Will Cardano (ADA) Surpass $1 By End 2024? Here’s What Experts Say About Toncoin and DTX Exchange
The post Will Cardano (ADA) Surpass $1 By End 2024? Here’s What Experts Say About Toncoin and DTX Exchange appeared on BitcoinEthereumNews.com.
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.…
Filed under: News - @ September 21, 2024 1:23 pm