ERC-20 Altcoin Trading Volume Surges 250% As Cardano and Dogecoin Whales Load Up Before $2 Target

Cardano (ADA) has been a favorite among long-term investors because of its strong focus on scalability and sustainability. The Cardano price has been hovering around $1 since the start of the year, and a $2 target might not be too ambitious. The overall sentiment in the altcoin market is improving because of a new pro-crypto US administration, and Cardano stands to benefit.

The Dogecoin (DOGE) is the most popular meme coin, but it had a disappointing week. There is a potential shift in investor sentiment on DOGE, which is a purely speculative asset with limited real-world utility. The new emerging trading platform DTX is grabbing attention away from DOGE and ADA, aiming to capitalize on the potential price growth of its DTX token, which has already given 700% returns to early investors.

ADA on a Path to $2

Today the ADA price is $1, and it has been fluctuating around that since the new year. As a leading layer-1 blockchain, Cardano has some of the strongest fundamentals on the market, and the token is showing promise.

Recent price movement can be influenced by several factors like rising investor confidence because of Donald Trump and the growing use of the Cardano network for decentralized applications (dApps).

A $2 target is not unattainable for Cardano. Conditions are favorable, and with strong developer activity and the ongoing expansion of its ecosystem, Cardano (ADA) has the potential to skyrocket soon.

Dogecoin Price Dips 6%

The Dogecoin price fell by 6% over the past week. Overall, in the last 30 days, it has gained 10% and 153% over the last three months. The DOGE resilience is commendable, especially in the face of stiff competition from TRUMP coin and as it faces criticism for lack of real-world utility.

The Dogecoin price is indecisive, and analysts are unable to make informed judgments of the trend it will follow. There is a good possibility of bullish forces pushing the Dogecoin price ahead and the neutral momentum might see the price relapse following selling pressure from whales.

DTX Exchange : The First Crypto Native Hybrid Trading Platform

DTX is a trailblazer in global finance. It will modernize and revamp traditional trading by merging it with crypto trading. DTX will address the pertinent issues of centralized and decentralized exchanges existing in silos and the problems investors and traders face because they use multiple platforms for their trading. With DTX Exchange they can trade 100,000 currency pairs on one seamless platform and concentrate on making money.

DTX intends to be a one-stop shop for all things finance, and it will meet its users’ needs to ensure it offers them the best trading platform. DTX offers 1000x leverage on select assets, cutting-edge AI trading tools, trading bots, and even profit sharing for large DTX holders. With a TPS of 100,000, DTX users will be able to trade in real-time.

Key Takeaways

DTX Exchange deserves the growing buzz because it has a solid real-world use case, backed by the powerful VulcanX blockchain. The DTX token is one of the biggest reasons for the hype because it has already made early investors sizable returns.

The presale is in its last stage and has already raised over $12M. Those wanting to make a crypto investment they will not regret should be part of round 8 of the DTX ICO and buy the token at the low and affordable price of $0.16.

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