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"ADA Whales Target DTX, DeFi Token Surges 700%

Coin WorldWednesday, Jan 29, 2025 8:20 am ET

1min read

Cardano (ADA) whales have been actively targeting a DeFi token, DTX Exchange, which has recently surged by 700% to reach $0.16 and is expected to hit $2 soon. The token has onboarded over 400,000 wallets and is considered one of the most promising ICOs in the DeFi market. Chandler forecasts that the value of Dogecoin (DOGE) could reach $1 before the end of this cycle.

In recent weeks, Cardano (ADA) whales have been selling large amounts of ADA, with over 180 million tokens sold. Despite this, the price of ADA has remained relatively stable, ranging between $0.85 and $1.10. Analysts remain optimistic about a potential price rally, and MitchX predicts that the value of ADA could surge to $3.09 soon. Ali Martinez suggests that the altcoin price might hit $1.50 if it breaks the resistance at $1.10.

Dogecoin (DOGE) has also been in the spotlight, with the TD Sequential for DOGE flashing a buy signal. Analysts expect a price rebound in the coming days, with Surf predicting that the Dogecoin price might pump to $4.2 soon. Chandler notes that the memecoin is about to hit a new yearly peak, citing historical trends in the past year that show the value of Dogecoin crypto has soared by 112% above its previous high. The expert forecasts a target of $1 if this trend repeats itself this year.

DTX Exchange (DTX) is a multi-asset trading platform that allows users to trade over 120,000 asset classes, including cryptocurrencies, equities, forex, precious metals, and other tokenized real-world assets (RWAs). The platform is designed for both retail and institutional traders and offers a no-KYC model, allowing users to trade anonymously without restrictions. DTX Exchange also provides a non-custodial approach, enabling users to control their funds. The platform is currently in the presale stage and is trading at $0.16.

Investors who are looking for the next blue-chip coin that could rival top OGs should consider newcomers like DTX Exchange. The project seeks to create

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