Trump’s Inauguration: Altcoins Set for Growth ETH, DOGE and DTX

By The Crypto Times
about 4 hours ago
ETH GREED DOGE DOGE DTX

With Trump’s inauguration fast approaching, everyone is looking at the crypto market, especially at altcoins. Ethereum (ETH) and Dogecoin (DOGE) are already trending. CaptToblerone predicts the value of ETH could reach $5,200 while Chandler expects DOGE’s price to hit $2.50.

DTX Exchange (DTX), a newcomer in the DeFi market, is rapidly capturing investor interest with its impressive performance and growth potential. Market analysts highlight its strong momentum as a key player to watch this quarter.

Ethereum (ETH) Expected to Reach New Highs

Ethereum (ETH) could be set for a major rally in the coming weeks according to analysts. Michael Van de Poppe believes a rotation is coming that could push the altcoin price higher. Merlijn The Trader forecasts the Ethereum price could surge to $10k. According to the analyst, such a move could rewrite history. 

Another analyst called CaptToblerone notes that 2025 is a good year for the Ethereum token. According to him, the price of the altcoin might surge to $5,200 before the end of this year. Also, CaptToblerone predicts the price of the Ethereum coin could crash to $1,200 later on. 

Presently, the value of ETH has risen by 0.3% in the weekly timeframe. However, it is bearish on the monthly level with a loss of 17.3%. Nevertheless, technical indicators like the Average Directional Index (14) and Hull Moving Average (9) show that bulls are gaining momentum.

Dogecoin (DOGE) Expected To Skyrocket After Trump’s Inauguration 

In a recent tweet, Chandler forecasted the price of Dogecoin (DOGE) could skyrocket in the coming days. According to him, the value of the meme coin soared to a new all-time high eight days after the presidential election. The analyst believes the same scenario could play out this year after Donald Trump’s inauguration on January 20. 

Chandler forecasts the Dogecoin price might rally to $2.5 and then $6 in the next few months. At the moment, the Dogecoin token is trading close to $0.4. Data from CoinMarketCap shows its value has increased by 11.1% on the weekly timeframe and 10.2% on the biweekly chart.

Meanwhile, technical analysis shows the sentiment surrounding the Dogecoin crypto is bullish. The Fear and Greed Index shows Greed which means investors are still interested in the meme coin. Also, the VWMA (10) and Hull Moving Average (9) indicators are in the buying territory, signalling a potential surge in the coming weeks.

DTX Exchange (DTX), The Next One-Stop Shop for Trading

DTX Exchange (DTX) is a hybrid platform that blends the best characteristics of CEX and DEX. DTX Exchange’s model is a combination of both traditional and modern trading environments and the project intends to offer a one-stop-shop for trading for all categories of traders. DTX Exchange offers traders an easy-to-use and efficient platform. 

Besides the hybrid model, DTX Exchange allows users to invest in cryptocurrencies, stocks, ETFs, commodities, and bonds. It also focuses on security by using non-custodial storage solutions decreasing control of users’ private keys and their property. During its presale stage, DTX Exchange has received a lot of attention and has attracted more than $11.9 million with a price of only $0.14. 

The cryptocurrency ICO has attracted investors with more than 300k wallets created so far. As the platform is gearing up for its launch, it has the potential to revolutionize the trading sector on the global level. It could become a benchmark for other trading platforms in the market to follow.  

The Best Altcoins To Invest In: Ethereum, Dogecoin, and DTX

Trump’s inauguration marks not just a political shift, but potentially the beginning of a new era for altcoins. While Ethereum (ETH) and Dogecoin (DOGE) continue to be popular among investors, DTX Exchange is gaining attention as an emerging coin with significant growth potential.

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