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Solana and Cardano Eye Major Breakout; Whales Bet on This New Hybrid Exchange Protocol

Sep 5, 2024
  1. DTX Exchange (DTX): Whales Push Presale Funds Past $2.3M
  2. Solana (SOL): Anticipated Breakout Above $150
  3. Cardano (ADA): Potential Break Above $0.36 in the Coming Days

September is historically bearish and the early days of the month have brought a downturn in the crypto market. Bitcoin (BTC) fell below $57,000 and altcoins also plummeted. However, with this cycle different from previous ones, experts predict a bullish sentiment may emerge. Solana (SOL) and Cardano (ADA) are poised for a major breakout.

DTX Exchange (DTX): Whales Push Presale Funds Past $2.3M

DTX Exchange (DTX), a new altcoin creating a buzz, is attracting whale investors. Its goal is to transform the $3.2 billion global online trading market. By combining the best features of centralized and decentralized exchanges, it creates a hybrid exchange protocol. The platform will offer the ability to trade assets from both traditional finance (TradFi) and decentralized finance (DeFi), including stocks, bonds, forex, and cryptocurrencies. To date, whales have invested over $2.3 million during the presale phase, marking it as a noteworthy newcomer this year.

Solana (SOL): Anticipated Breakout Above $150

Solana (SOL) is one of the leading altcoins in decentralized finance. Its ecosystem is rapidly growing, recently incorporating Paypal USD. Despite recent setbacks, SOL is poised for recovery. In recent weeks, Solana’s price has dropped by over 10%, but experts forecast a rebound above $150 shortly. This makes SOL a token to watch closely.

Cardano (ADA): Potential Break Above $0.36 in the Coming Days

Cardano (ADA) is a leading altcoin, ranking in the top 15 by market capitalization. The recent Chang hard fork made it fully decentralized, allowing token holders to participate in governance. Though the current market trend is negative, experts believe ADA could soon surpass $0.36, approaching its yearly highs. Analysts predict ADA could reach $0.77 by the end of Q3.

Despite the current downturn, Solana and Cardano have the potential for growth. Meanwhile, whales are showing significant interest in the DTX Exchange presale, drawn by its innovation and prospects.

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