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Cardano shines, but DTX Exchange steals the spotlight in 2024 with innovation, a viral presale, and massive ROI potential.
The upcoming year is expected to change the crypto market with rapid developments and ease of regulation. In 2024, crypto ETFs will take the cryptocurrency world to a new level, and emerging projects can completely transform the DeFi world.
While Cardano (ADA) has performed tremendously in the past months, emerging projects are stealing the spotlight with innovation and huge profit potential. The viral $0.12 altcoin, DTX Exchange (DTX), has been one of the trending names in the top projects of 2024. DTX presale has seen a massive capital influx as investors seek promising projects that could be the next bull market leader.
Some experts believe that DTX Exchange is perfectly positioned to outpace major cryptos like Cardano and generate massive ROI for early investors.
Cardano’s hydra could help ADA regain lost momentum
Cardano is becoming an important player in the blockchain sector through Hydra, its most awaited scaling solution. Hydra intends to provide the Cardano ecosystem with impressive transaction speeds of up to 100,000 TPS.
Hydra is a layer-2 scaling solution that offers the answers to pain points of faster transactions, lower costs, and stronger security. The very high TPS that Cardano achieves may make it a preferred option for developers designing applications. This increased scalability may open the door to huge user acceptance and make Cardano the blockchain solution.
This development is also pivotal for the ADA token, as its bullish influence could place it among the top five altcoins. ADA has suffered a broader market sell-off, dropping nearly 40% in the last 21 days. After the triangle pattern break, it is currently trading at $0.90. 50-EMA has been a major support for Cardano price, and bulls have successfully sustained it above $0.85.
Source: CoinMarketCap
While ADA is still below the psychological level of $1, the bearish pressure remains. One of the bearish developments in the ADA chart is the bear flag pattern, known for trend continuation. The downtrend could continue for the next few weeks if this pattern executes.
DTX Exchange ready to top altcoin charts
DTX Exchange is experiencing surging global demand as it integrates unique trading technologies designed to enhance profitability for every kind of trader. Its bullish performance has ranked it the best presale of the year. According to projections, after listing on major exchanges like Binance, Bybit, and Uniswap, the DTX token could reach $25.9 from its current price of $0.12.
Exponential growth in the DTX Exchange offers opportunities for a profit potential of 21,000%. Thus, $100 invested at the current level could be worth nearly $21,000. Renowned for pioneering hybrid exchange space, the platform addresses key challenges such as higher trading fees and security concerns.
DTX Testnet achieves mind-blowing 100,000 TPS
The exchange’s proprietary VulcanX blockchain has created another milestone: 100,000 transactions per second. While Cardano, one of the largest cryptocurrencies, is still struggling to achieve this feat, DTX Exchange has proven its brilliance in the early phase of the journey.
Institutional and retail investors are increasingly adopting the DTX Exchange because of its rapid technological advancements and remarkable features. DTX tokens offer holders governance rights, early access to airdrops, and reduced trading fees. According to certain cryptocurrency experts, DTX will soon surpass ADA!
For more information, visit the DTX Exchange presale website and join the online community.
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Source: https://crypto.news/dtx-exchange-mirrors-the-21500-surge-of-cardano-during-the-last-bull-cycle/