It has been an exciting week—an overall market rally. Bitcoin (BTC) crossed $65,000, a level last seen in early August. Amidst this, the 3 altcoins that investors are stockpiling are Solana (SOL), Ripple (XRP) and DTX Exchange (DTX).
These are some altcoins to watch out for in this bull cycle. SOL and XRP are tipped to create new peaks, while DTX, an emerging cryptocurrency, is on track to skyrocket after listing on Tier-1 exchanges.
DTX Exchange (DTX): Investors Bet on the New Hybrid Trading Platform
DTX Exchange (DTX) begins this list, with higher upside potential than top altcoins like Solana (SOL) and Ripple (XRP). Further, given its intriguing blend of TradFi and DeFi, experts believe it is the best crypto to invest in.
The global trading scene, valued at $10.3 billion in 2023, is on the verge of being reshaped. By combining key elements of CEX and DEX, DTX promises an intuitive user experience, privacy and security. In addition to its hybrid model, other key aspects of the protocols include smart contracts and an on-chain order book.
As it prepares for adoption, the ongoing presale presents the best opportunity to become early adopters. Over $3 million has been raised by the third round of the ICO, with a token currently priced at $0.06. Meanwhile, an 8,500% upswing is projected after listing on Tier-1 exchanges, contributing to rising demand as BTC hits $65,000.
Solana (SOL): Bulls Target $500
Solana (SOL) is one of the top cryptocurrencies, ranking behind Ethereum and BNB on the altcoin list. The DeFi platform is one of the most frequented, allowing the creation of cutting-edge decentralized applications (dApps).
The Solana blockchain experiencing significant adoption translates to rising demand for the SOL token. The ongoing market upswing also contributes to its uptick. A 9% gain has been recorded in the past 7 days, with sights set on closing the week above $160.
With its Q4 outlook promising, investors have been stacking up. According to experts, it is on track to hit $500 before the year’s end, making it one of the best cryptos to buy now.
Ripple (XRP): Tipped for a New Peak
Ripple (XRP), a top-10 cryptocurrency, rounds off this list. It plays a key role as a payment protocol, facilitating cross-border payments. Rising institutional adoption further contributes to its appeal.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Like the overall crypto market, the XRP price is on the upside. A strong support has been found at $0.55, tipped for a jump above $1 in the coming days.
Regarding its growth prospects, an XRP price prediction hints at a new peak before the year’s end. Considering it is 85% down from its all-time high of $3.84, its low entry and upside potential make it one of the best coins to invest in.
Conclusion
The three altcoins being accumulated by investors as Bitcoin flew past $65,000 are Solana (SOL), Ripple (XRP) and DTX Exchange (DTX). These tokens are on course to register new peaks, alongside DTX, hailed by experts as this year’s best presale.
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