Here’s Why Bleeding ADA and MATIC Whales Are Jumping Ship to Hybrid DTX Exchange (DTX)
As Cardano (ADA) and Polygon (MATIC) face tough times with their prices dropping, large investors, known as “whales,” are moving their money to a new platform called DTX Exchange. DTX is gaining attention with a successful presale, raising over $2 million and aiming for $3 million soon.
This hybrid trading platform promises fast transactions, access to over 120,000 different assets, and high leverage, making it appealing to many traders. In this article, we will discuss why these whales are making the switch.
Cardano’s on edge ahead of major Chang hard fork
The price of the cryptocurrency Cardano (ADA), the native token of the Cardano (ADA) blockchain, makes an eye-catching performance toward the end of the week. What’s particularly eye-catching is that it comes less than 10 hours before a key blockchain event — a hard fork codenamed Chang.
Cardano (ADA)’s price performance can be characterized by the phrase “on the edge.” Thus, losing 3-4% of its quotes during the week, by the end of the week the Cardano token came to the critical level of $0.3444.
In mid-August, Cardano (ADA)’s price broke this block upward, but by Sept. 1, it had fallen back to its bottom and had even broken downward at this point. It is not clear how the hard fork will affect the price of Cardano (ADA), but this situation definitely adds interest to the event.
MATIC price dips amid market volatility, But reversal hopes remain
The top crypto coins list constantly shuffles, with the most consistent gainers heading up the list while losers slip down the ranks. Polygon (MATIC) has been among the top trending tokens, but the Polygon (MATIC) price is finding profits hard to come by, and the bears might just take over.
The past week saw Polygon (MATIC) dip by 22.22%, falling to its support levels at $0.41. Polygon’s dip followed a spike in NFT sales and cryptocurrency exchange traffic on the ecosystem, leaving traders with one big question: why?
However, with a new transition underway, network activity has spiked on Polygon (MATIC). Some analysts tip the Polygon (MATIC) price for a reversal in the coming days despite its notably bearish outing this week.
DTX exchange gains big investors as ADA and MATIC struggle
While Cardano (ADA) and Polygon (MATIC) are dropping in value, big investors are putting their money into a new trading platform called DTX Exchange.
DTX Exchange (DTX) has blasted up in its presale rounds, emerging as a smart investment choice with its unique technologies and testnet performance. The platform competes with existing marketplaces and holds a major competitive edge with gas-free trading, AI-based automation, and a 1000x leverage feature to empower traders with unmatched tools.
The record-breaking presale performance of DTX Exchange (DTX) in batch 2 has defied market expectations after raising $2 million and kicking off its batch 3 with a bullish capital influx. DTX platform advances with its transformative performance, high speed, and global scope with pairs from diverse financial sectors including forex, cryptos, equities, and CFDs.
The DTX tokens are flourishing in demand as over 15,000 users have stockpiled them at a low price of $0.06. As the token gears up to reach the $1 level post-mainnet launch, savvy investors rush to fill bags before the flight takes off, positioning themselves to profit up to 25x once the tokens hit CEX platforms.
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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.
