Last Chance to Turn $1000 to $30,000 This Cycle? Expert Names 3 Altcoins With Best Upside
The cryptocurrency market is rife with opportunity, and experts see three altcoins HBAR, XRP and up-and-comer DTX Exchange (DTX) as top contenders for turning a $1,000 investment into a potential $30,000 windfall.
With Hedera’s explosive growth, Ripple’s expected legal victory, and DTX’s innovative hybrid trading platform, these altcoins are poised to become the next altcoin leaders.
HBAR Rockets 35.7%: The next big breakthrough is coming
Hedera’s native token, HBAR, rose in price by more than 35.7% last week, reaching $0.3988. The fresh gains bring the coin close to hitting its all-time high set in 2021 at $0.4323. The price increase comes as Coinbase Prime, the institutional arm of the leading cryptocurrency exchange, announced the addition of HBAR custody services to its platform.
This connection creates new opportunities for institutional investors seeking Hedera’s secure storage solutions for their assets. HBAR has seen a significant increase in trading volume, more than tripling to $2.3 billion in the past 24 hours. This increase in activity means that the market is increasingly interested in and involved in the Hedera ecosystem.
The coin’s market capitalization also rose to $14.14 billion, solidifying its position as the 16th largest cryptocurrency by market capitalization.
XRP Price Prediction: Investors Optimistic, Bullish $4
Ripple’s XRP has shown signs of bullish momentum recently. Recent developments, such as Ripple’s recent court victory and the rising possibility of an XRP ETF, have boosted altcoin prices. According to CoinMarketCap, Ripple has performed well over the last week, rising sharply by 42% and currently trading at $3.24.
Traders are confident, raising the possibility of a near-term surge in XRP. Analysts are also seeing a pattern where large investors are buying more XRP in the hope that its value will climb. Industry insiders believe that Ripple will rise soon, with experts predicting that XRP price will reach $4.
In a Jan. 16 post, Santiment also mentioned an increase in XRP trading with prices above $100,000, highlighting the surge in interest in Ripple (XRP).
DTX pre-sale amount reaches US$11.8 million: the new favorite in the market
The analyst added an unexpected name to his list: DTX Exchange (DTX). Despite being a newcomer to the cryptocurrency market, the project has already consolidated its space like it has been around for years.
DTX Exchange is an upcoming trading platform that is bridging the gap between centralized and decentralized finance, solving traders’ daily problems through its hybrid approach.
Its innovative features, such as unparalleled leverage of over 1000x and over 120,000 trading products including stocks, forex and cryptocurrencies, attract traders. Users can profit from the unparalleled possibility of earning huge returns.
Traders can also benefit from the platform’s increased trading efficiency, enabled by distributed liquidity pools that reduce slippage and ensure every trade is executed at the best possible pricing. Additionally, DTX Exchange provides better security by giving users access to digital assets and private keys.
DTX tokens have great investment prospects as holders will receive governance rights, loyalty benefits, and premium features. Due to the strong response to the project, the pre-sale raised more than $11.8 million in less than seven rounds.
As excitement builds, investors are turning to this new project, which offers better returns than most tokens. Now is the ideal time to buy the DTX token at a low price of $0.14 before its official launch and its price will rise to the predicted price of $0.2.
To learn more about the DTX Exchange ecosystem, check out: