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Cryptocurrency News Articles

Cardano Whales Invest $1.4M in DTX Exchange as SUI Blockchain Rises Past the $3 Milestone

Nov 12, 2024 at 08:14 pm

After seeing double-figure gains across top cryptocurrencies, Cardano (ADA) whales made headlines by investing $1.4 million in a trending altcoin known as DTX Exchange (DTX).

Cardano Whales Invest $1.4M in DTX Exchange as SUI Blockchain Rises Past the $3 Milestone

Cardano (ADA) whales made headlines on Monday by stashing away $1.4 million in a trending altcoin as crypto markets reacted to the US election results with double-figure gains across the board. Meanwhile, SUI Blockchain smashed past the $3 milestone to reach a new all-time high.

After seeing top cryptocurrencies register double-figure gains, Cardano whales wasted no time in deploying capital, with a hefty $1.4 million in profits being stashed away in the ongoing presale for DTX Exchange (DTX).

This shift in capital away from Cardano and into a promising altcoin highlights the growing interest among large investors in high-potential altcoins, suggesting that strategic moves are being made as Cardano’s major players begin to reallocate funds.

Crypto markets reacted positively to the US election results on Monday, with a 79 Fear and Greed Index (FGI) signaling extreme greed. Post-election markets saw a post-Thanksgiving rally, and DTX Exchange emerged as one of the top performers, with Cardano whales pumping $1.4 million into its ongoing presale.

DTX Exchange aims to decentralize CEX systems with unique features that will level the trading field for institutions and retail traders. With leverage as high as 1,000x and global market access, traders on DTX Exchange will be able to spread their portfolios across several classes, including equities, foreign exchange, and CFDs.

Furthermore, DTX Exchange offers anonymous trading options via its non-custodial wallets and cold storage option. As an extra measure, DTX Exchange carries out penetration testing and security audits to identify potential vulnerabilities. The use of blockchain technology also ensures the immutability and transparency of DTX transactions.

As excitement builds, more investors are viewing the current DTX presale as the best entry to the DeFi platform. Currently priced at $0.08 per token, the fourth stage of DTX presale marks the last chance for investors to get into the DTX Exchange for less than a cent. Analysts are predicting a 55x post-launch rally as DTX tokens grow to become the currency for cross-platform interoperability.

For more information, visit the DTX Exchange presale website and join the online community.

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