The bull market is not slowing down, and the coming days and weeks promise even more gains. Despite the upside potential of top altcoins like Ripple (XRP) and Shiba Inu (SHIB), a new DeFi gem has stolen the spotlight: DTX Exchange (DTX).
This new altcoin is one of the new DeFi projects to watch due to its substantial growth prospects. As a low-cap gem, it has a lot of room to run compared to most major crypto coins, driving demand.
DTX Exchange (DTX): A Better Bet Than Popular Cryptos
DTX Exchange (DTX) is a new low-cap gem preparing to make its mark in the crypto space. More than just an altcoin, it aims to transform the $10 billion global trading space with a hybrid exchange protocol. As expected, there was strong interest from investors and traders.
Unlike popular cryptocurrencies, it has a significant discount. It costs just $0.12 in the sixth ICO round and is full of potential as a promising altcoin. With the launch date fast approaching after crossing $9.4 million in initial funding, industry experts are predicting a 50x rally, potentially surpassing Ripple (XRP) and Shiba Inu (SHIB).
Meanwhile, its hybrid exchange protocol will be its most distinctive feature. Compared to existing players, it will combine the best elements of CEX and DEX, addressing key challenges such as financial exclusion and global inaccessibility to markets and assets. Additionally, through tokenization, this will enable the trading of thousands of TradFi assets, including stocks, ETFs and currencies, alongside cryptocurrencies.
Ripple (XRP): additional gains?
Ripple (XRP), the high point of the fourth quarter, maintains its bullish momentum. Meanwhile, technical indicators such as MACD level (12, 26) and 20-VWMA suggest future gains, placing it among the altcoins to watch.
Outperforming the crypto market, XRP price saw an 80% surge over the past seven days, selling above $2.5. The price soared 400% on the monthly chart, surpassing most of the top altcoins. With experts expecting further gains, this is a promising wave not to be missed.
XRP enthusiast and leading analyst CryptoGeekNews estimates that the altcoin would reach $5.98 in the coming days and $9.87 by the end of the month. MrMemeAndDream, another crypto analyst, shared via X an ADA rally to $4.10 by the end of the year, a more modest prediction.
Shiba Inu (SHIB): the main meme of the Ethereum blockchain
Shiba Inu (SHIB), Ethereum’s top meme, has peaked. With more to come, SHIB is one of the best cryptocurrencies to invest in. One investor and crypto analyst, CW8900, is targeting $0.000038. Another top analyst, JavonTM1, believes that a rally above its all-time high of $0.000081 is possible.
Key technical indicators support this bullish forecast. Shiba Inu (SHIB) price trading above the 10-SMA and 10-EMA represents buy signals, suggesting huge price gains. At the current price, it presents a good entry.
Meanwhile, Shiba Inu price is hovering above $0.00003 after a 20% rise on the weekly chart. It has seen a 75% gain over the past month, outperforming many top crypto coins. Eyeing a monthly close above $0.00004, this is one of the cryptos to watch.
DTX Exchange (DTX): a new Altcoin with more upside potential than Ripple (XRP) and Shiba Inu (SHIB)
DTX Exchange’s (DTX) huge growth prospects as a small-cap gem make it a new favorite. Compared to Ripple (XRP) and Shiba Inu (SHIB), it offers more room for growth, which drives demand. More importantly, its future transformation of the global trading scene via a hybrid exchange protocol makes it a new DeFi project worth watching.
Learn more: