The recent market downturn sent shockwaves into the crypto community, sparking a cascading selloff. Bitcoin (BTC) and Ethereum (ETH), the leading cryptocurrencies, along with the rest of the market, plummeted. However, Layer-2 tokens on Ethereum, notably Arbitrum (ARB) and Optimism (OP), have shown remarkable resilience.
Meanwhile,
DTX Exchange (DTX): Poised for a 100x Jump Post-Launch
In light of the above, it will be a hybrid protocol and a novel financial ecosystem, aiming to shake up the
Top analysts project a 100x jump in value after its launch, making it a new project to keep on the radar. Meanwhile, at a token price of $0.04 in the second round of the ICO, it offers a good entry point and promises more gains than top coins like Arbitrum and Optimism.
Arbitrum (ARB): Reclaiming the $0.5 Support
However, it experienced a scare as the crypto market nosedived and Ethereum tumbled below $2,300. However, the Arbitrum price didn’t lose as much gain, showcasing remarkable strength. With bullish momentum back in the crypto space, ARB has reclaimed the $0.5 support.
The Arbitrum token is set to hit $1 in quarter three, placing it on the list of the best cryptos to invest in. This puts it within striking distance of its all-time high of $2.40, which it can potentially reclaim before the year’s end.
Optimism (OP): Eyes on a New Peak
Despite the overall market downturn, it was one of the most resilient. And with a bounce unfolding, Optimism crypto resumes its upswing, maintaining the $1 support and gearing up for further gains. It is no surprise that savvy investors have been expanding their portfolios, already ahead of the curve.
Industry experts are bullish, predicting the Optimism token will rally past its March high of $4.85 at the peak of this bull cycle. Sweetening the deal is its current price, which presents a good entry.
Conclusion
Despite the notable decline in ETH’s price, Arbitrum and Optimism held strong. With a bounce unfolding, they have resumed their upswing. Meanwhile, analysts tip DTX Exchange for a 100x rally after its market debut.
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