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Investors Overlook Cardano and Fantom For This New Exchange-Based Altcoin – Why?

Investors Overlook Cardano and Fantom For This New Exchange-Based Altcoin – Why?

Cryptonews2024/08/02 15:51
By:Cryptonews
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

Investors Overlook Cardano and Fantom For This New Exchange-Based Altcoin – Why? image 0

The crypto market picks up momentum, with speculators anticipating a return to the March high when BTC broke past $70,000. With the year’s second half promising more gains, investors have been looking beyond top coins like Cardano (ADA) and Fantom (FTM) to make the most of this bullish wave.

Instead, traders have been betting big on presale tokens and low-cap gems. At the forefront is this new exchange-based token, DTX Exchange (DTX) , a hybrid trading platform with astounding upside potential. Between its novelty and significant growth prospects, it checks off several key boxes, making it a new investor favorite.

DTX Exchange (DTX): Poised to Transform the Global Trading Market


DTX Exchange (DTX) is a unique trading platform that aims to address the shortcomings of traditional trading platforms while integrating the best features of DEX. This makes it a much-needed bridge between the crypto world and traditional financial systems.

One of its key objectives will be financial inclusion—providing a wide range of markets for traders. Users will have access to hundreds of thousands of assets across cryptocurrencies, stocks, forex, bonds and commodities. Further perks include its 1,000x leverage and no KYC requirements.

In light of the above, it is poised to break into and potentially reshape the $10 billion global trading market . With adoption all but certain, investors have been betting big on DTX ahead of established players like Fantom and Cardano. It is currently in the second presale round and a token is priced at $0.04. Regarding its growth prospects, analysts project an astounding 65x jump post-launch.

Cardano (ADA): Limited Upside Potential


Cardano (ADA) is a top-ten cryptocurrency, boasting leading status. Besides its high standing on the crypto ladder, it also plays a vital role in the Layer-1 ecosystem as a provider of DeFi solutions. Its blockchain and smart contract platform allow the creation of cutting-edge decentralized applications (dApps), similar to Solana and Ethereum.

However, despite its leading status and solid fundamentals, its upside potential is limited. Critics believe that the Cardano price will likely not reclaim its 2021 all-time high (ATH) of $3.10 and any big leap will only be a flash in the pan.

Given previous growth, its long-term outlook isn’t as promising, especially compared to new and emerging altcoins. A top Cardano price prediction hints at a rally past $1 at the peak of this bull run—a 3x rally at best.

Fantom (FTM): On a Free Fall


Fantom (FTM) is also a top altcoin and a Layer-1 blockchain platform. It provides DeFi services to developers but with its consensus algorithm, Lachesis. Its unique offering revolves around solving challenges associated with smart contract platforms, specifically transaction speed, which contributes to it being a favorite destination.

Earlier this year, the team announced it was building a new high-throughput chain named Sonic . Alongside the launch of this network, Sonic Labs will be introduced, which is expected to drive growth among dApps. Ironically, the Fantom price has been on a free fall since this announcement, retesting $0.4 from $0.9, although the wider market decline also contributed to its bearish woes.

While a return above $1 is possible, the potential gain is nonetheless paltry. Hence, savvy investors have been overlooking Fantom crypto for more promising altcoins, especially presale tokens with real use cases.

Conclusion


Given DTX Exchange’s substantial growth prospects, investors overlook Cardano and Fantom. This new DeFi project is on a bullish path thanks to its blend of TradFi and DeFi. With the presale offering an opportunity to become early adopters, we believe it is one not to miss out on.

Visit the official DTX Exchange (DTX) Website for the latest updates and information.

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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