside potential and an impending transformation of the global trading market.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
