The crypto market picked up steam, with a parabolic run on the horizon. Shiba Inu (SHIB), the leading ETH memecoin, is approaching a breakout and price discovery. Meanwhile, Ethereum (ETH) is on track for a rally above $5,000 before the year’s end.
Simultaneously, whales bid high on DTX Exchange (DTX), a new altcoin at the crossroads between traditional and decentralized finance. Its combination of CEX and DEX’s best elements will introduce a hybrid exchange platform to the trading industry, which is expected to reshape the landscape.
DTX Exchange (DTX): Whales Invest in the Future of Trading
DTX Exchange (DTX), one of the fast-rising new ICOs, has become a subject of much interest. Whales have taken a liking to this new altcoin, attracted to its blend of centralized and decentralized exchanges’ best elements and huge growth prospects. It also aims to bridge the gap between TradFi and DeFi, driving huge whale demand.
Hailed by experts as this quarter’s best presale, it has been selling out fast. More than $9.3 million has been raised in early funding, outclassing other top ICOs on the investment block. Its 75x growth prospects post-launch from a token price of $0.12 in the sixth ICO round continue to stir much buzz.
Further, its transformation of the $10 billion global trading space with a hybrid exchange platform makes it a new DeFi project to watch. Unlike existing exchanges, it will combine the best elements of CEX and DEX, notably a user-friendly interface, distributed liquidity pools and wallet-based trading. Moreover, as a one-stop platform, users can trade over 120,000 assets across stocks, bonds, forex and cryptos.
Shiba Inu (SHIB) Eyes a Breakout
Shiba Inu (SHIB) is the most popular dog-themed cryptocurrency on the Ethereum blockchain. It is the second-largest memecoin after Dogecoin—one of its many attractions. The Shiba Inu price soared 16% and 75% in the past week and month, respectively, retailing above $0.000029.
It approaches a breakout above the next key resistance, which will clear a path toward its all-time high of $0.000088. Despite the 65% decline from its peak price, analysts maintain a bullish stance. Therealcryptojk, a crypto analyst, expects a jump above $0.00003182.
Meanwhile, AbichaDagreat, another analyst, has $0.0002 to $0.0006 as their Shiba Inu (SHIB) 2025 price prediction. Key technical indicators like the SHIB price trading above the 10-EMA (0.00002752) and 10-SMA (0.00002690) support these bullish forecasts—a top crypto to invest in.
Ethereum (ETH): Indicators Point to Further Price Upswings
Ethereum (ETH), the leading altcoin, finally picked up steam. After weeks of subpar performance, the Ethereum price increased 6% on the weekly chart and 50% in the past month. It retails above $3,600 and is tipped to end the year above its annual high of $4,000.
Technical indicators like the MACD level (12, 26) and 20-VWMA are bullish signals suggesting a potential rally above $5,000 before the year’s end. A crypto analyst going by ColdBloodShill on X (formerly Twitter) expects a move to $4,000 in the coming days.
Meanwhile, XForceGlobal, another analyst, has between $6,000 and $10,000 as their Ethereum (ETH) price target for this bull run. Given Ether’s robust ecosystem and solid infrastructure, it is among the best cryptos to invest in.
DTX Exchange (DTX): Why it Could Outperform Shiba Inu (SHIB) and Ethereum (ETH)
DTX Exchange (DTX) is one of the best new cryptos to invest in because of its novelty and upside potential. It stands at the crossroads between TradFi and DeFi and will combine the best elements of CEX and DEX. Given the 75x rally after its launch, it might outperform Shiba Inu (SHIB) and Ethereum (ETH).
Learn more:
