With the market in extreme greed, XRP’s 120% rally has sparked renewed interest in altcoins that could follow a similar trajectory. Among the leading options are three viral altcoins, each showing strong potential for massive gains.
Solana (SOL), Floki Inu (FLOKI), and DTX Exchange (DTX) have aligned with market conditions and traders are looking at them as possible opportunities to replicate XRP’s success. In this article, we explore these altcoins and whether now is the right time to invest before they take off.
Solana Price Climbs Amid REV And DeFi Growth
SOL has delivered an impressive price performance over the past month, with the Solana price increasing by 56.5% in just 30 days. Currently trading less than 8% below its peak, SOL has seen its trading volume surpass $8 billion. Analysts attribute SOL’s 15.7% increase in the past week to the series of double-digit surges in its DeFi protocols.
With 19 green days in the last 30 days, technical indicators signal a “strong buy” across moving averages and oscillators. SOL’s dominance is expected to increase after its REV surged 340% between October 14 and November 14. Community sentiment on CoinMarketCap is overwhelmingly positive, with 86% of users bullish on the Solana price.
FLOKI Dominates Meme And NFT Sectors
More than SOL, FLOKI surged 50% in the past week, taking it above $0.000263 apiece. Since mid-October, FLOKI transactions over $100,000 have jumped 113.54%, while daily active addresses have risen by 289%. This momentum has propelled FLOKI up the ranks, securing #2 in the NFT tokens sector and #6 in the meme coins sector.
Over the past year, FLOKI has delivered a staggering 715% price increase, outperforming 86 of the top 100 cryptocurrencies. As such, 9 out of 10 FLOKI addresses are in profits, highlighting its strong market performance. With a yearly inflation rate of 0.53%, FLOKI is forecasted to surge a further 200% by year-end.
DTX Exchange: Seize the 200% Surge Opportunity Before 2025
Unlike SOL and FLOKI, DTX Exchange is this week’s leading option, with predictions of a 200% surge before 2025. DTX Exchange is a next-generation trading platform that will give access to publicly traded assets worth over $93 trillion as of 2022. From cryptocurrencies to financial instruments, traders will be able to diversify their portfolios across different asset classes.
DTX Exchange (DTX) is designed to cater to retail traders. With features like 1,000x leverage and distributed liquidity pools, traders can maximize their profit potential in any given market potential. The hybrid model incorporated into DTX Exchange will combine elements of CEX and DEX to improve user experience.
Further, non-custodial trading takes a better turn with DTX Exchange. The recently launched Phoenix Wallet lets users retain full decentralized control of their private keys and assets while transactions are authenticated for less than the market average. DTX Exchange’s decentralized nature caters to users worldwide, with no restrictions on financial status.
The fifth stage of the DTX presale is in full swing. With tokens selling for $0.1 apiece, early investors have the opportunity to lock in on the lowest entry to the viral presale. With $7.97 million already raised, DTX Exchange offers new investors a limited 100% bonus when they use the code ‘SELLSTAGE.’ Buy now or regret later!
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