Altcoins
Trump: US Must Lead Cryptocurrency Market or Be Left Behind
In a recent statement, former President Donald Trump stressed that the United States must take charge of the cryptocurrency sector, otherwise China could dominate the market. In light of this fierce race for supremacy, traders are now looking for altcoins that can generate considerable growth.
Here are five altcoins that could improve your portfolio — DTX Exchange (DTX)Ripple (XRP), Arbitrum (ARB), Solana (SOL), and Core (CORE). While many of these are top altcoins, DTX Exchange is in the second stage of its presale, which has already surged 100%. Some analysts even suggest that it has the potential to become the next 100x altcoin in 2024.
DTX Exchange (DTX): One of the Top Altcoins to Watch
Experts have labeled DTX Exchange (DTX) as the altcoin most likely to succeed. During its ongoing presale, the DTX Exchange has generated over $1 million and is expected to hit $1.5 million by the end of the month, with early buyers seeing a 100% return on investment. Even famous crypto YouTubers such as CryptoDexWorld have become aware of this project.
This is partly because DTX Exchange uses a hybrid trading model that merges the features of CEX and DEX. Thus, it allows its users to access over 120,000 asset classes, including forex and crypto, with 1,000x leverage and transaction speeds of 0.04 seconds. Additionally, no KYC checks are required upon registration, ensuring privacy for all traders.
The utility token that powers DTX Exchange is called DTX. Holding this altcoin grants you reduced transaction fees, access to advanced analytics tools, and governance voting rights. Additionally, anyone who buys $100 worth of DTX during its presale will be entered into a $1 million competition, where ten people will each win $100,000.
Currently, one DTX costs just $0.04 during the second stage of its presale. But this price will increase to $0.06 once the third stage begins, which is a 50% return on investment if you buy it now. For all these reasons, market analysts predict that its value will increase 100x in Q3 2024 once DTX reaches tier-1 exchanges. This prediction makes DTX one of the best altcoins to invest in.
Ripple (XRP): Bullish Narratives Explode
Next, we are going to talk about Ripple (XRP). Recently, Sentiment revealed that bullish narratives have emerged following Ripple’s uptrend. According to CoinMarketCap DataThe value of Ripple coin has dropped by almost 15% in the past year alone. However, the technical analysis of this altcoin shows a more positive picture.
Ripple is trading above its 100-day and 200-day moving averages while having 29 green technical indicators. Due to all these bullish news and indicators regarding Ripple, experts in the cryptocurrency space also remain confident in its growth. They predict a potential rise to $0.66 before the end of Q3 2024 for this altcoin.
Arbitrum (ARB): Massive bullish wave
Arbitrum (ARB) is another altcoin to watch. CoinMarketCap Data shows that Arbitrum’s price has fallen by nearly 40% in the past 12 months. However, crypto analyst World of Charts has made a bold claim. According to his post XARB is now approaching a trendline and if it breaks above it, a massive bullish wave could occur.
The technical analysis of the Arbitrum cryptocurrency confirms this statement. For example, around 14 technical indicators are in the buy zone for this altcoin as it is trading above its 50-day EMA. Analysts consider all these factors when making their Arbitrum price predictions. Thus, they predict that ARB will trade at $1.03 during the third quarter of 2024.
Solana (SOL): A Major Analyst With a Bold Prediction
Our analysts also paid special attention to Solana (SOL) – another altcoin that is moving in the green. CoinmarketCap DataSolana price has jumped over 500% on the YTD chart. Analyst Ali Martinez says this bullish trend will continue. his post XHe states that SOL is forming a W pattern, which means that the price of this altcoin could soon reach $174.
From a technical analysis perspective, Solana’s future also looks bullish. Notably, SOL is trading above its 100-day and 200-day EMAs while having 27 technical indicators in the green. Therefore, experts are predicting a rise to $170 before the end of Q3 2024 in their Solana price prediction.
Core (CORE): Could continue its growth
Finally, we will talk about Core (CORE), which is an altcoin that is showing bullish signs. In the past year alone, Core’s price has increased by more than 50%, according to CoinMarketCap Figures. Additionally, crypto analyst CRG demands that CORE has recovered its 200DMA and could pump soon.
The technical analysis of Core cryptocurrency also shows bullish indicators. For instance, CORE is trading above its 21-day and 50-day EMAs while having 20 green technical indicators. As a result, market analysts have made a bullish price prediction for Core. They predict a rise to $2.49 during the third quarter of 2024.
Final Thoughts on the Best Altcoins
Donald Trump’s emphasis on the need for American dominance in the cryptocurrency sector shows how vital blockchain technology is becoming to the global economy. Traders are taking an interest in altcoins such as DTX Exchange, Ripple, Arbitrum, Solana, and Core as they seek higher profits in this fast-moving market.
In this environment, DTX Exchange stands out. This rookie has connections to several multi-trillion dollar financial markets, such as the $1.4T FX market, and a small market cap. In other words, DTX is going to skyrocket much faster than its peers in the altcoin space. To buy it, follow the links below.
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality and accuracy of the materials contained in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.