The post Mark Zuckerberg Might Enter Crypto in December; Here Are 3 Cryptos He Might Be Buying appeared first on Coinpedia Fintech News
There has recently been a piece of news circulating the crypto real that Mark Zuckerberg might enter the crypto space in December. The entry of such renowned faces creates a buzz among analysts as they try to find a bullish pattern that they would follow.
The current session sees RENDER, Solana (SOL), and DTX Exchange as the top picks for a bullish rally. These coins have massive growth potential and can provide colossal gains. These reasons make them the best investment options in the present bull run.
RENDER Weekly Price Analysis: Bullish Trend Prevails
This week, RENDER (RNDR) has been quite bullish as it attempts to break above $6.50. Following the price’s recovery from a September 17 low of $4.62, bullish enthusiasm increased. RENDER surged higher throughout the rally, surpassing the 20 and 50-day SMAs and reaching $5.62 over the weekend.
RENDER saw a significant increase this week, rising more than 10% to break $6 and close at $6.20. Tuesday saw more selling pressure as the price dropped to $5.95. Buyers, however, forced the price back above $6, enabling RENDER to settle at $6.25 following a 0.89% rise.
On Wednesday, sellers had the upper hand and drove RENDER down 5.48% to $5.91. But on Thursday, it bounced back fast, with a gain of nearly 7% to reclaim $6 and close at $6.30. RENDER will be pushed above $6.50 by buyers. The price might rise to $7 if there is a break over this mark. Thus, RENDER is a highly bullish investment at present.
Solana (SOL) To Turn Bullish Due To Seeker Phone
Emmett Hollyer, General Manager of Solana (SOL) Mobile, commented on the firm’s General Manager of Solana (SOL) Mobile, Emmett Hollyer, spoke at the TOKEN2049 conference in Singapore on September 18, 2024, and discussed the company’s planned Web3 crypto phone, Seeker. Seeker, the second Solana (SOL) model, is slated for release in 2025 and attempts to incorporate blockchain technology into mobile devices.
In the meantime, Solana (SOL) reached a significant milestone on September 19 when it surpassed 75 million active addresses. The Solana (SOL) network reached an all-time high with this figure. According to analysis, a rise in activity is positive for SOL because it indicates that more people are contributing to the ecosystem’s expansion in Solana.
These changes gave Solana (SOL) an upward impetus that enabled it to break above the psychological $150.15 mark. According to experts, these collaborations and advancements have sped up the adoption of Solana (SOL), making it a wise investment with enormous potential.
Solana (SOL) was up 13.89% over the previous week, trading at $149.83 on September 25. According to analysts, a higher adoption rate will cause SOL to soar to $168.64 in October.
DTX Exchange: The Most Explosive Investment Option
As the crypto market recovers, various altcoins dominate the headlines with substantial gains. However, investors are turning to DTX Exchange, which offers the biggest gains in the current market. The groundbreaking DTX Exchange is making waves in the crypto market, with its presale stage 3 selling out rapidly.
Users of DTX Exchange can take advantage of numerous superior features, such as 1000x investing leverage, AI-powered automation tactics, and risk management tools. With all these important characteristics, together with scalability and low trading costs, market analysts suggest the platform may succeed and compete with well-established exchanges.
With over 120,000 financial instruments packed on a single platform, investors may access DTX Exchange with greater security and ease. DTX Exchange distinguishes itself from traditional finance (TradFi) platforms with its capacity to offer dependable on-chain trading of assets and commodities.
It’s noteworthy that the DTX presale has received more than $2.8 million in investment, and experts predict that by the start of October 2024, it will have raised $3 million. Growth is achievable, primarily because cryptocurrency investors are eager to participate in the presale.
At the moment, DTX is trading at $0.06 in Stage 3, a 200% increase from its initial value of $0.02. DTX’s value rises to $0.08 when the presale enters Stage 4, giving the current investors a 33% return. In light of this, YouTuber Crypto Chino is adamant that during the upcoming cryptocurrency bull cycle, DTX Exchange will present the most market gains.
Key Takeaways
RENDER’s bullish momentum, Solana’s (SOL) seeker phone, and DTX Exchange’s (DTX) explosive presale make it the best investment option. Analysts claim that Zuckerberg might be adopting these as he enters the bull market!
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