The crypto market seems to have hit a wall. But there are some altcoins that have racked up big numbers on their onchain data, attracting analysts’ attention. Among standout opportunities, DTX Exchange comes in first, followed by SUI blockchain and the Ripple price gains. But why do these coins make sense in current market conditions? Let’s explore.
DTX Exchange Gains Global Interest with Large Holders
DTX Exchange has recently taken center stage in the crypto world and could offer better gains than the current Ripple price and the SUI blockchain. Plus the onchain data shows that over 300,000 wallets now hold DTX tokens.
The fact that it managed to get so many holders during presale shows the popularity of the DTX Exchange. Based on this, analysts are predicting that the project would be a game-changer in crypto.
On top of such an enormous holder base, DTX Exchange offers a bunch of other awesome features that would amplify the whole trading experience. One such feature is the huge variety of assets that has over 120,000 financial instruments which would make it easy for traders to diversify their portfolios.
This huge asset selection pairs perfectly with DTX Exchange’s high leverage feature, offering 1000x profit potential. This means traders could make huge gains even with a small investment.
This brilliant combination of centralized and decentralized features gives DTX Exchange a major edge on platforms like SUI blockchain.
With an array of such advanced features, a fast framework is also needed. That’s why DTX Exchange uses cutting-edge VulcanX blockchain that gives it a 200,000 TPS. So traders can take advantage of market opportunities as soon as they pop up. This speed resembles the XRP swift technology, meaning DTX could enjoy gains similar to the Ripple price.
High Onchain Activity Lifted the Ripple Price
Since launch, Ripple (XRP) has completely changed the digital financial landscape. Famous for being fast, cheap, and energy-efficient, XRP facilitates cross-border transactions in just 3-5 seconds. This means transaction costs are as low as $0.00001 which is remarkable.
The Ripple price has recently seen a pump and is now trading over $2. One of the key factors behind the Ripple price surge is the increase in onchain network growth. This key metric indicates how many new addresses conducted their first blockchain transaction. On January 9, XRP started to grow in this area.
But the recent numbers show a decline in network growth, which signals waning demand for XRP. Many analysts think that the Ripple price could struggle if this trend keeps up, causing the price of XRP to drop below $2.
SEED Partnership Could Boost the SUI Blockchain
SUI Blockchain uses an innovative layer-1 platform to provide global blockchain solutions that are scalable and secure. Because SUI uses an object-centric data model and the Move programming language, it eliminates the inefficiencies in traditional blockchain architectures.
Recently, the SUI Blockchain has seen more onchain activity that indicated rapid growth. On January 4, 2024, SUI spiked by 20%, resulting in a 150% increase in trading volume. At that time the SUI blockchain was around $5.27 and had tremendous growth even better than major cryptos.
But now the SUI blockchain price has downshifted a bit. However, a significant event has occurred. The SUI blockchain recently formed a strategic partnership with SEED to revolutionize gaming for 100 million users. Many analysts think SUI’s price may go up because of this.
Interestingly DTX offers a similar opportunity that could provide insane profits. The platform’s growing demand for its presale, which has already collected over $11.5 million, could be an appealing factor.
Conclusion
Considering high on-chain activity, these three altcoins could be ideal for traders looking for transformative gains. While the SUI Blockchain and Ripple price could be affected by market volatility, DTX Exchange excels with over 300,000 holders, a blazing 200,000 TPS, and access to a huge library of financial instruments. The DTX ongoing presale could be a good opportunity to make big money before the launch.
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