The bulls continue their onslaught, sending altcoin prices higher. Polkadot (DOT) skyrocketed while Avalanche (AVAX) trades above the $40 support. With eyes on further gains, these are some altcoins to watch.
Also in the spotlight and stirring much excitement is DTX Exchange (DTX). This new DeFi crypto intersects with TradFi and basks in the spotlight, enjoying growing whale interest. Almost $9 million has been raised in early funding, suggesting investor trust—a bullish signal.
DTX Exchange (DTX): Growing Whale Interest Hints at Future Explosive Growth
The growing whale activity in the DTX Exchange (DTX) presale pushed it above $8.6 million in early funding. This rising whale interest suggests explosive growth after its market debut, positioning it as arguably the best crypto to invest in.
A token costs $0.10 in the fifth ICO round—ridiculously undervalued and teeming with potential. On track to skyrocket after its market debut, experts predict a 45x rally before the year’s end and more in 2025. This explains the growing interest, poised to outperform top cryptos like Polkadot (DOT) and Avalanche (AVAX).
Also driving whale interest is its solid fundamentals—a hybrid trading platform. Unlike conventional exchange protocols, it will combine the best elements of CEX and DEX. Further, it aims to bridge the gap between traditional and decentralized finance, intending to address challenges like financial exclusion and global inaccessibility to markets and assets. As it gears up to reshape the $10 billion global trading space, DTX is one of the new DeFi projects to watch.
Polkadot (DOT): 50% Rally on the Weekly Chart
Polkadot (DOT) is one of the top crypto coins. Its recent performance has been stellar, cementing its status as a top altcoin. The Polkadot price soared 50% in the past seven days, changing hands above $8.6.
Its next stop might be flipping the $11.6 resistance, paving a path toward flipping its 2021 all-time high of $55. Investors are drawing confidence from the 10-EMA and 10-SMA technical indicators, suggesting further upswings.
At the same time, experts’ bullish outlooks might be a vote of confidence in Polkadot (DOT). Crypto analyst MartiniGuyYT suggests a jump above $250, entering the top 10. Wickhunterr, another expert, gave a more modest forecast for the near term—a rally to $25.
Avalanche (AVAX): Is $200 Imminent?
Avalanche (AVAX) swung high, breaking above the $40 support. It maintains bullish momentum and is on track to flip the next resistance. The Avalanche price exploded over 15% on the weekly chart and 60% in the past 30 days.
Key technical indicators suggest further upswings in the coming days and weeks. Moreover, AVAX trading above the 20-SMA ($34.48) and 20-EMA ($35.18) is a buy signal hinting at more price gains. With plenty of room for growth—70% below its ATH of $146—it is among the best altcoins to invest in.
MustacheTommy, a crypto analyst, predicts Avalanche (AVAX) will hit $200 by April 2025. Another analyst, StonkChris, describes AVAX breaking out of the HTF and above the weekly cloud. Their first target is $80 to $120 and their final bull market target is $200.
DTX Exchange (DTX) Nears Explosive Debut as Polkadot (DOT) and Avalanche (AVAX) Swung High
DTX Exchange (DTX), a top ICO, approaches its market debut after crossing $8.6 million in presale. The rising whale interest and its imminent adoption as a hybrid trading platform are bullish signals, hinting at an explosive debut. Gearing up to outperform top players like Avalanche (AVAX) and Polkadot (DOT), this is a new DeFi project to bet on.
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