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Cardano and Solana whales are stacking up on a new altcoin with the potential for 50x gains. Find out which one in this article.
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Whales in the crypto space can often make waves just by buying a specific token. Major whales from top altcoins like Cardano (ADA) and Solana (SOL) have recently been stacking up on a newcomer. They are diversifying their portfolios with DTX Exchange (DTX) – a phase four presale star that has already raised nearly $5m.
According to expert projections, DTX could raise $6m before the end of the month. Given DTX Exchange’s aim to revolutionize online trading with its one-of-a-kind trading platform, whales eagerly expect potential returns of up to 50x.
Charles Hoskinson spotlights a new Cardano Upgrade
Cardano is a well-known altcoin in the crypto sector. Recently, its founder Charles Hoskinson highlighted that Cardano is rigid at the moment and approved a new upgrade that could change this. Cardano Blockchain developer Andrew Westberg said this upgrade will improve its intent processing with nested transactions.
In other Cardano news, its value has seen a slight jump. CoinMarketCap shows that Cardano soared nearly 10% on the monthly chart. Currently, the Cardano crypto is trading between $0.33 and $0.35. This altcoin is also sitting above its 10-day EMA ($0.354) and its 20-day EMA ($0.355). Because of these factors, experts forecast a potential surge to $0.38 for Cardano before the end of October.
Solana USDT now available on Allbridge
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Author: Guest Post