Top 2 Altcoins This Christmas: Cardano (ADA) & DTX Exchange
The crypto market is very active as investors look for the next big opportunity this Christmas. With many different altcoins getting attention, it’s important to choose the ones that can grow the...
The crypto market is very active as investors look for the next big opportunity this Christmas. With many different altcoins getting attention, it’s important to choose the ones that can grow the most.
Although Avalanche (AVAX) has been a major player, other altcoins might do even better this season. In this article, we will explain why Cardano (ADA) and DTX Exchange are the top choices for reaching new high prices, leaving AVAX out of the list.
Upgrade Now: Avalanche Validators Must Move to v1.12.0 Before Etna Launch
Avalanche (AVAX) validators are going to update their nodes to version v.1.12.0 before the Etna mainnet goes live on December 16th at 17:00 UTC.
Avalanche (AVAX) is a blockchain platform designed to run decentralized apps and create custom blockchains. Its key benefits are high speed and low delay, making it perfect for applications that need to scale. Avalanche (AVAX) can handle over 4,500 transactions per second with only a few seconds of delay.
Avalanche (AVAX) uses a special consensus model called Avalanche (AVAX) Consensus, which makes it faster and more reliable than other blockchains. It works by having validators vote repeatedly, speeding up the process. Avalanche (AVAX) also supports horizontal scaling through subnets, allowing you to create custom blockchains that work with the main network. There’s no limit to how many subnets can exist.
The Avalanche (AVAX) network is made up of three connected blockchains:
1. Platform Chain (P-Chain) — Coordinates validators, keeps track of active subnets, and allows you to create new ones.
2. Contract Chain (C-Chain)— Lets you create smart contracts compatible with Ethereum.
3. Exchange Chain (X-Chain) — Handles fast asset exchange.
The platform’s token is Avalanche (AVAX), which is used to pay for transaction fees, participate in consensus by staking, and support the network’s infrastructure.
Dan Gambardello Predicts Cardano (ADA) Could Hit $2 by January, Eyes $3 by January 24!
Dan Gambardello, founder of Crypto Capital Venture, is optimistic about Cardano (ADA) hitting new price levels as early as January. He believes Cardano (ADA) could reach $2 soon, based on “cycle data” he has analyzed.
Gambardello predicts that Cardano (ADA)’s price spike to $2 will happen faster than most people expect. He thinks that, using technical analysis, historical price patterns, and upcoming updates, Cardano (ADA) could hit $2 soon.
He also believes that Cardano (ADA) could go back to $3 by January 10, based on cycle data. However, to be cautious, Gambardello has adjusted his prediction to January 24, allowing for any delays in the market’s response or slower momentum.
This suggests that Cardano (ADA) might reach new price highs in the first two weeks of 2025. The last time ADA hit $3 was during its bull run in August 2021. Although Gambardello’s optimistic timeline for $3 is January 24, he remains confident about the potential for Cardano (ADA)’s price increase.
Investors are watching closely as Cardano (ADA) has gained significant interest, with traders increasing their positions. This surge in interest could help Cardano (ADA) reach the higher price levels Gambardello predicts. However, some experts warn that other factors could impact Cardano’s rally, and Gambardello’s prediction remains speculative.
Dtx Exchange Raises $10 Million in Presale, Set To Revolutionize Multi-Asset Trading
DTX Exchange is changing how people trade by offering a platform where users can trade cryptocurrencies, forex, stocks, and CFDs (contracts-for-differences). While it works like other exchanges, DTX aims to make the experience better with advanced features and technology.
The presale of DTX has been very successful, raising $10 million in Round 6, faster than many other altcoins. The platform has already launched important products like the Phoenix Wallet and VulcanX blockchain.
Right now, DTX tokens are priced at $0.12, but this will increase to $0.14 in the next round, giving early investors a chance for big returns. DTX is unique because it combines traditional finance and digital assets on one platform.
The exchange will allow trading across stocks, crypto, and forex, while keeping strong rules for security and fairness. With the presale raising $10.1 million, DTX Exchange is quickly becoming a key player in the DeFi world as it moves toward its next stage.
Cardano Catalyst Project - Discover and Vote for our proposals in Fund 13 by December 12, 2024 11:00 UTC
If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Cast your vote today, find our proposals by searching "CardanoFeed" in the Voting App.Vote for Us