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ETH pushes beyond key levels as traders accumulate DTX for coming rally

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Ethereum (ETH) breaks through key resistance levels as traders rally behind DTX Exchange (DTX).

The surge in spot Ethereum ETFs has diverted attention to Ethereum as one-day net inflows cross $100 million. Meanwhile, the emerging hybrid platform DTX Exchange (DTX) has made headlines with its presale crossing $9.5 million at $0.12 per token. 

With only weeks left before DTX enters the next presale round, investors are moving in to claim the potential 25x opportunities.

ETH breaks $3,900 resistance, bulls target $4,631

Crossing above the $3,900 market price, Ethereum inches closer to its 52-week high at $4,093. The current price of Ethereum is at a 4% discount from its annual highest price. 

The Ethereum rally marks the third positive week, accounting for a price jump of 28%. This increases the possibility of a triple white soldier pattern in the weekly chart. 

The market cap of Ethereum has reached $472 billion and the crypto currently records a trading volume (24H) of $65.92B. As the numbers turn green, analysts anticipate ETH to create a new 52-week high.

Justin Sun offloads $146 million worth of ETH in 30 days

Amid the rally, multiple whales have started to book profit. The trending name is Justin Sun, the founder of the Tron blockchain. Justin Sun’s offloading spree has been news in the crypto market since early November, accounting for 41,630 ETH worth $146 million.

In total, he deposited 39,000 Ether worth $137 million over HTX, and the remaining tokens worth $8.76 million through Poloniex. The average price of the selling spree was $3,505.

Despite the sell-off, the Ethereum rally is still gaining momentum, with the crypto eyeing a breakout run as ETFs show increased institutional demand. 

DTX Exchange leads altcoins with VulcanX blockchain

The DTX Exchange protocol lies at the core of the platform’s architecture, serving as the foundation for its operations. It is a comprehensive set of rules and guidelines that govern how the exchange functions, ensuring transparency, security, and efficiency for all participants. 

The DTX Exchange protocol will incorporate a hybrid model that combines elements of both centralized and decentralized exchanges. This will allow for a seamless and intuitive user experience while maintaining the security and privacy benefits of decentralization.

With its cutting-edge L1 blockchain technology, DTX Exchange (DTX) has raised over $9.5 million in its presale to date.

Powered by blockchain technology, smart contracts will play a crucial role in executing and enforcing the rules of the DTX Exchange protocol. They will facilitate secure and automated transactions, ensuring that the users execute trades as intended.

The DTX protocol will also employ an on-chain order book that transparently records all buy and sell orders. This will ensure that the trading process is open and verifiable by all participants.

Adding to its trading flexibility, the DTX Exchange will utilize distributed liquidity pools to enhance liquidity and reduce slippage. These pools will aggregate liquidity from multiple sources, creating a more efficient trading environment. 

To learn more about DTX, visit their website or Telegram community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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Experts say these 3 altcoins will rally 3,000% soon, and XRP isn’t one of them

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Experts spotlight Rollblock, Near Protocol, and Render as top altcoins poised for 3,000% growth, leaving XRP out of the rally projections

Industry experts are buzzing about three altcoins set for substantial growth and are forecasting a 3,000% rally. Near Protocol is gaining popularity for its scalability and developer-friendly design, and Render is redefining decentralized digital rendering with its platform. 

Meanwhile, Rollblock, a rising star in crypto gambling, is capturing interest with its unique DeFi integration. XRP, however, is notably absent from these projections, making way for these exciting contenders.

Rollblock: Transforming online gambling with web3 technology

Rollblock (RBLK) is redefining the traditional casino model for the modern era through its web3-powered platform. With the online gambling market valued at $450 billion and projected to grow by 8% annually over the next decade Rollblock is perfectly positioned to disrupt this thriving sector.  

Unlike traditional casinos known for dishonest practices, Rollblock ensures complete transparency. Each transaction is saved on the Ethereum blockchain, enabling players to place bets securely and fairly. The platform offers over 7,000 immersive games, including poker, roulette, slots, and new titles, including Candyland and Cash Compass. Rollblock also launched a sports betting option last month, and this upgrade has received overwhelmingly positive feedback.

Trust is at the heart of Rollblock’s mission, reflected in its gaming license from the respected Anjouan Gaming Authority. The casino also offers a revenue-sharing model that rewards holders. Weekly, a percent of the casino’s revenue will be used to buy back tokens, burning 60% and distributing the remaining to holders. 

The platform’s unique approach has attracted over 32,000 presale registrants, with RBLK tokens now priced at $0.043 in stage 9 of its ICO. Analysts believe this GambleFi gem has the potential for a meteoric rise, predicting a run to $10 by 2025 as Rollblock cements its place among the leaders in crypto gaming.

Near Protocol’s BlockDAG innovation sparks optimism

Near Protocol has dropped by 10% to $5.02 during the last twenty-four hours as it enters a bearish market pattern. Despite that, its 24-hour trading volume jumped 81%, suggesting that investors are buying the dip. In comparison, XRP also slid by 6% during the same period. 

Over the last month, Near Protocol lost 11% of its value, decreasing from $5.60 to $5.02. Nonetheless, the protocol is continuing to improve its blockchain scalability features. Near Protocol’s adoption of BlockDAG technology is set to improve efficiency, delivering faster transaction speeds and enhanced security. This innovation positions Near Protocol as a candidate for blockchain leadership.

Render holds strong amid market volatility

Render’s value has dropped by nearly 8% over the last 24 hours and is now trading at $6.94. Despite the dip, trading volume surged by 52%, indicating steady investor confidence in Render amid market volatility. Recently, Render achieved a $5 billion market cap and solidified its position as one of the leading AI coins. 

Currently ranking third in social dominance among the top five AI cryptocurrencies, Render trails FET and VIRTUAL, both of which have gained traction in recent weeks. However, Render’s robust market presence keeps it a significant player in the AI and blockchain industries.  

While XRP faces challenges in the broader market downturn, Render’s continued advancements set it apart. Analysts suggest RNDR could hit $15 by Q1 2025, aligning with growing confidence in AI-focused cryptocurrencies, much like XRP’s steady appeal among institutional investors.

Rollblock outshines XRP, Render, Near Protocol with 3000% growth potential

While XRP, Render, and Near Protocol face notable declines, Rollblock is gaining momentum as the most promising contender for long-term growth. Unlike its struggling counterparts, RBLK shows impressive resilience and upward potential, making it a standout in the crypto market. 

For more information, visit the Rollblock presale website and join the online community.

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Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind

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A $0.0013 cryptocurrency is gaining investor buzz, poised to surpass Cardano and Shiba Inu with its market potential.

A new cryptocurrency valued at only $0.0013 is drawing remarkable attention from investors. This low-cost token is generating buzz for its potential to surpass well-known players like Cardano and Shiba Inu. The excitement surrounding its rapid rise is fueling speculation about its future impact on the market.

DOGEN soars through stage 9 presale, positioned for explosive growth on Solana

DOGEN continues to make waves, advancing to Stage 9 of its presale with tokens now priced at $0.0013. For investors seeking high-growth opportunities, DOGEN’s projected 500% pre-launch surge highlights its strong potential for substantial returns.

Why DOGEN stands out

DOGEN has built a vibrant community of forward-thinking investors, offering exclusive perks to reward early supporters and drive long-term value:

  • Airdrop Rewards: Token bonuses tailored for early adopters.
  • Referral Incentives: Rewards for expanding DOGEN’s network.
  • Multi-Level Referral Structure: Earn up to 20% from network purchases.
  • Staking Income: Generate passive returns through staking.
  • Exclusive Campaigns: Access special events and initiatives for community members.
Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind - 1

A vision beyond meme coins

DOGEN’s roadmap signals a shift from meme status to a functional asset, with the upcoming DogeTap app exemplifying this movement. Prioritizing transparency and regular audits, DOGEN differentiates itself in the volatile crypto market, establishing itself as a credible and resilient option within the Solana ecosystem.

With its strong growth trajectory, innovative features, and mounting investor interest, DOGEN is poised to capitalize on the momentum of both the meme coin market and Solana’s robust framework. Early investors have a unique opportunity to ride this promising wave.

Cardano: A scalable and sustainable blockchain platform

Cardano is a blockchain platform built for smart contracts, enabling decentralized finance apps, crypto tokens, and games. Its native cryptocurrency, ADA, lets users store value, make payments, and stake on the network. Cardano stands out for its energy-efficient proof-of-stake mechanism, Ouroboros, which is more sustainable than traditional proof-of-work models. 

The blockchain is divided into two layers: the Settlement Layer for transactions and the Computing Layer for smart contracts. This design enhances its transaction processing capability, potentially up to a million transactions per second. With its focus on scalability and sustainability, ADA shows strong potential. In the current market cycle, the coin appears attractive due to its innovative technology.

Shiba Inu: The Ethereum-based meme coin driving innovation

Launched in August 2020 by the pseudonymous developer Ryoshi, Shiba Inu (SHIB) has quickly grown into a standout meme coin on the Ethereum blockchain. Inspired by Dogecoin, SHIB leverages Ethereum’s ecosystem for enhanced functionality and scalability. With an initial supply of 1 quadrillion tokens, half were famously sent to Ethereum co-founder Vitalik Buterin, who donated a large portion to the India Covid Crypto Relief Fund and burned 40% of the supply, significantly reducing its circulation.

Unlike its predecessor Dogecoin, SHIB is building a robust utility-focused ecosystem. Key developments include ShibaSwap, a decentralized exchange, and plans for an NFT platform and governance framework, highlighting its ambition to go beyond meme status. SHIB’s Ethereum integration positions it as a versatile asset with potential applications in decentralized finance (DeFi) and other blockchain-based innovations.

Conclusion

With the bull run of 2024 underway, DOGEN stands out as a token designed for those seeking luxury and success. While ADA and SHIB show less short-term potential, DOGEN aims for significant growth, following in the footsteps of successful tokens like BONK and Popcat. It builds a community of market leaders and offers real benefits, including exclusive perks for early adopters.

For more information, visit the official DOGEN website and join the community on X and Telegram.

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XRP’s $5, $10 goals are trending, but this altcoin with 7,400% potential takes the spotlight

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XRP targets big gains, but a new altcoin with 7,400% potential is poised to outshine, capturing market attention.

XRP has been making headlines with ambitious price targets, capturing the interest of crypto enthusiasts. Yet, an emerging altcoin boasting an astounding potential return of 7,400% is poised to steal the limelight. Could this under-the-radar cryptocurrency become the next major player, overshadowing XRP’s goals and seizing the market’s attention?

Move over XRP: XYZ targets 7,400% gains to steal the spotlight

In a crypto market rife with contenders, XYZ stands apart. Its presale has already demonstrated its potential, with the token’s price leaping from $0.0001 at launch to $0.001 in just a few months — a staggering 1,000% surge. Now priced at $0.001333 in its current presale stage, XYZ is set to rise again to $0.002 in the next stage, climbing toward a projected $0.1 at launch.

This trajectory marks a remarkable 7,400% potential increase, making XYZ a serious contender for the top spot in this altcoin season.

Why XYZ could overshadow XRP

More than just another token, XYZ embodies the spirit of sportsmanship and competition. As part of the XYZVerse ecosystem, it combines meme coin hype with the booming demand for sports-themed dApps, prediction markets, and sports betting. Its robust roadmap and high utility position it as a long-term player, not a flash-in-the-pan trend.

While XRP garners attention with price speculation, XYZ delivers tangible progress:

  • Presale Momentum: With rapid stage progress, XYZ has already shown its ability to attract a loyal following.
  • First-Mover Advantage: As the first all-sports meme coin, it taps into a massive, underserved market.
  • Rock-Solid Foundations: Audited smart contracts, a vetted team, and plans for major CEX/DEX listings ensure a secure and credible investment.

XRP’s $5 and $10 targets may turn heads, but XYZ offers something truly extraordinary — a chance to secure exponential returns while riding the wave of an altcoin movement. With its presale stages flying by and the final target of $0.1 in sight, XYZ is a rare opportunity for those who act fast.

Don’t wait for XRP’s next move; seize the chance to invest in a token with real growth potential and a unique edge. XYZ is more than a meme coin; it’s a movement set to reshape the altcoin landscape.

XRP

Over the past six months, XRP has shown significant growth, with its price increasing by over 360%. In the last month, the price surged by approximately 105%, indicating strong upward momentum. However, the past week saw a slight dip of about 3%.

Currently trading between $2.03 and $2.73, XRP is approaching its resistance level at $3.02. A break above this could propel it toward the next resistance at $3.73, representing a significant gain. On the downside, support levels at $1.61 and $0.9041 provide a safety net against declines.

Technical indicators present mixed signals. The 10-day Simple Moving Average is $2.28, just below the 100-day SMA of $2.44, suggesting short-term bearishness. The Relative Strength Index is around 43, indicating the asset is neither overbought nor oversold. The MACD level is slightly negative at -0.0252, hinting at potential consolidation. Overall, XRP’s robust performance suggests potential for further growth, especially if it can surpass key resistance levels.

Conclusion

While XRP’s ambitious goals are impressive, XYZVerse’s 20,000% growth potential and unique sports-meme blend might steal the spotlight in the 2024 bull run.

For more information, visit the XYZVerse website and follow the project on X and Telegram for the latest updates.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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