The crypto arena is very competitive. Up-and-coming crypto coins hope to take over the positions of already established tokens like Pepe (PEPE) and Cardano (ADA). At the moment, analysts think that one such altcoin has the potential to do just that – DTX Exchange (DTX). This rookie is now in its third presale phase and has soared by 200%.
While PEPE and ADA are showing some volatility, experts say DTX may be the next 40x altcoin in the next few months.
Pepe (PEPE) May See a Fakeout
Pepe (PEPE) is one of the top altcoins, but it has seen some turbulence recently. CoinMarketCap shows that the Pepe price fell nearly 1% on the weekly chart but grew over 35% monthly. Crypto analyst Jackis also made a bullish statement for this altcoin. According to his X post, the Pepe coin may see a fakeout before an HTF continuation higher.
The Pepe crypto technicals are also showing some volatility. For instance, Pepe (PEPE) is now trading above its 10-day EMA of $0.0000096 and its 50-day EMA of $0.0000088. However, its 1-day MVRV Ratio is sitting at -3.12%, which shows that new Pepe holders are holding it at a loss. Due to all these factors, market analysts remain cautiously optimistic. In their Pepe price prediction, they forecast a value of $0.00020 soon.
Prominent Analyst Still Bearish About Cardano (ADA)
Cardano (ADA) is another crypto coin that has seen some red charts. Over the past week alone, the price of Cardano dropped 3%, according to CoinMarketCap. Prominent expert Max Keiser made quite the waves recently as he had a bearish Cardano price prediction. In his X post, he said that this altcoin may lose another 90% of its value compared to Bitcoin in the next six months.
But, many Cardano (ADA) enthusiasts had some words for Keiser. For instance, Whale thanked Keiser for keeping Cardano on everyone’s mind and reminding them that ADA is now available at a discount. Currently, the Cardano crypto is trading between $0.36 and $0.33. Additionally, the momentum indicator sits at -0.056%, which is also in the buy zone. Due to all these factors, experts hint at a $0.40 value before this year ends for Cardano.
DTX Exchange (DTX) Seen as an Altcoin With 40x Potential
DTX Exchange (DTX) could revolutionize online trading as it launches a hybrid trading platform. On it, people can find the best CEX and DEX features in one place. Thanks to this hybrid trading model, DTX Exchange will stand out from its peers like Binance or Coinbase. For instance, while they have a crypto-only focus, DTX Exchange will allow the trade of over 120K asset classes. These may include stocks, crypto currencies, gold, etc.
This will give people many chances to enter trillion-dollar markets like the $17T gold one. DTX Exchange will also boast fast transaction speeds as low as 0.04 seconds and complete privacy through no sign-up KYC checks. Thus, this exchange may become a fan-favorite for millions of traders with these perks.
The major selling point of DTX Exchange is its DTX utility token. Holding it will give you governance voting rights, access to better analytics tools, and more. Currently, DTX is worth $0.06 since it is in phase three of its presale. This is a 200% increase from its starting price of $0.02. However, experts predict this altcoin price will jump by 40x after a Tier-1 CEX lists it before the year ends.
What May the Future Bring for Pepe (PEPE), Cardano (ADA) & DTX Exchange (DTX)?
While Pepe (PEPE) and Cardano (ADA) may regain their momentum soon, DTX Exchange (DTX) could capture their spotlight. It has a smaller market cap than these altcoins, which means faster price growth. If it gets the attention it deserves, experts think it could even soar by 100x in 2025.
Learn more: