DTX Exchange (DTX): A New DeFi Coin Worth Betting On

The cryptocurrency market has entered a bull cycle, but not all tokens will reach new peaks. As Q1 unfolds, it remains to be seen whether Shiba Inu (SHIB) or Cardano (ADA) will hit new ATHs.

Meanwhile, DTX Exchange (DTX) is poised to hit the ground running as a new altcoin after its debut. Primed for an explosive debut and price discovery after its scheduled listing on Tier-1 exchanges this quarter, DTX has become an investor favorite.

Here’s why DTX Exchange (DTX) is a new DeFi coin worth betting on.

DTX Exchange (DTX): A New DeFi Coin Worth Betting On

DTX Exchange (DTX), an up-and-coming cryptocurrency gearing up for its debut, is one of the new DeFi projects to watch out for. Its novelty as a new player at the crossroads between traditional and decentralized finance is one of its biggest attractions.

As its launch date approaches, scheduled for this quarter, both whales and retailers have been doubling down. Already up over 500% from the initial price of $0.022, another 40% ROI is anticipated at the listing price of $0.20.

At the same time, its future transformation of the $10 billion global trading market makes it a better bet than Shiba Inu (SHIB) or Cardano (ADA). It will serve as a bridge between TradFi and DeFi through its unified hybrid blockchain, VulcanX.

Shiba Inu (SHIB): New ATH in Q1?

Shiba Inu (SHIB), a dog-themed cryptocurrency and the leading ETH memecoin, regains momentum. It swung high like the rest of the market, posting a 10% weekly gain.

Meanwhile, technical indicators like the MACD Level (12, 26) and 20-VWMA suggest a big leap is on the horizon.

But is a new SHIB all-time high on the card for Q1? Despite its bullish outlook and several bullish forecasts, it might not enter price discovery in Q1.

Nonetheless, top analysts believe it will have a good run this year. Ssistar59, a top analyst on X, expects the Shiba Inu price to go to $0.0003 before the year’s end.

Gomtu.xyz, also bullish on Shiba Inu (SHIB), sees the dog-themed coin hitting $0.001 by the year’s end. While these forecasts are mostly ambitious, although highlighting its promising outlook, the projected 80x increase in the value of DTX is more feasible as a new DeFi coin.

Cardano (ADA) at $1

The Layer-1 crypto Cardano (ADA) has been one of the biggest movers so far in Q1. It regained the $1 support after skyrocketing over 25% in the past week.

Its next jump might see it breach the $1.5 resistance—a top crypto to buy—supported by key indicators like the 20-VWMA and Awesome Oscillator.

deezy_BTC, a top analyst, expects Cardano (ADA) to keep pumping to $1.87, citing January’s historic pumps and bull flag technical analysis.

OracleAltcoin, another crypto expert, predicts a run to $6 by year-end.

However, Cardano (ADA) is 60% below its all-time high at the current market price, with a slim chance of price discovery in the coming weeks.

Nevertheless, a new peak is on the cards this year, but DTX Exchange’s anticipated 80x rally appeals more to investors as a new DeFi coin.