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Ethereum forecast downgraded to $3,500 according to Morgan Stanley
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While DTX Exchange gains momentum, Ethereum’s price target reduces to $3,500. Discover why DTX Could be the biggest altcoin in the Ethereum ecosystem.
The Fed interest rate cut has negatively affected the cryptocurrency market, as major altcoins have corrected significantly. Due to the extended downturn, experts from Morgan Stanley have revised the Ethereum price target from $5,000 to $3,500 and advised diversifying into low-cap altcoins leading specific sectors.
Meanwhile, a new ERC-20 coin, DTX Exchange (DTX), has seen a huge capital influx despite the correction. It is the first hybrid trading exchange projected to lead the exchange sector in 2025 with its transformative features.
Can Ethereum form a new ATH?
The Ethereum price gained 46.11% in 2024, reaching a multi-year high of $4,106 in December. However, this high wasn’t sustained for long, as bears took control and lowered it below the base. While the price downgrade is negative news, the question now is whether the Ethereum price can obtain a new all-time high.
The ETH network demonstrated significant growth across multiple metrics in the ecosystem. The total staked ETH increased by 17% while adding 23.02 million new holders, bringing the total to 134.62 million. ETH’s TVL surged to 65.79 billion; on the same date last year, it was only $30 billion. Also, ETH ETFs have been a positive growth metric for the platform.
The Ethereum price has already reflected these developments, pushing it to near the ATH. In the short term, it is tough for the Ethereum price to reach fresh territory, but it will likely surpass the previous highs during the market action in the coming months.
ETH ETFs end the year with positive inflow
On Dec. 31, the last day of 2024, U.S. ETH ETFs saw a positive inflow of $36 million. While the Ethereum price has shown weakness in recent weeks, ETH ETFs have continued the positive inflow streak, taking the total AUM to $12.17 billion.
Only three major ETH ETFs saw movement, while others saw no flows. Notably, Fidelity’s FETH ETF saw a positive inflow of $31.80 million, while Grayscale ETH ETF saw an inflow of $9.80 million. The only ETH ETF that saw an outflow was Grayscale’s Ethereum Trust (ETHE), with $5.60 million outflow.
DTX Exchange entered 7th stage with 600% ROI
DTX Exchange is grabbing the most attention among the cryptocurrency community due to its unique dedication to the innovation of the trading system that goes beyond the traditional way of trade. It is done by combining the features of CEX and DEX into a single format that utilizes a unique platform architecture and advanced blockchain solutions.
Due to DTX Exchange’s hybrid model, investor interest has grown exponentially in the seventh stage of the presale. It has raised $11.20 million, and early investors have already obtained a 600% return on investment.
DTX’s innovative features:
- Launchpad for diverse assets: Availability of 120,000+ asset classes, including cryptocurrency, stock, forex, and CFDs.
- VIP rebate program: Through various programs, community members can create passive income sources. The VIP rebate programs share fee revenue with large token holders.
- Proprietary blockchain: DTX Exchange has built its proprietary VulcanX blockchain for enhanced speed and scalability. This blockchain has shattered previous records with 100,000 TPS.
- Innovative trading tools: DTX’s trading platform provides revolutionary features, such as 1,000x leverage, distributed liquidity pools, AI order execution, and advanced analytical tools, to increase traders’ efficiency.
Conclusion
While Ethereum can still ignite a bullish rally, investors are flocking to undervalued DTX presale. Experts believe DTX Exchange will be the biggest rival for established names like Binance and Uniswap and can surge 50x after the launch.
To learn more about DTX, visit the presale website, visit the DTX website, and join the DTX 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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Shiba Inu and PEPE might have met their match with Dogen’s rising popularity
Published
11 minutes agoon
January 5, 2025By
adminDisclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Dogen, a new meme coin, is rapidly gaining attention, drawing comparisons to market giants and reshaping the meme coin landscape.
In the ever-changing world of cryptocurrencies, a surprising new player is emerging. Dogen, a recently launched meme coin, is making significant waves. Its rapid growth is drawing comparisons to popular tokens that have dominated the market. As its influence expands, many wonder about its potential impact. Could Dogen be poised to redefine the meme coin landscape? The answer might surprise even the most seasoned crypto enthusiasts.
DOGEN: The alpha meme token taking over the crypto world
Move over, Doge, Shib, and Floki — DOGEN has entered the arena, and it’s here to dominate. This Solana-powered powerhouse isn’t for the faint-hearted; it’s for fearless holders ready to ride the biggest wave in crypto. With a 700% surge expected in the coming months, DOGEN is primed to deliver jaw-dropping, thousand-fold gains.
Hardcore gains for hardcore believers
DOGEN isn’t just about hype — it’s about rewards. For its die-hard supporters, the project offers exclusive airdrop perks and a fierce referral program:
- Earn 20% Golden Points from recruits’ token purchases.
- Pocket 7% bonuses on direct referrals (1st level) and unlock even more rewards as a network grows.
Built to lead the altseason
With no dips and no drama, DOGEN is set to smash through all-time highs and cement itself as the ultimate meme token. Its community is more than just investors — it’s an army of winners enjoying exclusive campaigns, high-value perks, and unbeatable deals.
The deserved lifestyle
DOGEN isn’t just a token; it’s a way to flex hard and earn big. Think luxury cars, stacked bank accounts, and the lifestyle everyone always dreamed of — reserved for those bold enough to join the DOGEN army.
Shiba Inu: The Ethereum-based meme coin with growing potential
Shiba Inu (SHIB) is an Ethereum-based cryptocurrency launched in August 2020 by the anonymous developer Ryoshi. Inspired by Dogecoin, SHIB runs on the Ethereum blockchain, making it compatible with Ethereum’s extensive ecosystem. It started with 1 quadrillion tokens, half of which were sent to Ethereum co-founder Vitalik Buterin to build trust.
Buterin donated a significant amount to the India Covid Crypto Relief Fund and burned 40% of the total supply, reducing circulation. SHIB’s integration with Ethereum enables applications like ShibaSwap, a decentralized exchange, and plans for a future NFT platform and decentralized governance system. This integration offers potential for broader utility in the crypto space, making SHIB an interesting option in the current market.
PEPE meme coin: Deflationary tribute to Pepe the Frog on Ethereum
PEPE is a deflationary memecoin launched on the Ethereum network as a tribute to the Pepe the Frog meme. Inspired by the success of Shiba Inu and Dogecoin, PEPE distinguishes itself with no transaction taxes and a commitment to its pure memecoin identity. In mid-2023, it reached a peak market cap of $1.6 billion, sparking enthusiasm among crypto communities.
The coin’s roadmap aims to boost visibility through social media trends and listings on major exchanges. It employs a burning mechanism to enhance scarcity and a redistribution system to reward long-term holders. As an ERC-20 token, PEPE benefits from Ethereum’s Proof-of-Stake security and is available on platforms like Uniswap, Binance, and KuCoin.
Conclusion
Coins like SHIB and PEPE may have less short-term potential, but DOGEN stands out for those seeking luxury and success. Expected to grow 700% by presale’s end, with potential for massive returns this altcoin season, DOGEN follows successful tokens, building a community of leaders and offering real benefits to early adopters.
For more information, visit the official DOGEN website and join the community on X and Telegram.
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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Solana surges past $208 amid bull market; 1Fuel emerges as a rising star in DeFi
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3 hours agoon
January 5, 2025By
adminDisclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Solana starts 2025 strong, while 1FUEL’s presale draws significant interest with its user-friendly DeFi innovations.
2025 is off to a cracking start for Solana (SOL) thanks to a reignited bull market. After powering past $208, January is already starting to heat up for Solana investors. The future is also looking bright for another rising DeFi star. The privacy-focused cryptocurrency 1FUEL is flying through its presale with significant whale interest. Read on to find out why analysts are projecting early returns to exceed 500%.
New year, new record high for Solana
Solana has roared into the new year by confidently blasting past its $200 resistance level to hit $219.06 on 03 January. Solana prices have gained 5.12% in the last 24 hours, leading analysts to ask, is a new all-time high on the cards for 2025?
All of the signs point to a sustained bull run, with trading volumes spiking 20.18% to $3.64 billion between 01 and 02 January 2025. The price hike may not come as too much of a surprise for avid Solana investors, given the strong bull signals quietly moving into place in the last few months.
An additional $1 billion in stablecoin total value was added to the platform in December for example, while the Relative Strength Index is now indicating buying pressure for the first time in a number of weeks. Plus, in 2024 Solana ‘s total value locked (TVL) grew from $1.4 billion to more than $8.6 billion.
With strong momentum and the anticipation of a more favorable legislative environment upon Donald Trump’s return to the White House on January 20, Solana may reach a new all-time high. Experts predict that Solana’s price could surge to $380, with a target of $245 expected to be reached in the near future.
Thanks to its unique one-click, cross chain transactions functionality, rising star 1FUEL is also set to be one of the standouts of the DeFi ecosystem in 2025. With stage two of its viral presale almost complete, whales are flocking to the privacy-focused cryptocurrency with a long-term investment mindset. 1FUEL’s trifecta of advantages – seamless, secure and straightforward – make it a leading challenger to Solana and other platforms.
The Solana challenger that could revolutionise DiFi access for millions of people
With its unique approach to cross-chain transactions, 1FUEL could single handedly rip up the DeFi rule book.
One of the largest barriers to mainstream adoption so far has consistently been the complexity inherent to most crypto platforms. 1FUEL has set out to change this from the ground up, with a one-click feature that completely eradicates any presumption of blockchain knowledge or technical capability on the part of the user.
With nothing more technical than selecting the desired coin or token required, 1FUEL is changing the DeFi game. Its simplicity and ease of use opens the floodgates to much wider user adoption and puts digital asset management within reach for millions of everyday users. When the preferred tool is selected, 1FUEL’s AI-powered technology kicks in to handle the diverse networks, multiple exchange fees and time-consuming swaps. It’s fast, easy, privacy focused and totally secure.
Be a part of the DeFi revolution
While Solana prepares for a bull run to a new record high, 1FUEL is poised to reshape the DeFi landscape with its one-click revolution. Its presale is happening right now – with experts expecting returns to exceed 500% for early investors. Along with 30% APR staking rewards and 100x return on public launch, there’s no time to waste. Join the presale now.
To learn more about 1Fuel, visit website, Telegram and X
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Remittix gains attention in the crypto market
Published
6 hours agoon
January 5, 2025By
adminDisclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
As Solana and XRP face legal challenges, Remittix emerges as a promising alternative for cross-border remittances, offering a fresh perspective for investors seeking stability and innovation.
Just when the altcoin market sees a rainbow after the bearish storm, Solana and XRP have been caught in a bind. The bullish Solana price prediction that followed Elon Musk’s potential adoption went sour with a cofounder lawsuit. Ripple’s fight for regulatory clarity has dampened the positive altcoin sentiment.
But necessity is the mother of invention! A hot new crypto platform, Remittix has emerged as a disruptive contender that sets the standard for regulatory-compliant cross-border remittance. Should investors pivot from Solana and XRP to embrace Remittix’s bold vision? Let’s explore.
Remittix: decentralized Ripple alternative revolutionizing cross-border remittance
Solana and XRP’s recent legal woes have highlighted the need for a disruptor and regulatory complaint innovator who can restore trust and peace in the crypto market. However, the hot new crypto PayFi protocol Remittix did this without breaking a sweat. The borderless remittance network is setting new standards for user-focused crypto-to-fiat global asset transfer.
Within days of its launch, Remittix quickly gained traction and demonstrated its strength as an innovative alternative to Ripple’s legal issues. Imagine SWIFT or WISE, but a more scaled asset transfer protocol with enterprise-grade security and super fast processing speed at just a fraction of Ripple’s fee.
Ripple’s success on and off the chart gives a glimpse of Remittix’s potential. Beyond this, its native token holds immeasurable value, and traders are even flocking to its million-dollar presale. Presale holders can earn passively from staking or exclusive VIP rewards.
Solana price prediction: positive 2025 outlook clouded by cofounder scandal
Analysts’ new Solana price prediction suggests the bullish trend may continue, with 2025 looking very much like a transformative year for the “Ethereum killer.” Lightspeed’s projections suggest SOL could see a new ATH. But the real question is: Can Solana outperform hot new crypto gems like Remittix?
The network’s technological advancement has even fueled speculations of a US spot SOL ETF. However, this optimism has been tempered by cofounder Stephen Akridge’s fraud lawsuit from his ex-wife. The case has loomed over Solana’s reputation, putting millions of SOL tokens at risk of seizure. Right now, SOL has broken the $200 mark, with analysts tipping a $300 Solana price prediction.
XRP dilemma: Ripple finds itself at a legal crossroads against SEC’s appeal
Ripple has also been at a pivotal crossroads as the SEC vs. Ripple legal battle intensifies. Just last quarter, XRP had a regulatory breakthrough with Gensler’s resignation. But the joy was short-lived after the SEC came back with an appeal. Pro-XRP attorney John Deaton has highlighted what he believes is a coordinated effort to suppress the company and its flagship token.
While the move has dampened interest and demand for XRP, recent developments, including the launch of the RLUSD stablecoin, suggest a favorable year for Ripple. Right now, January is an important month to watch out for: the appeal slated for January 15th and Trump’s inauguration on January 20th could make or mar the outcome of this legal tussle.
Conclusion
Altcoin giants are getting fazed by legal troubles and uncertainties. However, it’s never over! A hot new crypto network, Remittix, has emerged as the bold, disruptive force with the potential to redefine cross-border remittances and undo Ripple’s regulatory incompetence. Its price is still at a very low $0.0172. For those seeking stability and growth, Remittix might just be the game-changing investment to consider.
To learn more about Remittix, visit the website and socials.
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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