Utility tokens have taken the lead over established meme coins, preparing to give better gains than the most bullish meme coins! The current session witnesses three utility tokens all geared up to outpace SHIB tokens.
These include SUI Blockchain, Cardano (ADA), and DTX Exchange. These utility tokens are set to leave the Shiba Inu price trajectory in the dirt with their explosive potential and huge ROI!
Shiba Inu Price Analysis: SHIB Momentum F Correction
Shiba Inu’s price, which peaked at $0.000033 earlier in Q4, has pulled back to $0.00002121 due to the broader market downturn. Despite the volatility, SHIB remains the most traded token on India’s CoinSwitch exchange, showcasing its sustained popularity across shores. With this, Shiba Inu’s (SHIB) robust community and developments like Shibarium continue to solidify its position as a leading meme coin.
The resilience of Shiba Inu’s price is evident in its ability to retain investor interest through volatility. As one of the most recognizable meme coins, SHIB is expected to grow substantially and surpass its previous highs during the next market rally, albeit likely limited to gains below 15x. However, some utility tokens have prepared to leave the Shiba Inu price trajectory behind and emerge as better investment options.
Cardano (ADA) To Make New Highs In 2025
Cardano (ADA) is capturing significant attention as it mirrors historical patterns that suggest a major breakout is on the horizon. The current price trajectory for Cardano (ADA) closely resembles its 2021 bull cycle, and increasing whale activity indicates growing confidence for Cardano (ADA) amongst big buyers.
The incoming pro-crypto Trump administration, set to take office in January 2025, offers a promising regulatory backdrop for the crypto market, including for Cardano (ADA). Charles Hoskinson’s potential advisory role within the administration adds credibility to Cardano’s standing in the blockchain space, and regulatory clarity could provide a significant boost to Cardano, particularly as it shifts toward becoming a Bitcoin Layer-2 chain by mid-2025.
Cardano (ADA) is also strengthening its ecosystem with the introduction of Lace, a native wallet designed to streamline user interactions with the blockchain. With plans for a mobile app down the line, Lace aims to attract millions of users, positioning Cardano (ADA) for broader adoption and reinforcing its appeal as a leading blockchain network, similar to what PhantomWallet did for Solana.
Many analysts project a realistic price target of $5 to $6 for Cardano (ADA) during the 2025 bull run, with potential for even higher gains if adoption accelerates and broader market sentiment remains positive for Cardano (ADA).
SUI Blockchain Expects Final Bullish Wave To Break Above $5
SUI blockchain has rallied more than 900%. The recent daily rally started in August 2024, and the SUI blockchain established an impulsive 5-wave structure to the upside. In addition, it reached the 1.618 Fibonacci extension area around $4.7 before ending the cycle.
The SUI blockchain is currently showing 3 swings from all-time lows, and consequently, it’s expected to finish 4th swing pullback and then start another 5th swing to the upside.
The current correction is looking for a short-term extreme equal legs area at $3.7 – $3.1. Moreover, it’s also the 23.6% – 38.2% Fibonacci retracement of the entire rally.
Consequently, the SUI blockchain will find buyers again and then turn to the upside, looking for new all-time highs to break above $5. Thus, the SUI blockchain daily structure remains bullish, and the current pullback will find support in swings then, a final move to the upside will take place before ending the entire 5-wave advance and starting a larger 3-wave correction.
DTX Exchange: All-In-One Trading Revolution Raises $11 Million!
2024 is coming to its conclusion, and an unexpected player has joined the race to be one of the leading crypto projects of the year, and there’s a high probability that it will grab that title. This utility token has raised over $11.34 million within its presale stage 7.
We are talking about DTX Exchange (DTX), it is an upcoming exchange platform that is changing the trading scene with its unique offerings. It is bringing a diverse range of assets like cryptocurrencies, ETFs, stocks, bonds, and a lot more to a single platform.
This platform aims to save traders from the hassle of switching between different platforms by offering 12,000 tradable assets. This is enabled by their layer-1 blockchain VulcanX, which connects old-school assets to modern-day ones.
The blockchain has already launched its testnet and is anticipated to provide TPS of over 100,000, making it one of the leaders in the industry.
Key Takeaways
Utility tokens have surpassed well-known meme coins and are poised to outperform the most optimistic meme coins in terms of returns! Three utility tokens are on track to surpass SHIB tokens in the current session. These consist of DTX Exchange, Cardano (ADA), and SUI Blockchain. With their enormous ROI and explosive potential, these utility tokens are poised to completely upend the Shiba Inu price trajectory!
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
