Altcoins
Bitcoin Likely to Explode to Six Figures – Which Altcoin Will Give You 10X?
For the first time in more than six weeks, the price of Bitcoin has exceeded $70,000. Popular cryptocurrency analyst and trader Kevin Svenson, in his latest analysis, confirmed that the uptrend is still ongoing and BTC is likely to reach six figures this cycle. With Bitcoin leading the way, the rest of the crypto market is expected to follow.
However, most top altcoins are expected to generate larger percentage gains than Bitcoin, as has been observed in other bull markets. Altcoins that can potentially bring high profits to investors are DTX Exchange (DTX), Solana (SOL), Pepe (PEPE), and Polygon (MATIC).
Altcoins will be CONTAINED for 10x gains during this bull cycle
Pseudonymous trader Rekt Capital predicted a major rally for altcoins as Bitcoin prepares for a rally. Although DTX, SOL, PEPE, and MATIC are some of the best altcoins to buy, let’s find out which of them can earn a 10x return this year.
New Markets to Fuel DTX Exchange (DTX) Rally to $1
DTX Exchange (DTX) is the new buzz in the crypto community, as it opens a window for traders to access other financial markets. DTX will provide access to 120,000 tradable instruments across all global markets. The exchange allows trading in stocks, bonds, currencies, commodities as well as popular cryptocurrencies.
Given that the average trade execution time is 0.04 seconds, DTX is ready to compete with the biggest names in crypto exchanges. That’s not all. DTX users can also easily integrate quantitative and algorithmic trading capabilities into their trading strategies, in order to make more profits.
DTX is targeting the international trading space and will do so by strictly following the regulatory requirements of the international financial market. Therefore, it could be possible for DTX Exchange to have a broader reach than many of its competitors if it pursues this strategy. Preparations for its launch have attracted a lot of attention, with DTX raising over $500,000 in just a few weeks through its crypto ICO.
Market experts expect DTX Exchange to make an immense impact upon its launch. As such, it is predicted that $DTX, which is now valued at $0.040 in its second presale stage, could reach a high of $2 during this bull cycle. This bullish prediction makes $DTX one of the best altcoins to watch this year.
Solana (SOL) Set to Hit a New ATH Soon
Solana (SOL) has been on many investors’ watchlists this year following its impressive 11x price rise in 2023. The pseudonymous analyst Undying predicted that Solana price could extend its gains and reach a new all-time high (ATH) by the end of summer.
Based on Immortal’s Solana price prediction, the altcoin could rise more than 3.2 times from its current range of $170 to $180. According to Immortal, SOL could trade between $400 and $600 by the end of summer.
The Pepe Pump (PEPE) continues and dethrones Dogwifhat
In 2024, Pepe (PEPE) was the unanimous winner in the meme coin market. This year, the value of the Pepe coin increased tenfold to an all-time high of $0.00001500. In the process, its market capitalization reached over $5.9 billion and thus became the third largest coin, surpassing Dogwifhat.
Market gurus expect Pepe to be able to go even higher this summer. The altcoin fueled Ethereum ETF news and growing demand from whales. Given its impressive rebound, analysts estimate that PEPE could trade above $0.0000300 by the end of summer, a 2x price increase from its current ATH.
Polygon (MATIC) Hits Milestone as Usage Grows
Although Polygon (MATIC) has failed to keep up with the impressive performance of top altcoins, its network usage has increased. Polygon’s PoS network has processed over 4 billion transactions; the Polygone team announcement this recently in a post X. This makes it one of the most used blockchain networks.
Even more impressive, 1 billion transactions have been completed in the last eight months. Based on the growing adoption of the Polygon crypto and its close ties to Ethereum, MATIC could see a massive price surge during the crypto winter. A 60% price rally can be triggered by MATIC bulls if they sustain the price above $0.700 on the weekly chart.
Which Altcoins Should You Buy for 10X Gains?
Aside from Polygon, all of the altcoins on this list are established artists. Additionally, all four coins have shown their potential to skyrocket as crypto winter approaches. Pepe has a 2x chance to soar, while Solana could further extend its strong performance with a more than 3x increase by the end of crypto summer.
However, investors looking to take advantage of the crypto winter with a 10x price rise are already turning to DTX Exchange. Its strong fundamentals and promising impact on the foreign exchange market mean that DTX could become a leading exchange. In this case, $DTX could rebound to trade above $1, more than 10 times from current prices.
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