Once industry giants, “Dino Coins” like Cardano (ADA) and Dogecoin are now struggling to keep up. The Cardano price remains below past highs, while the Dogecoin hype is losing steam.
In this bearish period, one contender DTX Exchange which is currently in its bonus presale phase, is rising rapidly after raising $15.1 million. With a listing price set at $0.36, early holders could be positioned to make 440% returns. Here’s why the DTX Exchange is gaining traction while the ADA and DOGE tokens are down.
DTX Exchange Presale Surges Past $15.1M: A 440% Rally Could Be Next
While the Cardano price and Dogecoin are failing to grow, DTX Exchange could turn out to be a better option. Its presale has raised over $15.1 million which gives early investors a chance to buy at $0.18 before the listing price reaches $0.36 positioning them for a potential 2X surge.
However, considering the continual demand for DTX tokens, many analysts are saying DTX tokens could surge by 440% post-launch. And if that happens, each DTX token could rise to $1.6 based on the final price of $0.36. This could mean that if a trader buys $100 worth of DTX tokens, the gain would be over 4X, or $440.
Source: DTX Exchange
DTX Exchange gives traders more control over their investments which could help them trade with flexibility. The 1000x leverage option allows users to increase their buying power which helps them take bigger positions with less capital.
However, fractional trading makes high-value assets more affordable which allows smaller investors to diversify. The copy trading feature lets users follow expert strategies which helps beginners trade with confidence.
The platform runs on the VulcanX blockchain that could ensure speeds of 200,000 TPS which helps traders avoid slow transactions during peak times. Many exchanges lag when trading activity is high which makes execution unreliable.
Cardano Price Stalls at Key Support: Will ADA Bounce or Break Down?
The Cardano price is struggling as the ADA token stays near $0.65 which has been a strong support before. If the ADA token holds this level, it could rise toward $0.78 and even $1.00. But if it fails, the Cardano price might drop to $0.68. The ADA token is forming a double-bottom pattern which shows a possible recovery but a clear breakout is still needed.
Source: CoinMarketCap
Despite the Cardano price struggling, the on-chain data displays mixed results. Whales are buying the ADA tokens which suggests smart money believes in a rebound. But retail traders are still bearish which is clear from the high short positions. The Cardano price action depends on whether buying pressure increases or if traders keep betting against the ADA token.
The ADA token’s development remains strong which is shown by its 20,500+ commits on GitHub. However, even though the Cardano price has not gained momentum, new platforms like DTX Exchange could offer higher gains that could divert market attention from the ADA token.
Dogecoin Stuck at Key Resistance: Will It Surge or Crash?
Dogecoin is struggling at $0.26 which could decide its next move. If Dogecoin breaks above this level, it could rise toward $0.31 but if it fails, a drop to $0.24 or lower could follow. The 50-day moving average at $0.27 is another key level that Dogecoin needs to cross for a stronger uptrend.
Source: CoinMarketCap
Right now, Dogecoin is forming a symmetrical triangle which shows that a big breakout is near. If Dogecoin moves above the pattern, it could jump 25% but if it falls below support, it could drop 25% toward $0.21.
Meanwhile, DTX Exchange is growing with real liquidity and multi-asset trading which gives traders more opportunities than Dogecoin.
Final Thoughts
As the Cardano price struggles to grow and Dogecoin still moves with hype, older cryptos are slowing down. But DTX Exchange could be the next big opportunity, with over $15.1 million raised and a bonus presale live at $0.18 before its $0.36 listing.
Analysts think DTX could bring a new era of trading with better market access and a predicted 440% gain. So the current presale stage could be a last chance for investors to buy DTX tokens at a discount before they skyrocket.
Check out these links for more information about DTX Exchange:
