The crypto space is preparing for its next bull run as the Fed cuts rates by half a percentage point. Against this backdrop, whales are stacking up on some crypto coins with a lot of growth potential. Most of them are gravitating to Ethereum (ETH), DTX Exchange (DTX) and Ripple (XRP).
All these crypto currencies have seen exciting developments, as analyst Yoddha made a bullish Ethereum (ETH) price prediction while DTX Exchange (DTX) launched its L1 blockchain. Additionally, Ripple (XRP) has seen a jump in whale activity.
Ethereum (ETH): A Pump Incoming
Ethereum (ETH) is one of the top 5 cryptocurrencies that has been soaring recently. CoinMarketCap shows that the Ethereum price jumped nearly 10% on the 1-week chart. Crypto analyst Yoddha thinks that this bullish trend will continue. According to his X post, now is the perfect time to buy the Ethereum coin before it sees a pump to $7,000.
This prediction could come true with the recent news that the Ethereum (ETH) devs will split up the upcoming Pectra upgrade into two batches. Thanks to this event, the first batch will have all the key features, while the second batch will have the time necessary to be great. Due to all these factors, other market analysts have also made a bullish Ethereum price prediction – reaching $2,928 before October ends.
DTX Exchange (DTX): The New Crypto Currency Making Waves
DTX Exchange (DTX) has also made a name for itself thanks to its presale. Notably, those who bought this crypto currency early on are enjoying a 200% return. Furthermore, DTX Exchange has raised over $2.6M and may reach $3M before the end of September. This performance has not gone unnoticed, as prominent influencer Crypto China projects a 200x surge for this coin.
Hype is rising as DTX Exchange recently launched its L1 blockchain, which will be the foundation of its upcoming game-changing trading platform. On it, a hybrid trading model will give traders the best of CEX and DEX. Thus, they can buy over 120K asset classes like stocks, crypto currencies, and bonds at a 1000x leverage. Plus, DTX Exchange stands out as it will have no sign-up KYC checks, giving privacy to all.
The DTX utility token will be a big part of its ecosystem. It is now in Stage 3 of its presale with a value of $0.06, a 200% rise from its starting price of $0.02. However, DTX’s value will rise to $0.08 after Stage 4 begins. Experts foresee another 60x pump after a Tier-1 CEX lists this crypto this year. Therefore, whales are looking at DTX as the best cryptocurrency to invest in.
Ripple (XRP): Whales Continue Accumulating It
Ripple (XRP) is another crypto coin with some noteworthy developments. Notably, Edo Farina announced that whales have bought over 380M XRP in the past ten days, valued at around $228M. This is bullish news for the Ripple crypto, showing that the top 1% of wallets are accumulating it.
This Ripple news may also cause an uptrend for this coin. Speaking of which, the XRP value has jumped nearly 5% on the weekly chart. Not only that, Ripple (XRP) is hovering above its 50-day EMAs while having an RSI of 56. As a result, experts forecast a rise to $0.65 before the end of October for Ripple (XRP).
Ethereum (ETH) vs. DTX Exchange (DTX) vs. Ripple (XRP) – Which Crypto Coin Has an Advantage?
In the upcoming bull run, Ethereum (ETH), DTX Exchange (DTX), and Ripple (XRP) are all crypto coins that could skyrocket. But DTX Exchange may outshine them both. This is because DTX needs less new money for its price to rise, as it has a smaller market cap than other crypto currencies. Additionally, DTX Exchange taps into the $133T bonds market, which gives it a lot more stability and long-term growth potential.
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