Altcoin
Bitcoin Will Likely Explode To Six Figures: Which Altcoin Will Give You 10X?
For the first time in more than six weeks, the price of Bitcoin has surpassed $70,000. Popular cryptocurrency analyst and trader Kevin Svenson, in his latest analysis, confirmed that the bull run is still ongoing and that BTC is likely to reach six figures in this cycle. With Bitcoin leading the way, the rest of the cryptocurrency market is set to follow.
However, most of the top altcoins are expected to make higher percentage gains than Bitcoin, as has been observed in other bull markets. Altcoins that can potentially bring high profits to investors are DTX Exchange (DTX), Solana (SOL), Pepe (PEPE), and Polygon (MATIC).
Altcoin to HOLD for 10x gains this bull cycle
Pseudonymous trader Rekt Capital has predicted a major rally for altcoins as Bitcoin prepares for a rally. While DTX, SOL, PEPE, and MATIC are among the best altcoins to buy, let’s find out which of them can produce a 10x return this year.
New markets to fuel the DTX Exchange (DTX) rally to $1
DTX Exchange (DTX) is the new thing in the crypto community, as it opens a window for traders to access other financial markets. DTX will provide access to 120,000 tradable instruments across global markets. The exchange provides trading in stocks, bonds, forex, commodities and even the popular cryptocurrencies.
Considering that the average trade execution time is 0.04 seconds, DTX is ready to compete with the biggest names among cryptocurrency exchanges. It’s not all. DTX users can also easily incorporate quantitative and algorithmic trading features into their trading strategies, so as to earn more profits.
DTX has its sights set on the international trading space and will do so by strictly following the regulatory demands of the international financial market. Therefore, it may be possible for DTX Exchange to have a broader reach than many of its rivals if it applies this strategy. Preparations for its launch have attracted a lot of attention, with DTX raising over $500,000 in just a few weeks since its crypto ICO.
Market experts expect DTX Exchange to make a huge impact upon its launch. Therefore, there are predictions that $DTX, which is now valued at $0.040 in its second presale phase, could reach a high of $2 in this bull cycle. This bullish prediction makes $DTX one of the top altcoins to watch this year.
Solana (SOL) is set to reach a new ATH soon
Solana (SOL) has been on many investors’ watch lists this year following its impressive 11-fold rise in 2023. The pseudonymous analyst Immortal predicted that Solana price could extend its gains and reach a new all-time high (ATH) by the end of the summer.
Based on Immortal’s Solana price prediction, the altcoin could rise more than 3.2 times from its current range of $170 – $180. According to Immortal, SOL could trade between $400 and $600 by the end of this month. ‘summer.
Pepe’s pump (PEPE) continues, dethrones Dogwifhat
In 2024, Pepe (PEPE) was the unanimous winner in the meme coin market. This year, the value of the Pepe coin has increased tenfold to a record high of $0.00001500. In the process, its market capitalization grew to over $5.9 billion, making it the third largest meme coin, surpassing Dogwifhat.
Market gurus expect Pepe to rise even higher this summer. The altcoin was pumped by Ethereum ETF news and growing demand from whales. Given its impressive rally, analysts believe PEPE could trade above $0.0000300 by the end of the summer, a 2x price increase from its current high.
Polygon (MATIC) hits milestone with usage spikes
Although Polygon (MATIC) has failed to keep up with the impressive performance of major altcoins, its usage on the network is increasing. Polygon’s PoS network has processed over 4 billion transactions; the Polygon team announced this recently in a post by X. This makes it one of the most used blockchain networks.
Even more impressive, 1 billion transactions have been made in the last eight months. Based on the growing adoption of the Polygon cryptocurrency and its strong ties to Ethereum, MATIC could increase prices tremendously during the cryptocurrency winter. A 60% price rally can be triggered by MATIC bulls if they keep the price above $0.700 on the weekly chart.
Which Altcoins Should You Buy for 10X Gains?
Aside from Polygon, all of the altcoins on this list are established performers. Furthermore, all four coins have shown the potential to soar as we enter the cryptocurrency winter. Pepe has a chance to double, while Solana could further extend her strong performance with a more than 3x increase by the end of the cryptocurrency summer.
However, investors looking to catch the cryptocurrency winter with a 10x price increase are already jumping on DTX Exchange. Its solid fundamentals and promising impact on the foreign exchange market mean that DTX can become a major exchange. In this case, $DTX could rise above $1, more than 10 times from current prices.
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