The first two weeks of the month have been exciting, from the buzz around “Tot” to Satoshi Nakamoto’s big reveal – even though Peter Todd denies being Bitcoin’s creator. Also, the SEC puts itself in the spotlight by filing an order of appeal in the Ripple (XRP) case, which pushes the altcoin into uncertainty.
Meanwhile, high-volume investors flocked to DTX Exchange (DTX), a new ICO, ahead of Binance Coin (BNB), for significant gains. Its upside potential as a low-cap gem and a solid altcoin that combines the best elements of decentralized and centralized exchanges make it a new DeFi project worth betting on.
DTX Exchange (DTX): Whales Bet on New Altcoin for Big Profits
DTX Exchange (DTX) is the latest altcoin on whales’ radars, attracting attention thanks to its novelty and significant growth prospects. This surge in interest pushed it past $4 million in early funding this week, surpassing other top ICOs and cementing its status as this quarter’s best presale.
With the presale in its third round and closer to its debut, it presents a great buying opportunity. Smart investors are already grabbing a bag at $0.06, positioning themselves for what could be big profits and a joyride. Meanwhile, experts are predicting a 50x rally post-launch, which is partly responsible for the increasing whaling interest.
The question is also its novelty – a hybrid trading platform. Unlike conventional exchange protocols, DTX will combine the best elements of DEX and CEX, building a one-stop platform that meets all trading needs. It will also bridge the gap between TradFi and DeFi by allowing the trading of more than 120,000 asset classes, potentially transforming the $10 billion global trading market.
Ripple (XRP): Bitcoin’s jump above $65,000 will trigger a rally
Ripple (XRP) makes up the top 10 cryptocurrencies and also plays a key role in the landscape. As a payment-based protocol, it helps in cross-border transactions, which contributes to rising demand and growth.
After recent developments, however, sentiment was largely cautious and bearish. The SEC’s appeal against a US federal court decision casts a large shadow, pushing it to the negative side. Not surprisingly, Ripple (XRP) is trading down in response to this development.
The XRP price has fallen by more than 2% in the last 7 days. On the monthly charts, it rose from a high of $0.66 to $0.52, indicating market uncertainty and declining confidence. However, indicators point to a turnaround. According to an XRP price forecast, Bitcoin’s breakout above $70,000 will push it above $1.5 before the end of the year, making it a good crypto to buy at the current price.
Binance Coin (BNB): Is $1,000 before the end of the year far-fetched?
Binance Coin (BNB) is one of the leading cryptocurrencies – a top-5 digital asset. It is only behind Ethereum on the altcoin list, underscoring its leading status and market dominance. More importantly, as an exchange-based token at the heart of the entire Binance ecosystem, it is constantly in demand, pushing the price up.
The past few days have been positive for the BNB coin as it maintains key supports. On the weekly charts, the BNB price rose 5% and changed hands above $570. It is expected to break above $600 in the coming days, putting it on the list of altcoins to watch.
Moreover, a BNB price forecast points to a jump above $1,000 before the end of the year. Although Binance Coin (BNB) may not be entirely attractive to retail traders given how much a token costs, it is nevertheless one of the best cryptos to invest in for high-volume investors.
Deduction
Despite recent volatility in the Ripple (XRP) price amid the SEC’s appeal, a breakout above $1.5 is on the cards if Bitcoin jumps above $70,000. Meanwhile, DTX Exchange (DTX) has emerged as a top pick among whales over Binance Coin (BNB). Its 50x upside potential and novelty as a hybrid exchange platform make it a new DeFi project to bet on.
Learn more:
Buy Presale
Visit DTX website
Join the DTX community
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Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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