Cardano Rival Secures 27 Million from SOL Whales as Investors Anticipate 10x Returns
Cardano (ADA) holds a prominent position as one of the top cryptocurrencies in the market, currently ranked 10th. Although it provided investors with significant returns during the 2021 rally, it has struggled to regain its $1 level after falling from the top. This lackluster performance has led investors to search for another opportunity that can replicate Cardano’s growth.
Solana (SOL) whales, or large investors, have turned their attention to a high-growth coin that has the potential to challenge Cardano. This coin is none other than DTX Exchange (DTX), the first hybrid exchange. In the third stage of its presale, DTX Exchange managed to reach $2.7 million, with SOL whales purchasing $150k worth of DTX tokens. This investment has helped DTX Exchange inch closer to its target of $3 million by the end of September.
A recent post on X revealed an important development in the Bitcoin wallet’s ability to directly regulate a smart contract on Plutus V3. This breakthrough allows Bitcoin users to send ADA tokens and stake in any Cardano pool without needing a new wallet. Charles Hoskinson, the founder of Cardano, reacted to this news by sharing a surprising GIF. Known for his strong belief in the efficiency of technology, Hoskinson will continue to steer Cardano in the right direction in the long run. In a recent statement, he even questioned Bitcoin’s long-term survival potential. Cardano has also managed to shift the perception of being centralized with the recent Chang hard fork deployment on the mainnet.
Solana (SOL) has joined forces with Travala, a cryptocurrency travel ecosystem. Through this partnership, customers can now pay for hotel reservations and flight tickets using Solana’s native token, SOL, as well as stablecoins like USDT and USDC. As part of the integration, Travala will offer SOL travel rewards to its loyalty program members and launch its AVA token on Solana. Travala’s CEO, Juan Otero, commended Solana’s low cost and scalability, highlighting the ecosystem’s stability and creativity.
DTX Exchange has caught the attention of traders and investors who are seeking substantial returns. The cryptocurrency market tends to value projects with strong fundamentals, and DTX investors have already witnessed a 200% appreciation in the DTX token since its first stage. Experts believe that this is just the beginning of a rally for DTX. Notably, DTX’s growth has occurred during a market correction when other coins were struggling. DTX Exchange has steadily expanded, providing traders with new and efficient options. The platform offers easy and secure trading with zero-commission fees, allowing traders to potentially secure higher profits, particularly in volatile markets.
One of DTX Exchange’s most appealing features is its hybrid trading model, which combines aspects of centralized and decentralized exchanges. This protocol enables investors to access over 120,000 asset classes and ensures the best prices and fast transactions, often completed in just 0.04 seconds. The platform also offers leverage of up to 1000 times, adding to its attractiveness.
DTX Exchange has undergone thorough inspections, and its smart contracts and processes have been validated for security and compliance. Additionally, the platform prioritizes the privacy of investors by allowing for anonymous transactions without the need to confirm identity.
To learn more about DTX Exchange, interested individuals can participate in the presale, visit the DTX website, or join the DTX community.