We are now in October, and the crypto space is on fire, as people call it ‘Uptober.’ This is a month known for growth in the market. Market analysts point to three altcoins that could be perfect this month: Solana (SOL), DTX Exchange (DTX), and Shiba Inu (SHIB).
While SOL and SHIB are seeing good price growth, DTX is making headlines with its presale run. It is now in phase four but has already given early buyers a 300%. Some analysts even think this rookie altcoin has the potential for 30x growth before this quarter ends.
Well-known Analyst Remains Optimistic for Solana (SOL)
Solana (SOL) is among the top altcoins right now. CoinMarketCap shows that the Solana price has jumped nearly 20% on the monthly chart. Currently, this altcoin is trading between $131 and $154. Moreover, the Solana coin is now sitting above its 10-day EMA of $149 and its 50-day EMA of $145. This signals an upward trajectory for this crypto.
In other news, crypto analyst Roma made a bold statement about this altcoin. According to his X post, Solana (SOL) has the potential to surge to $160. The Solana crypto may soon hit this level since it already sits comfortably above $152. Other market analysts are also optimistic. In their Solana price prediction, they foresee a potential surge to $168 before the end of 2024.
DTX Exchange (DTX) Seen As the Next Big Thing in the Crypto Market
DTX Exchange (DTX) is making a lot of noise in the crypto space as an innovative platform that could redefine online trading. It will combine the best features of both CEX and DEX, creating a hybrid trading platform. Currently, in phase four of its presale, DTX Exchange looks poised to see major gains thanks to its high demand.
Privacy and accessibility are at the forefront of DTX Exchange. On this platform, people will not go through any sign-up KYC checks. This will give millions of traders privacy – something they all desire. Plus, they will no longer need to make multiple accounts on different platforms to access certain assets. DTX Exchange will allow the trade of 120K asset classes like FX, bonds, and cryptocurrencies at up to 1000x leverage. This increases profit potential and minimizes risk.
Furthermore, the DTX utility token is a big part of its ecosystem. It will give holders access to better analytics tools, governance voting rights, lower fees, and more. Currently, one DTX costs just $0.08 – a 300% surge from its starting price of $0.02. However, some analysts think this altcoin price is predicted to go up by 30x once a Tier-1 CEX lists DTX soon.
Shiba Inu (SHIB) Partners With Mass, Price Skyrockets
Shiba Inu (SHIB) is another one of the altcoins to watch. Over the past month, the price of Shiba Inu grew around 40% as per CoinMarketCap. According to Lucie, the price is irrelevant thanks to the growing Shiba Inu ecosystem. In her X post, she said that the Shiba Inu crypto can pull of a 1000% surge in just a few days.
In other news, Lucie revealed a new Shiba Inu (SHIB) partnership with Mass. This partnership puts Mass as the financial layer of the Shib State. It will lower barriers for new businesses to enter the Shiba Inu ecosystem without problems. Because of all these factors, market analysts forecast a potential surge to $0.000020 before October ends in their Shiba Inu price prediction.
What May the Future Hold for the Best Altcoins Solana (SOL), DTX Exchange (DTX) and Shiba Inu (SHIB)?
While Solana (SOL) and Shiba Inu (SHIB) are seeing good gains right now, experts think their long-term growth potential may not match DTX Exchange (DTX). This crypto currency strategically positions itself to benefit from trillion-dollar markets like the $133T bonds one. As DTX tokens are selling quickly, experts hint at potential 50x gains before 2024 ends.
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