Anyone eager to catch significant moves in this current crypto landscape might want to consider Shiba Inu and Cardano. These established projects experience a significant jump in prices in the new year and capture the attention of investors. As this surge grows daily, crypto traders and fans are speculating about the potential for a “God Candle”. That’s a significant price jump in a single session that could take Cardano to the $3 mark.
Meanwhile, DTX Exchange is entering the market and growing faster than experts predict. It collected 11.2 million dollars in pre-sale. So, analysts predict that DTX could climb to $5 in full launch. As traders eye these assets for potential gains, you should find out what they could offer savvy investors this year.
The Shiba Inu bounces back quickly
The recent bearish wave has seen the Shiba Inu trade in consolidation over the past few weeks. However, it appears that the tides may be turning for this second largest altcoin in the meme sector.
Rising SHIB burn rates are reducing token circulation, and the number of SHIB tokens on exchanges has dropped dramatically. These factors could mean that the profit-seeking frenzy is over and investors are ready to hold the stock for the long term.
Technical analysis shows that the price has remained above the 200-day MA and the uptrend line since September 2024. This signals strong support. As the price struggles to break above the $0.000025-$0.000030 price range, the Shiba Inu could retest its December highs ($0.000033) and move higher.
Cardano holders expect God’s candle amid 20% weekly gain.
Another leading cryptocurrency, Cardano, has gained momentum with a 20+% increase in the last 7 days. This has pushed its price above $1.1 at the time of writing. This rally created excitement among ADA owners and investors, with many anticipating a God Candle for ADA.
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Due to historical trends and key network developments, this spike in price in one session could see Cardano reach $3 and above. Cardano is not uncompromising when it comes to utility. It boasts a growing DeFi ecosystem and advanced smart contract capabilities, the main catalysts for its steady upward climb.
However, experts are urging caution as a popular indicator, the Relative Strength Index (RSI), hits 70 in the 4-hour time frame. It is located in the overbought zone. This may lead to a short-term correction, which may be an opportune time for investors to accumulate more. Regardless, Cardano’s price outlook remains promising. Additionally, God’s Candle could make ADA fans and traders happy.
DTX Exchange: A Rising Crypto Star That Could Reach $5 in Q1 2025
Shiba Inu and Cardano look promising in terms of price action. However, DTX Exchange has emerged as a promising new cryptocurrency. It has gained vitality despite being in the public pre-sale phase.
Despite being a few months old, DTX Exchange has raised more than $11.2 million. It surpassed the growth potential of SHIB and ADA. Its innovative features have gotten investors and experts talking, making it a dominant force in steady growth.
This viral project stands out for its hybrid trading model. Combining the best of both worlds—decentralized and centralized exchanges—investors can access more than 120,000 assets. Also, DTX Exchange introduces 1000x leverage for high profit opportunities and a KYC-free trading environment for privacy-focused users.
Given these characteristics, experts are optimistic about the future of DTX. Many are predicting a price target of $5 once it is listed on top-tier exchanges. For context, the current pre-sale price for DTX tokens is $0.14. So hitting $5 could mean a 3500% pump for early owners.
This bullish forecast has started to attract SHIB and ADA investors looking for a faster return on investment. Given the DTX’s pre-sale performance and the hybrid model, it could be the frontrunner for significant gains in the next market surge.
DTX exchange could bring better gains than SHIB and ADA
The rising prices of Shiba Inu and Cardano and the growing buzz around DTX highlight significant investment opportunities within the crypto market. Cardano’s upward growth, supported by strong technical and ecosystem development, positions it as a prime candidate for an expected God Candle that could push it towards $3.
However, DTX offers rapid growth potential, thanks to its innovative features and pre-sale performance, and has attracted hundreds of thousands of investors. As we expect the market to grow this new year, DTX holders could soon enjoy a 3500% gain.
