The crypto market took a big hit, with sentiment largely bearish. Those betting on a bounceback have been expanding their portfolios. Meanwhile, pessimists have been dumping their bags, hoping to buy back lower. As Solana (SOL) and Cardano (ADA) lose key price levels, what is next?

Given the market’s uncertainty, presale tokens have emerged as a go-to for safe and profitable investments. Leading the charge is DTX Exchange (DTX), a new altcoin that combines the best elements of CEX and DEX. It promises a guaranteed 200% gain by the launch date and more afterward, making it a top pick among analysts.

DTX Exchange (DTX): A Top Crypto Pick Among Analysts

DTX Exchange (DTX) is a new ICO defying prevailing bearish trends by charting an upward course. While presale tokens have proven time and time again to be an effective strategy against market turbulence, this emerging altcoin further promises substantial gains after its debut and solid fundamentals.

Its potential transformation of the $10 billion global trading market makes it a new DeFi project to watch out for. By promoting financial inclusion and global accessibility, users can trade a wide variety of assets, including crypto, stocks, equities and bonds. Also contributing to its appeal is the absence of KYC requirements and up to 1,000x leverage—a strong contender in the rapidly growing trading market, no doubt.

In light of the above and its imminent adoption, analysts’ outlooks are bullish. The presale is currently in round two and a staggering $1.2 million has been raised so far at $0.04, hinting at confidence in its potential and appeals. Meanwhile, analysts anticipate a 70x upswing after its launch, making it a more compelling bet than Solana and Cardano.

Solana (SOL): Retests $130

Solana (SOL), the red-hot Layer-1 blockchain platform, has become a big player in DeFi. It further bridges the gap between traditional and decentralized finance, highlighted by the recent PayPal USD migration. While it had an impressive first half of the year—soaring past $200—the second half is off to a shaky start.

The recent market bloodbath saw the Solana price retest $130. This forced correction is largely due to geopolitical tensions, specifically fear of war in the Middle East. More decline isn’t entirely out of the question, with a Solana price prediction suggesting a fall below $100.

However, the coming days or weeks promise relief—optimistically. A breakout above $150 is on the cards, which will usher in a fresh wave of optimism. Those betting on a bounce are already expanding their portfolios, with Solana wallets emerging as a popular way to store assets.

Cardano (ADA): Potential Breakout Above $0.4

Cardano (ADA) is another Layer-1 token on the downside. It was among the altcoins hit the hardest, falling sharply below $0.35. A bearish Cardano price prediction suggests a fall below the $0.3 support.

Beyond the bloodbath, the ecosystem is rapidly expanding, as founder Charles Hoskinson teased the upcoming release of Hydra, a Layer-2 scaling solution. This announcement was shared on X (formerly Twitter) and reads, “Are you ready for Hydra at Rare Evo?” This scaling solution will undoubtedly increase transaction speed and enhance network performance, sparking a buzz.

With the above painting a bullish picture, the Cardano price might break out above $0.4 in the coming days. This places ADA on the list of altcoins to watch out for.

Conclusion

While the prices of Solana and Cardano are on the downside, a comeback is nonetheless on the cards. Meanwhile, DTX Exchange, a novel hybrid trading platform, races toward adoption, with a substantial 70x jump projected after its market debut. To become an early adopter, we recommend participating in the presale now.

Visit the official DTX Exchange (DTX) website for the latest updates and information.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.