The US SEC, under a new administration, launches a new crypto task force to develop a clear regulatory framework for crypto assets. Considering how strict the commission was under the previous administration, this development was met with a price rally. Ripple (XRP) holds strong above $3, with indicators pointing to further upswings.
Meanwhile, analysts suggest Shiba Inu (SHIB), the leading ETH memecoin and DTX Exchange (DTX), a new DeFi coin, might be altcoins to watch out for this quarter. SHIB is primed for a big leap—perhaps new price discovery—and DTX is tipped for a 35x upswing after Tier-1 exchange listings.
DTX Exchange (DTX): Can it Outperform Ripple (XRP) and Shiba Inu (SHIB)?
DTX Exchange (DTX), an up-and-coming cryptocurrency, might be this quarter’s best crypto investment. Its listing on Tier-1 exchanges like Uniswap and KuCoin is scheduled for Q1, poised to be followed by explosive growth. At the current price, it is massively undervalued—one of the best cryptos to buy.
In round 7 of the ICO, a token costs just $0.14, offering a low entry to the “future of trading.” With a 500% upswing in the bag after skyrocketing from $0.02 to $0.14 in the past few months, early investors could see another 35x return on their investment this quarter. This forecast by industry experts has been the cause of much excitement, pushing early funding past $12.2 million.
Further contributing to interest and demand is its unique blend of DeFi and TradFi. Aiming to bridge the gap between the world of crypto and the traditional financial system, it will combine the best elements of CEX and DEX. It will become the first crypto-native platform to offer stocks, ETFs, forex and over 100,000 currency pairs, poised to reshape the $10 billion global trading market.
Ripple (XRP): How High Can It Go?
Ripple (XRP), the third-largest cryptocurrency by market cap, is in an uptrend. It hovers above $3.1, posting a 15% gain on the weekly chart. With the coming days promising further upswings, it is a top crypto to invest in.
Key technical indicators like the 20-VWMA and 9-HMA point to a big leap, placing Ripple (XRP) among the best coins to invest in. But how high can it go? In addition to a breakout above the current all-time high ($3.84), analysts are optimistic about a significant price increase.
Peter B, a leading expert, believes Ripple (XRP) is on course to break out of consolidation. A daily close above the $3.34 level might push it to $4.50 in the coming days, they added. Meanwhile, Sykodelic, another top analyst, expects the altcoin to hit $10 by April. Despite this, betting on new altcoins like DTX might be smarter, considering they have plenty of room to run—low-cap gems.
Shiba Inu (SHIB): Primed for a Big Leap
Shiba Inu (SHIB), one of the leading altcoins and the largest memecoin on the Ethereum blockchain, slowly gains momentum. It hovers above $0.00002, with a big breakout anticipated in the coming days—one of the best cryptos to invest in.
Set to be one of the biggest winners this quarter as the memecoin sector returns to the fore of the bull market, Shiba Inu (SHIB) is a promising wave worth taking advantage of. CW8900, a crypto trader and analyst, believes SHIB’s rally will begin after breaking through the falling wedge pattern—$0.00004 as their short-term price target.
Crypto Jaibrah, buzzing with optimism, expects a rally toward $0.00006 if the $0.00003 resistance is flipped, supported by key indicators like the 9-HMA and 200-SMA. However, as one of the most popular altcoins, its upside potential is limited. In contrast, DTX Exchange (DTX), a new DeFi coin, could rise as high as 35x this quarter.
DTX Exchange (DTX): Outshining Ripple (XRP) and Shiba Inu (SHIB)
The past few months have been impressive for DTX Exchange as it outperformed top crypto coins like Ripple (XRP) and Shiba Inu (SHIB). Given the projected 35x jump in value this quarter, it is among the best altcoins to invest in, not to mention its imminent transformation of the global trading scene.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
