There’s a lot of talk in the crypto arena as a prominent trader who predicted the rise of Solana (SOL) and Ethereum (ETH) is now eyeing a new project. This project is DTX Exchange (DTX), a phase 3 presale phenomenon that has already grown by 200%. Some analysts even suggest that DTX has the potential to grow 80x by 2024.
Meanwhile, Crypto Rover had some good things to say about Solana’s (SOL) price trajectory and Godfather had an alarming price prediction for Ethereum (ETH). Let’s explore all these signs.
DTX Exchange (DTX): Revolutionizing Online Trading
DTX Exchange (DTX) is now one of the hottest presales of the year, and many eyes are on it. The trader who predicted that this could be the next big thing was considering its astonishing presale performance. To clarify, DTX Exchange reached phase 3 in a few months and raised over $2.5 million. Moreover, predictions suggest that this figure could reach $3 million by next week.
Even big YouTubers like Crypto League say that DTX Exchange is the future of online trading. This is because it will introduce a hybrid trading platform that combines the best of CEX and DEX. So people can buy over 120,000 asset classes such as currencies, cryptocurrencies, and stocks with a leverage of 1000x. No login KYC check also means complete privacy for anyone who wants to make millions.
The DTX utility token will be a big part of this project. It is now in pre-sale phase 3 and costs $0.06, a 200% increase from its original price. However, this value will increase to $0.08 after the start of phase 4. Experts predict another 80x increase when a tier 1 CEX will list DTX soon.
Solana (SOL): Can expect another boost
Market analyst Crypto Rover made some interesting statements about Solana (SOL). According to his X-post, Solana (SOL) is ready for a new pushup. In the same post, Crypto Owl said that this coin could reach $500 by 2024.
The overall Solana price movement increased by more than 2% on the 1-week chart. Moreover, Solana crypto is now trading above the 10-day EMA and has a momentum value of 2.62, which is in the buy zone.
As a result, other market analysts have also made a bullish prediction for Solana price, which would reach $140 by the end of October 2024.
Ethereum (ETH): Analyst Gives Bearish Opinion
Meanwhile, Ethereum (ETH) is falling on the price charts. CoinCodex shows that the price of Ethereum (ETH) has dropped by around 10% on the one-month chart. Crypto analyst Godfather says that this trend can continue. According to his X-post, Ethereum (ETH) will drop to $2,000.
This decline can be attributed to the poor performance of ETH ETFs. Farside data shows that there was a cumulative outflow of $500 million. Due to all these factors, experts have made a conservative prediction of the Ethereum price. They predict that Ethereum (ETH) will trade at $2,500 in October.
Can DTX Exchange (DTX) mirror the growth of Solana (SOL) and Ethereum (ETH)?
Solana (SOL) and Ethereum (ETH) started as under-the-radar projects with great growth potential. DTX exchange (DTX) can follow the same path. It is tied to the $1.4 trillion currency market and has a smaller market cap than other cryptocurrencies. Therefore, DTX can be more stable in the long run, while requiring less new money to skyrocket.
