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TimesTabloid 2025-01-04 20:00:35

This Altcoin Could Replace Cardano From Top 10 List After Introducing Support For SOL ETF

Cardano (ADA) fails to impress investors, as the coin started 2025 on a bearish note. Many are questioning its ability to rebound. Amid this, a new AI token is becoming the talk of the town. Experts believe it will shake up the market and knock off Cardano from the top crypto spots. Additionally, there is a rumor that this new coin will support SOL ETF soon, further boosting its price. But let’s take a look at why Cardano is becoming such a disappointment. Investors Stay Upbeat on Cardano Despite Slow Growth Cardano (ADA) currently occupies the ninth spot on CoinMarketCap’s top list with a market capitalization of over $33 billion and a price of $0.9. In the last months of 2024, Cardano broke records and caught the attention of many. ADA hit its highest point since August 2021, up over 230%. In November, its market cap beyond $40 billion for the first time in three years and made it one of the most impressive crypto performers. However, the excitement has subsided. ADA’s price has plummeted from its peak this year. On the technical front, the price dropped below a key trading range, raising concerns about future losses. Panic selling has diminished, but investors are watching the $0.90 support level to avoid deeper losses. In spite of the dip, some investors are still optimistic. Cardano’s falling wedge chart pattern suggests a potential bullish breakout. It’s also holding above its 100-day EMA and key Fibonacci levels, which could fuel a rebound. Plus the upcoming launch of the Midnight mainnet in 2025, which will focus on privacy, offer long-term growth potential for ADA. Source: Crypto.news DTX Exchange: Smashing Records with Top AI-Based Tools and Functionalities While Cardano might bounce back in 2025, there is another coin that is catching on big time. It’s called DTX Exchange (DTX) which is an AI-powered platform that is causing a buzz in the crypto world. This platform aims to smash traditional crypto exchanges with its hybrid platform. DTX offers a whopping 120,000+ asset classes allowing traders to trade forex, equities and cryptos, all on a single platform. This means no more switching accounts to switch between accounts, which can be a hassle. Plus, you can even trade ETFs, and SOL ETF is rumored to be supported soon, which will make its price skyrocket. Its user-friendly interface makes trading an easy experience, and you can manage your portfolio on global markets easily. In addition, The DTX Exchange runs on the VulcanX layer-1 blockchain, which is perfect for fast trading and scalability. With up to 1,000x leverage and order execution speeds as fast as 0.4 milliseconds, DTX lets you profit big from sharp market changes. Further, DTX Exchange’s robust features elevate it to a whole new level. With its advanced analytical tools, traders can analyze a lot of data and find profitable opportunities. And tools like algorithmic trading, which automates any strategy to capture sudden price changes, make this platform stand out from the crowd. Luckily, DTX Exchange is offering DTX tokens for $0.14 during its presale to show everyone what the exchange is all about. Several on-chain metrics indicate that more than 300,000 DTX tokens are already in the wallets of crypto traders. And the number will skyrocket very soon. The presale blew away expectations and accumulated $11 million in a short time. Analysts believe DTX could deliver huge returns once the platform goes live. So take advantage of the token’s low entry price and get into DTX Token early on the ground floor of a promising project. Conclusion Cardano’s path to recovery remains hazy, with mixed signals about its growth potential. Concurrently DTX Exchange emerges as a promising alternative with cutting-edge AI technology and a broad range of assets. The DTX is positioned to disrupt the market, so investors should take advantage of the opportunity to get in early and reap the benefits. Learn more about the DTX Exchange by clicking here: Buy Presale Visit DTX Website Join The DTX Community Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post This Altcoin Could Replace Cardano From Top 10 List After Introducing Support For SOL ETF appeared first on Times Tabloid .

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