Market volatility has a huge impact on the trajectory and price action of altcoins. The current bull run witnesses Cardano (ADA) as a key coin left baffled by the market sentiments. Market volatility has left analysts confused about whether Cardano will surpass the $1 mark!
On the contrary, Toncoin (TON) and DTX Exchange (DTX) continue to surge exponentially. Analysts are highly optimistic about the future of these altcoins, suggesting investors opt for the TON and DTX tokens.
Cardano (ADA) Soars As Whales Step In!
Recently, Cardano (ADA) has seen significant market activity. Cardano (ADA) has begun a recovery phase following a period of decrease this week, during which the price dropped by almost 4%. As of press time, the virtual asset is trading for $0.3503, indicating over 6% increase in just one day.
The current price recovery seems to be driven by strong whale activity rather than being driven by the overall market mood. The amount of large transactions (those worth $100,000 or more) has significantly increased, according to data from blockchain analytics, IntoTheBlock. These transactions rose by more than 10% over 24-hours.
Whales transferred 19.5 billion Cardano (ADA) coins in this period, which is almost $6.48 billion. This level of activity is very remarkable with more than 3,100 significant transactions reported in a single day. This number is getting close to the weekly peak of 3,320 transactions, which points to a noteworthy trend in the trading of Cardano (ADA).
The upward trend persuades market observers that Cardano (ADA) can easily surpass the $1 milestone and become a big player soon! This increasing buying activity trend could result in Cardano’s (ADA) best weekly performance of September if it continues over the next several days.
Toncoin (TON): Bulls Takeover TON Movement
Green candles have taken hold of Toncoin (TON) price charts. The price of Toncoin (TON) increased by almost 10% in a week, according to CoinMarketCap data. Due to the several airdrops that Toncoin (TON) will be receiving this month, there has been a lot of excitement surrounding the cryptocurrency. For instance, before September ends, the games Catizen and Hamster Kombat will both begin their token airdrop.
Emperor, a crypto analyst.SOL also expressed optimism for the Toncoin (TON) network. He claims that Toncoin (TON) might reach $10 in his X post. Despite the bullishness of this Toncoin (TON) price prediction, some traders are still wary because the value of TON dropped by about 15% on the monthly chart.
The sudden surge of over 46% in the trading volume of Toncoin (TON) with an increase of 5% in the Toncoin (TON) price has helped soothe investors. Market analysts anticipate massive gains following the price trajectory of Tonncoin (TON).
DTX Exchange (DTX) Raises $2.6M: Buying Frenzy Continues!
DTX Exchange (DTX) is among the best presales in the cryptocurrency market in the current session. It has raised over $2.6 million thus far, with the possibility to reach $3 million by the end of next week, demonstrating its exceptional success. This performance has not been ignored, as millions of traders worldwide find DTX Exchange to be their favourite project, according to Crypto Infinity.
DTX Exchange will combine the best of DEX and CEX into one place. Outshining other established players, this hybrid trading platform will let you buy FX, gold, crypto coins, and over 120,000 asset classes at 1000x. Additionally, DTX Exchange will not need any sign-up KYC checks, which gives everyone privacy when trading.
The DTX utility token is the fuel behind this platform. Holding it will give access to better analytics tools and governance voting rights. It costs $0.06 in Stage 3 of its presale—a 300% rise from its starting price of $0.02. But this value will jump another 33% to $0.08 after Stage 4 begins. Analysts expect another 30x increase after a Tier-1 CEX lists DTX soon.
Key Takeaways
- Whales push Cardano (ADA) prices to new heights.
- Bulls push the Toncoin (TON) trading volume up by 46%.
- DTX Exchange (DTX) remains undefeatable with a $2.6 million presale raise.
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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.