It has been an exciting week, from a Bitcoin ATH to the Federal Reserve lowering the interest rate by 0.25%. The Layer-1 token Sui (Sui) also hit an all-time high, with traders anticipating another as it goes on price discovery. Not to be left behind, Chainlink (LINK) also created a month high.
Meanwhile, DTX Exchange (DTX), the latest crypto sensation, enjoys massive whale interest. At the intersection of TradFi and DeFi, this new altcoin has captured investor interest, primed to skyrocket after its debut.
DTX Exchange (DTX): Primed for a 55x Jump in Value
DTX Exchange (DTX) is one of the newest altcoins on whales’ watchlists. It stands out for several reasons, from its hybrid exchange protocol to its rapidly growing community and upside potential. Aiming to shake up both the crypto world and the larger financial landscape, it is one of the new DeFi projects to watch.
This novel hybrid trading platform will integrate the best elements of CEX and DEX, from an intuitive user-friendly interface to wallet-based trading and non-custodial storage solutions. Moreover, as a utility-backed cryptocurrency, it will have tangible applications, including payments, investing in tokenized assets, staking and governance.
Aiming to burst into and reshape the $10 billion global trading space, DTX might be the best new crypto to invest in. Over $7 million has been raised in early funding, with a token heavily discounted at $0.08 in the fourth round. Primed for a 55x jump in value after its debut, it is a more compelling alternative to Sui (SUI) and Chainlink (LINK).
Sui (SUI): Is $15 Ambitious or Not?
Sui (SUI), a Layer-1 blockchain, is designed to be a secure, powerful and scalable platform, championing the global adoption initiative. By employing the novel Move programming language, it addresses prevalent inefficiencies in existing blockchain architecture.
The Sui price crossed $2.38 this week—over 15% upswing on the weekly chart. It created a new ATH in the process, with sights set on further gains. An ambitious Sui price prediction suggests a rally to $15 after the US election, positioning it as one of the best coins to invest in.
Backed by technical indicators, Sui (SUI) is primed for more gains. The MACD level (12, 26) at 0.0915 and TradingView’s moving averages reading “strong buy” suggest upswings, placing it on the list of altcoins to watch out for.
Chainlink (LINK): Soared Past $12
Chainlink (LINK) is a blockchain abstraction layer that connects smart contracts to external data feeds. It plays a key role in the crypto landscape, making it a favorite among institutional investors, with retailers also showing a keen interest.
The Chainlink price exploded over 10% in the past 7 days. It skyrocketed over 15% on the monthly chart, trading above $12.7—a month high. A top analyst expects a parabolic run to $17, $19 and $23, with $24 as major resistance. With the coming days promising more gains, Chainlink (LINK) is a promising wave not to miss.
Moreover, the exponential moving average (10) at 11.735 and the simple moving average (10) at 11.561 are bullish signals. A year close above $30 is on the cards, making Chainlink a top crypto to invest in.
Is DTX Exchange (DTX) Undervalued Compared to Sui (SUI) and Chainlink (LINK)
As an emerging cryptocurrency and low-cap gem, DTX Exchange (DTX) has more room for growth than Sui (SUI) and Chainlink (LINK). Further, its hybrid trading platform is poised to reshape the trading scene, painting a bullish picture and setting it up for massive adoption.
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