Cardano (ADA) Struggles Around $1; Toncoin (TON) Retests $6 – DTX Exchange Nears $9M in ICO Funds as Launch Date Approaches

November 25, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This year’s Bitcoin halving, successive BTC all-time highs and Trump’s electoral victory have been the catalysts for this bull market. Cardano (ADA) leads the altcoin market in gains but struggles around the $1 support. Meanwhile, Toncoin (TON) retested $6, continuing its recovery.

DTX Exchange (DTX), a new DeFi token, is also in the spotlight. It experienced massive investor interest as a new player at the intersection of traditional and decentralized finance while combining the best elements of CEX and DEX. With almost $9 million raised in early funding, it is poised for an explosive debut.

DTX Exchange (DTX): Explosive Debut Approaches

DTX Exchange (DTX), a top ICO, is quickly becoming one of the most highly sought-after. The ongoing presale crossed $8.7 million, highlighting growing interest and confidence. As it approaches what might be an explosive debut, experts believe it might be the best presale to invest in this quarter.

In round 5, a token is massively underpriced at $0.10. At the currently undervalued price, it has plenty of room for growth—one of its many attractions. Meanwhile, industry experts project a 65x rally after its debut, poised to challenge the dominance of top crypto coins like Cardano (ADA) and Toncoin (TON).

Boasting more than just gains, its hybrid exchange protocol is designed to reshape the $10 billion global trading scene. Unlike conventional exchange protocols, it will combine the best elements of centralized and decentralized exchanges. Further, as a one-stop platform, users will be able to trade thousands of asset classes across stocks, ETFs, forex and cryptos, setting it up for massive adoption.

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Cardano (ADA) Targets Breakout

Cardano (ADA) is one of the best altcoins, standing out for its solid fundamentals and bullish price actions. Outperforming most top altcoins, the Cardano price soared over 190% in the past 30 days, crossing $1. It increased by 30% in the past seven days but is experiencing a slight dip in price.

It trades below the $1 mark, proving a tough resistance. However, key indicators like the 10-SMA and 10-EMA suggest a bounceback. About 70% from a new peak, Cardano (ADA) is among the best cryptos to invest in.

At the same time, experts are bullish. Despite recent struggles, Av_Sebastian identified a triangle pattern, saying a breakout might push the altcoin above $1.25. According to them, chances are “slightly higher to the upside.” Meanwhile, giving a more ambitious forecast, ADA_ONEVETCOTI sees ADA hitting $10.

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Toncoin (TON): Breakout Above $6 Might Spark a Bounce

Toncoin (TON), one of the top crypto coins, is among the top 15. Despite having a remarkable first half of the year, recent months have been underwhelming. However, with recovery gaining steam, the Toncoin price soared 9% on the weekly chart and 25% in the past month.

It trades above $6, retesting levels last seen in August. With technical indicators like the MACD (12, 26) and 100-SMA pointing to further gains, Toncoin (TON) might be one of the best altcoins to invest in.

Further, X_Four_iv, a crypto analyst, believes the $7.29 target is achievable for Toncoin (TON). CryptoBoj, another analyst, has $8 as their first target, positioning TON among the best coins to invest in.

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DTX Exchange (DTX): A New Altcoin to Watch Alongside Cardano (ADA) and Toncoin (TON)

DTX Exchange (DTX) is a new altcoin at the crossroads between TradFi and DeFi. By combining the best elements of CEX and DEX and providing a one-stop platform for trading thousands of asset classes, it is on the cusp of massive adoption. This makes it a new altcoin to watch alongside Cardano (ADA) and Toncoin (TON).

Learn more:

Best Presale

Visit DTX Website

Join The DTX Community

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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