CPI rose to 2.9%, in line with expectations and core CPI fell to 3.2%; overall, it was good for markets. CPI data shows cooling inflation, pushing the prices of top altcoins like Solana (SOL) and Ethereum (ETH) up.
Interest in DTX Exchange (DTX), a new DeFi crypto, also skyrocketed. Behind the growing demand is its unique hybrid trading platform – a combination of CEX and DEX – and its potential transformation of the $10 billion global trading scene . The upcoming adoption has fueled bullish forecasts, referred to by experts as the next 100x indicator.
DTX Trading (DTX): The Next 100X Coin?
DTX Exchange (DTX), a new altcoin at the intersection of DeFi and TradFi, is basking in the spotlight. Its unique statement – a hybrid trading platform – and a combination of the best elements of centralized and decentralized exchanges are attracting great interest and demand.
Through its integrated blockchain, VulcanX, DTX aims to bridge the gap between TradFi and DeFi. It is the first native crypto platform that offers current financial instruments such as stocks, forex, ETFs and commodities. Some of its key features will include wallet-based trading, careless storage solutions and distributed liquidity pools – a new DeFi project to watch out for.
Because of its adoption, it has been selling out quickly in pre-sales, surpassing $11.8 million in raised funds in an unprecedented amount of time. At the same time, a token costs only $0.14 in the seventh round of the ICO and is expected to increase 100x after Tier-1 exchange listings. With plenty of room to run as a low cap with solid fundamentals, this is arguably the best new crypto to invest in, edging out top crypto coins like Solana (SOL) and Ethereum (ETH).
Solana (SOL): Breakout Above the $200 Resistance
The Layer-1 crypto Solana (SOL) has been one of the main winners of this week. Since falling below $180 on Monday, the bulls have been on a roll. At press time, Solana's price trades above $205, moving strongly against support.
At the same time, additional gains are expected, supported by key indicators such as the 10-EMA and 10-SMA. Meanwhile, experts are optimistic about a good run in Q1. undeadcat1or0, a crypto analyst on X, believes that there is plenty of time for Solana (SOL) to hit $420 and $690 before the next token release in March.
Wifichecks, another expert, sees the altcoin reaching $300 to $320 between the first and second week of February. While it is good to buy crypto, its large market cap does not leave much room for growth, making new altcoins like DTX Exchange (DTX) more attractive.
Ethereum (ETH): Is $4,000 Near?
Ethereum (ETH) reacted positively to the latest CPI data, going up along with the entire crypto market. Inching away from $3,500, a breakout is expected at any moment. Undoubtedly, the movement of this level will give confidence to investors, crossing the resistance of $ 4,000 in no time.
After its latest performance, Trader_Matt, a leading analyst, sees a rally above $4,100 and its all-time high – $4,800 – as high probability. Tradermayne, also optimistic, expects Ethereum (ETH) to trade above $4,000 in Q1, placing it among the top cryptos to buy.
At the same time, these forecasts are supported by key indicators such as the 20-VWMA and 9-HMA. However, as the second largest cryptocurrency, ETH's upside potential is limited, shifting interest to low caps like DTX with plenty of room for growth.
DTX Exchange (DTX): Stronger Crypto Pick than Solana (SOL) and Ethereum (ETH)
With the low market, DTX Exchange (DTX) has more room to run than Solana (SOL) and Ethereum (ETH). In addition, there are strong foundations, ready to reshape the global trade landscape through a hybrid model. As the bull market continues, this is one of the new altcoins to watch out for.
Find out more about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit the DTX website
Join the DTX Community
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, and is not intended to be used as legal, tax, investment or financial advice.
Source: https://cryptodaily.co.uk/2025/01/cooling-us-inflation-push-solana-sol-and-ethereum-eth-upward-is-dtx-exchange-dtx-the-next-100x- token
