SPONSORED POST*
The Cardano (ADA) and Litecoin (LTC) prices have been on the move since the recent flash crash. This has excited traders who have identified another token presale to invest in. DTX Exchange (DTX) is gaining investor attention after crossing the $10.24 million during its token presale. This has impressed sidelined investors looking for the next top crypto gem. As DTX gains momentum, Cardano (ADA) and Litecoin (LTC) holders are shifting to the next big thing in the DeFi space.
Will The Cardano (ADA) Price Surge After The TVL Milestone?
The Cardano (ADA) price surged 84% in the past 30 days, prompting investors to call for a new high. The layer-1 Cardano (ADA) network recently surpassed $700 million in total value locked, a key factor that may raise ADA’s price further.
Its rising DEX volume is another milestone achievement that should positively impact the Cardano (ADA) price. The Cardano (ADA) price rose 10.7% in the past 24 hours to $1.10, after an 8.4% decline in the past week. Analysts predict that the price could reach $1.5 in Q1 2025. However, ADA is 65% below its March 2020 peak.
Its Relative Strength Index (RSI) has declined from 79 to 53 points due to growing selling pressure, and active network addresses have dropped noticeably, indicating declining user involvement.
ADA’s Network Value to Transactions (NVT) ratio also supports this story by implying an increasing market value that is not matched by transaction volume, a conventional measure of overbought conditions.
With an increase in short positions among traders, Cardano (ADA) seems caught in a correction wave that might bring its price considerably lower, thereby challenging the $0.77 barrier. Although Cardano (ADA) has long-term promise, its present difficulties have caused investor attention to more exciting prospects like DTX Exchange.
Litecoin (LTC) Loses 17% – When Will It Bounce?
Litecoin (LTC) has fallen by 0.6% today as it attempts to find a footing at $119. Despite a recent drop, the Litecoin monthly candle is still up an astonishing 48%, as Litecoin (LTC) has risen from $73 in a matter of weeks.
This brings the Litecoin (LTC) market cap to over $8.28 billion and cements this legacy altcoin as the 22nd largest crypto asset in the space. The Litecoin (LTC) network is often seen as the silver to Bitcoin’s digital gold, a reputation that will likely launch Litecoin (LTC) to new highs sometime in 2025.
To do this, Litecoin (LTC) will need to take out its previous record of $413, which it reached during the 2021 bull run. While Litecoin (LTC) investors witness it reclaim its previous highs, DTX grabs attention with a staggering presale.
DTX Exchange: Access Higher Profits With a Hybrid Trading Platform
DTX Exchange is one of the new DeFi projects that is bringing fresh innovations to the industry. The project offers traders a wide variety of digital assets all in one place, and for the first time, they can now choose any digital asset from stocks to ETF trading to forex and more than 100,000 currency pairs.
Now, traders do not need third-party apps to manage different portfolios, as DTX Exchange can house all of them at once. The DTX Exchange also ups the user experience in the DeFi sector. The project’s VulcanX technology allows users to transact smoothly and almost at the speed of light with a TPS of 100,000.
Beyond the user experience, traders can access up to 1,000x leverage on the DTX Exchange project. With this, traders enjoy a generous amount of liquidity that allows them to aim for wider profit ranges.
There is a lot of inclusivity in the DTX Exchange project. Firstly, the VIP Rebate Program on the project makes partners out of traders and returns 3% of its daily profits to them. Additionally, DTX Exchange users will be allowed to make suggestions on future projects, giving them a sense of belonging.
Key Takeaways
Despite the outstanding market performance of Cardano (ADA) and Litecoin (LTC), DTX Exchange leads with an expected 2000% ride. Professionals invest in DTX as the platform raises a staggering $10.24 million.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
*This article was paid for. Cryptonomist did not write the article or test the platform.