As the market is rebounding after Friday’s market crash on April 12, many altcoins are expected to make new all-time highs. With the increasing demand for low-cap cryptos due to their massive potential, SUI, DTX, and XRP are significant projects under $2 that are expected to explode in the upcoming bull run with moonshot price predictions.
Sui’s collaboration with BytePlus boosts token price
Sui (SUI) has witnessed a remarkable rebound after a massive dip in price. The project was in the headlines recently after launching its first wrapped coin, FDUSD, which was listed on major exchanges including Binance. This led to an increasing hype of the token propelling its price to new support levels.
According to recent reports, Mysten Labs, the creators of the Sui layer-1 blockchain have collaborated with BytePlus to expand their activities in the web3 sector. This partnership aims to explore various areas such as data warehousing, content development, and augmented reality within web3 gaming.
Despite the recent developments, Sui’s price is facing a market dip. Currently trading down by 3% in a single day, technical indicators indicate a declining price prediction. The 200-day moving average is moving downside with bearish trends observed in the four-hour timeframe. The ongoing developments can impact its price trajectory in the future if their relevancy surges in the crypto sector.
XRP is ready to surge past $0.7 after soaring open interest
Ripple (XRP) is emerging as a prominent choice for investors seeking projects under $2. According to data by Coinalyze, XRP’s open interest has surged by 1.7% within 24 hours on the future markets. Moreover, Ripple aims to transform the industry with strategic collaborations with Ready Player One and Reebok, promoting blockchain solutions and adaptability.
As the discussions of potential XRP ETF and stable coin are also around the corner, the major pullback for Ripple’s growth is its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The Ripple counsel is expected to resolve the matter in the upcoming weeks, as it filed a crucial opposition brief on April 24.
Following a positive outlook, millions of XRP tokens have been accumulated by whales in the past few days according to reports. These trendlines are evident in its current surge of 4% in a single day. If the trajectory persists, the price can break above critical resistance levels to surge past $0.7 in the next few weeks.
DTX Exchanges (DTX) creates buzz with a record $250k presale
DTX Exchange (DTX) has emerged as a significant choice among crypto investors due to its unique TradFi proposition and robust security features. The hybrid platform offers traders unprecedented growth potential in diverse markets including forex, cryptos, stocks, and equities.
For crypto enthusiasts and deFi investors, DTX Exchange is a project that offers the
most exciting features to grow in a volatile market capitalizing on investments. The cutting-edge use case of DTX and the utility of blockchain fundamentals will continue to help the project become a leading figure as users demand no-KYC and non-custodial wallets in 2024 for safe and accessible trading.
The project demonstrates outstanding performance in 2024, with a successful private seed round of $2 million. Just days into stage 1 of the public presale, the project has raised a mind-blowing $250k with over 60% of tokens sold. Investors rush to buy the DTX token for $0.02 which is anticipated to skyrocket beyond $1 once the token goes live.
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Wanda Parisien is a computing expert who navigates the vast landscape of hardware and software. With a focus on computer technology, software development, and industry trends, Wanda delivers informative content, tutorials, and analyses to keep readers updated on the latest in the world of computing.
