Shiba Inu (SHIB) and Cardano (ADA) are steadily moving with modest weekly increases and encouraging indications of bullish momentum. The actual question on everyone’s mind, though, is whether these top crypto coins are about to undergo notable breakouts and how they compare to a new unique exchange token.
DTX Exchange (DTX) is a creative endeavor combining the best of centralized and decentralized exchanges. Could DTX become the next big thing to challenge other cryptocurrencies given its gaining tremendous investor interest and gearing up for its forthcoming listing? Read on to find out more.
DTX Exchange (DTX): The Next Big Thing in Crypto
Thanks to its creative strategy that closes the distance between centralized and decentralized finance, DTX Exchange is rapidly rising among the most promising projects of the year. DTX Exchange presents traders with a strong and safe platform with the arrival of smart contracts for automated transactions and an on-chain order book for improved openness.
Its decentralized liquidity pools help to lower slippage by aggregating liquidity from a range of sources, therefore facilitating more effective trading. DTX Exchange has attracted major interest from retail and whale investors already generating over $10 million in presale revenue. With analysts estimating a possible 50x ROIs post-presale, the DTX token is positioned for a significant upside when it is listed on Tier-1 exchanges in the coming weeks.
At just $0.12 in its sixth ICO round, investors still have ample chance to accumulate one of the best altcoins this quarter. Offering a hybrid approach that combines the greatest aspects of CEXs and DEXs, DTX Exchange is getting ready to challenge some of the top crypto coins like Shiba Inu (SHIB) and Cardano (ADA). For both seasoned and inexperienced crypto investors, DTX Exchange stands out as one of the most exciting initiatives this year.
A Breakout on the Horizon for Shiba Inu (SHIB)
Despite some bearish pressure, the Shiba Inu price has recorded notable bullish momentum with a consistent 4% increase over the past week. The Shiba Inu price has stayed range-bound between $0.000033 and $0.000027 over the past week, suggesting a possible breakout at hand.
Captivating both retail and institutional investors, Shiba Inu (SHIB) has become one of the best altcoins to buy following an almost 50% increase in the previous month. Moreover, technical indicators reveal that Shiba Inu (SHIB) is preparing for a significant rally as the altcoin forms an ascending triangle pattern on the Shiba Inu price chart.
With its positive momentum indicating no slowing down, Shiba Inu (SHIB) has already seen an amazing rise of 190% over the past year. Recent technical signals on the Shiba Inu price chart—including MACD readings and positive Moving Averages—help to underline Shiba Inu’s (SHIB) stance for further rallies.
Cardano (ADA) Poised for a Breakout Amid Strong Bullish Sentiment
With the Cardano price consolidating between $1.07 and $1.33, the altcoin has experienced a moderate increase of more than 4% during the past week. Analysts are hopeful about a possible breakout despite this range-bound trend since the Cardano price keeps showing indications of great positive momentum.
The Cardano price chart shows that the altcoin has grown by an amazing 155% over the previous month. Cardano (ADA) is one of the top crypto coins to have in one’s portfolio as a result of its recent bullish price action. Strong technical signs and a generally bullish sentiment among the Cardano (ADA) community suggest that the stage is ready for a possible breakout.
Though Cardano (ADA) is still more than 60% away from its ATH of $3.10 hit in 2021, analysts are hoping that this cycle could produce a fresh ATH for the altcoin. Supported by buy signals from important technical indicators such as the MACD and Moving Averages, the Cardano price chart shows a good bullish structure with rising momentum.
DTX Exchange Could Outshine Shiba Inu and Cardano
Though Shiba Inu (SHIB) shows consistent increases and Cardano (ADA) edges near a breakout, the focus is now more on DTX Exchange (DTX), a project ready to redefine trading with its hybrid CEX-DEX architecture. DTX Exchange is not only a unique trading platform, but also a top analyst pick for big gains as it offers creative features like decentralized liquidity pools and smart contract automation.
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