"DTX Surges 200% as ADA Plummets: Bullish On-Chain Data Drives Investors to Exchange"

On-chain data is painting a bullish picture for an ERC-20 coin, suggesting a potential 200% surge before Cardano (ADA) drops to $0.64. The crypto market has been volatile following a recent mini-bull run, with altcoins facing bearish pressure. However, savvy investors are rotating funds to DTX Exchange, as its on-chain metrics indicate constant growth.

Reports show an 85% increase in unique active wallets holding the DTX token over the past month, pushing the total count above 400,000 active wallets. This surge is attributed to the DTX presale entering its final stage and preparations for the mainnet launch. Meanwhile, Cardano (ADA) is facing a bearish trend, with its price declining by nearly 11% in the last seven days and breaking the $1 support level.

Experts believe that DTX Exchange (DTX) could surpass Cardano (ADA) after its listing on tier-1 exchanges. The Cardano price analysis reveals a potential storm cloud forming for ADA, as the price has formed a double-top pattern, resulting in a 21% drawdown to $0.91. The ADA price is currently trading just above the neckline of the pattern, and if this threshold breaks, it could initiate another leg of the bear trend, dragging the price below the $0.60 level.

The next two immediate support levels for the Cardano price are $0.88 and $0.80, while $1 will be a tough psychological hurdle to clear on the long side. In the last 24 hours, the trading volume for the Cardano price has increased by 50%, indicating that many traders are liquidating their positions in the downtrend.

The Hydra Doom Tournament, a high-stakes gaming competition, has highlighted both the classic game Doom and Hydra’s impressive scalability on the Cardano (ADA) blockchain. The tournament, which includes a mix of online and live events, has delivered remarkable results, showcasing Cardano’s strength in blockchain scalability and setting a potential benchmark for the industry.

The final stage of the DTX Exchange token presale has increased demand for the project due to its immense potential in the trading landscape. DTX Exchange is the first-ever hybrid exchange combining the best of