After over seven months of correction, Bitcoin finally broke out of the wedge pattern. BTC is trading just 7% below its all-time high; a new high in the leader will shift the market into bull mode. The most important thing is the selection of coins to trade in a bull market, and investors prepare a list of potential coins.
One of the market veterans has published his top coins, which include DTX Exchange (DTX), Pepecoin (PEPE), and SUI. These coins have the potential to replicate the early gains of Bitcoins. The major focus has been on DTX Exchange, which is in its early stages and has more potential than the other two.
Pepecoin (PEPE) Forms Hammer Candle Near Resistance
Pepecoin (PEPE) saw a strong 30% surge after the breakout from the descending channel pattern. While general market sentiment played a part, other key factors fueled the rise. One major trigger was BitMEX founder Arthur Hayes purchasing 24.39 billion PEPE tokens, worth $252,000, sparking a wave of buying.
At the time, Pepecoin (PEPE) was trading within a symmetrical triangle and had formed a hammer reversal candlestick near the upper resistance. The Pepecoin (PEPE) price recently hit resistance at $0.0000109, a level that has stopped previous rallies twice, showing strong selling pressure at that point. Pepecoin (PEPE) was also holding near a support level at the lower trendline of the pennant pattern.
AI-Integration Announcement In SUI
Sui Network recently announced plans for the integration of blockchain technology with AI to meet the needs of the upcoming projects by providing additional security and efficiency. Kostas Chalkias, co-founder of Mysten Labs, announced on the X platform that the Layer-1 blockchain core will incorporate AI and blockchain technologies for the purpose of enhancing the AI-related services.
Meanwhile, Sui trading aggregator Hop has launched the first phase of its new platform, hop.fun. This site allows SUI users to trade Meme tokens and connect socially. Users can now explore and interact with the platform’s front end.
DTX Crosses $5 Million After Successful Testnet Launch
The DTX Exchange testnet has made a new record in blockchain performance by exceeding 10,000 transactions per second (TPS). This high throughput is essential for managing the wide range of financial markets on its hybrid blockchain, allowing for fast and efficient transactions
The results of the DTX testnet were so impressive that there was a big demand for the ICO. In the last two weeks, three whales entered the presale with a cumulative investment of over $1.3 million. The current valuation of DTX Exchange is highly undervalued compared to its growth potential.
With only one account, trading interruptions are things of the past. On top of its initial, powerful stance, DTX can be seen leading to it becoming a major cryptocurrency exchange. SolidPROOF has also verified the platform’s smart contracts, ensuring their safety for traders.
The DTX utility token powered the platform, which offers holders access to advanced analytics tools, governance voting rights, and more. Currently priced at $0.08, the token has already seen a 300% increase from its initial price of $0.02. Experts predict another 100x increase when a Tier-1 exchange soon lists the token.
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