DTX Exchange (DTX) Announces Phoenix Wallet Launch, Solana (SOL) & Dogecoin (DOGE) Prices Rise Amid Bullish Cycle
With rising interest in the crypto market, DTX Exchange (DTX) has announced the official unveiling of Phoenix Wallet, which is highly in demand. This launch could not have come at a more suitable time. Recently, top crypto coins like Solana (SOL) and Dogecoin (DOGE) have been doing well in the bullish cycle. This will attract investors who are looking for reliable and versatile crypto wallets.
Phoenix Wallet Launch Causes Hype for DTX Exchange (DTX)
DTX Exchange (DTX) has recently made headlines in the crypto space. Notably, DTX Exchange announced the official launch of its crypto wallet, Phoenix Wallet will come by the end of this week. With this wallet, people will be able to buy, send, or borrow crypto in a safe and fast way. Thanks to this news, plus the recent listing of DTX on CoinMarketCap, the hype is at an ATH for DTX Exchange.
This DeFi project is now in its presale phase, which has been great. It has already raised over $6M and could reach $7M before October ends. Evidently, traders are excited about DTX Exchange’s long-term vision of revolutionizing online trading. It will launch a unique trading platform with the best of CEX and DEX to accomplish this.
On this platform, people will be able to:
Access over 120K asset classes, including stocks, CFDs, crypto coins, etc.
Remain utterly anonymous as DTX Exchange will not require any sign-up KYC checks.
Use up to 1000x leverage on assets – minimizing the risks while maximizing the gains.
The DTX utility token is now in phase four of its crypto ICO event. It is worth $0.08, a 300% rise from its starting price. However, this altcoin price will rise to $0.10 after phase five begins—a 25% return for those who buy it now.
Solana (SOL) Achieves New ATH in Fee Revenue, Price Increases
Recently, Blockworks analyst Dan Smith highlighted the fact that Solana (SOL) saw a new record-breaking ATH in fee revenue—$8.7M on October 23rd. This is a big rise from just $8M on October 22nd. In other words, traders are still gravitating to this top 5 cryptocurrency.
This development comes at a time when the Solana crypto is rallying. CoinMarketCap shows that the price of Solana increased by over 10% in the past 30 days. Currently, this altcoin is trading between $155 and $175. Plus, Solana is still above its 10-day EMA of $168.
Even crypto analyst Crow says that Solana (SOL) could see a rise soon. According to his X post, the Solana coin will reach $800 in the next bull run. He bases this Solana price prediction on the fact that it went from $3 to $50 and from $25 to $250 in the past bull run.
Elon Musk X Post Makes Bullish Dogecoin (DOGE) Sentiment
Meanwhile, Elon Musk made interest in Dogecoin (DOGE) increase again. Notably, Musk made an X post featuring a picture of a Dogecoin meme. As a result, the community sentiment for this meme coin is now bullish.
When it comes to the Dogecoin price movement, CoinMarketCap shows growth. In the past month alone, the value of this altcoin jumped nearly 20%. The Dogecoin crypto is now trading between $0.12 and $0.14.
Not only that, but the technicals for this meme coin are showing good signs. Currently, the 14-day RSI for Dogecoin (DOGE) sits at 65, which is close to its buy zone. Thus, some market analysts, like Denome, forecast a rise to $0.22 in their Dogecoin price prediction.
How May DTX Exchange (DTX), Solana (SOL) & Dogecoin (DOGE) Fare in a Bullish Market?
According to some experts, DTX Exchange (DTX), Solana (SOL), and Dogecoin (DOGE) are all altcoins to watch. Many single out DTX Exchange as the next potential 10x crypto currency in 2025. Since it also taps into the growing $1.4T FX market, DTX’s long-term growth potential looks great.
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