Bitcoin Breaks Out of Correction Pattern, Signaling Bullish Market Shift; DTX Exchange, Pepecoin (PEPE), and SUI Network (SUI) Emerge as Top Picks

After over seven months of correction, Bitcoin has finally broken out of its wedge pattern. As of now, BTC is trading just 7% below its all-time high.

After enduring a seven-month correction, Bitcoin has finally broken out of its wedge pattern and is now trading just 7% below its all-time high. This development is expected to propel the market into bull mode, leading investors to identify potential coins for trading.

In this regard, a market veteran has shared his top picks, including DTX Exchange (DTX), Pepecoin (PEPE), and SUI. These coins are anticipated to mirror the early gains seen in Bitcoin, with a particular focus on DTX Exchange, which is still in its early stages and is believed to have more growth potential.

Recently, Pepecoin (PEPE) made headlines with a 30% surge following its breakout from a descending channel pattern. This rise can be attributed to several factors, including BitMEX founder Arthur Hayes purchasing 24.39 billion PEPE tokens, valued at $252,000, which ignited a buying spree.

At the time, PEPE was trading within a symmetrical triangle and had formed a hammer reversal candlestick near upper resistance. The price encountered resistance at $0.0000109, a level that had previously hindered rallies twice, indicating strong selling pressure. Additionally, PEPE was maintaining its position near a support level at the lower trendline of the pennant pattern.

Meanwhile, Sui Network has announced plans to integrate blockchain technology with AI to enhance security and efficiency for upcoming projects. Kostas Chalkias, co-founder of Mysten Labs, revealed on the X platform that the Layer-1 blockchain core would incorporate AI to improve related services.

In other news, Sui’s trading aggregator, Hop, has launched the first phase of its new platform, hop.fun, which enables SUI users to trade Meme tokens and connect socially. Users can now explore and interact with the platform's features.

The DTX Exchange testnet has achieved a remarkable milestone by processing over 10,000 transactions per second (TPS). This impressive throughput is essential for handling the diverse financial markets on its hybrid blockchain, ensuring fast and efficient transactions.

The success of the testnet has generated high demand for its ICO, with three whales investing a total of $1.3 million over the past two weeks. Currently, DTX Exchange is considered significantly undervalued compared to its growth potential.

DTX Exchange aims to eliminate trading interruptions by utilizing only one account. DTX is poised to become a major cryptocurrency exchange, further supported by SolidPROOF’s verification of its smart contracts, ensuring trader safety.

The platform is powered by the DTX utility token, which provides holders with access to advanced analytics tools, governance voting rights, and other features. Currently priced at $0.08, the token has already experienced a 300% rise from its initial $0.02. Experts anticipate a potential 100x increase when a Tier-1 exchange lists it soon.

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