While market dips come with a shift in sentiment, they also provide the best entry points. Following the latest bloodbath, Solana (SOL) and Cardano (ADA) entered attractive buy zones, heavily discounted. As they climb back up, these are some of the best altcoins to invest in.
Meanwhile, DTX Exchange (DTX), the latest ICO sensation, eyes significant gain after its debut. Its unique narrative as a hybrid trading platform that combines the best elements of centralized and decentralized exchanges sets it up for adoption and growth.
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DTX Exchange (DTX): Primed to Explode
DTX Exchange (DTX) is the latest on investors’ radars, offering a hedge against market shocks and boasting substantial upside potential. Sparing no time in becoming a favorite, more than $2.2 million has been raised in the third round of the ICO, giving a hint of how big it might get after its launch.
At the current presale price of $0.06, industry experts believe it is grossly undervalued—the best time to become an early adopter. Bursting with optimism and confidence, a 200x upswing was projected post-launch, tipped to be one of the year’s biggest breakout stars.
On the cusp of skyrocketing, its impending transformation of the $10 billion global trading scene will be crucial to its growth. Its novel hybrid trading platform put it at the crossroads between TradFi and DeFi—a one-stop platform to trade assets across stocks, forex, bonds, commodities and cryptocurrencies.
Solana (SOL): Good Time to Buy?
Solana (SOL), a top-5 cryptocurrency, was among the tokens hit the hardest as the market took a downturn. The DeFi powerhouse lost key price levels but is expected to recover as quickly during a market bounce. This makes the current Solana price a good entry point ahead of a comeback.
It trades below the $140 support and on the monthly chart, there has been over 10% loss in gain. The weekly timeframe isn’t better either: about 15% decline. However, given its steady demand and as one of the most fundamentally solid tokens, the Solana crypto is on track for a bullish reversal.
According to forecasts, a jump past $175 is anticipated before the end of Q3. This will push SOL past its current annual high of $200 and potentially into new price discovery. So, yes, now is a good time to buy.
Cardano (ADA): Eyes $1 Before Month’s End
Cardano (ADA), a top-15 crypto, is among the heavily discounted digital assets to bet on. Following its remarkable performance in the year’s first quarter, it has been on a steep decline afterward. While this might sound worrying, the current Cardano price provides a good, perhaps the best, entry point.
The price fell from a yearly high of $0.77 in March to $0.3—a big drop. But on the bright side, it is ridiculously undervalued, prompting savvy investors to expand their portfolios ahead of its next jump. A Cardano price prediction suggests an upswing past $1 before the month’s end, placing it on the list of altcoins to watch out for.
In recent news, Cardano’s highly-anticipated Chang hard fork went live, ushering in the “Conway ledger era.” The protocol now shifts to an era of decentralized governance, enabling holders to submit or participate in voting processes.
Conclusion
The recent dip in the prices of Solana and Cardano pushed them into attractive buy zones—time to buy. At the same time, as an emerging cryptocurrency, DTX Exchange is heavily discounted, boasting an even higher upside potential. To ride this huge bullish wave, now might be the best time to become an early adopter.
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