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SUI has recently been dragged into a $400 million controversy, with allegations of dealing with massive insider token sales. Meanwhile, the Cardano (ADA) price performance has failed to show anticipated conversions. However, DTX Exchange (DTX) is leading ADA and SUI with its mind-blowing 1,000x leverage and insane $5 million presale collection at $0.08 per token.
SUI Price Drops Amid Insider Token Dump Controversy
SUI Foundation is currently experiencing a heated controversy involving a hidden token transaction of over $400 million. Expert crypto analyst Lightcrypto highlighted this matter regarding the high-volume insider token dump. He stated that the network insiders sold $400 million worth of SUI tokens to retail investors, leading to this controversy in the platform.
Responding to the accusation, the SUI Foundation evidently denied allegations of massive insider token sales, making it clear that no insiders sold $400 million worth of tokens during their recent price surge in the SUI network. The platform reassured SUI holders that no one engaged in suspicious token sales or breached the lockup periods or even circulating supply rules.
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The SUI Foundation published the clarification statement when the SUI price set a new all-time high, trading at $2.34 per token on October 13. SUI also introduced USDC to its network, among other various platform advancements. The USDC integration will allow users to access digital dollar savings without relying on obsolete and risky traditional banking systems.
Cardano (ADA) Fails To Keep Up With Market Bulls
While Cardano (ADA) is praised as one of the most talked-about projects in the crypto market, its recent price performance hasnât attracted many investors. As a result, its $249 million trading volume has dipped by almost $5 million, indicating a lack of interest from investors. All in all, the Cardano (ADA) networkâs high-end blockchain upgrades did not push it back to the bullish days.
Even though Cardano (ADA) brought smart contracts to its blockchain with the Alonzo upgrade, itâs still trading at around $0.36 per token. The Cardano (ADA) price increased by only 45% compared to 2023. In terms of comparison, PEPE has recorded over 1,500% price growth within the same time period, while this crypto giant failed to keep up with the shifting market trend.
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While many various altcoin projects are witnessing a comeback and renewed investor confidence in their respective networks, Cardano (ADA) is facing tough recovery challenges. If any coin will be 100x in the coming months, crypto experts are convinced that it wonât be Cardano (ADA). That being said, some analysts also forecast a potential breakout if Cardano (ADA) breaks through its resistance levels.
Investors Flock To DTX Exchange (DTX) As The Next 100x AI-Crypto
With SUI and Cardano (ADA) under the turbulent phase, the DTX Exchange (DTX) is drawing investor interest toward its highly bullish presale frenzy. As of October 18, the next-gen hybrid platform has bagged another $200,000 to its $5 million presale milestone. Retail traders and short-term investors are increasingly becoming a part of this highly successful presale sensation.
DTX Exchange (DTX) has incorporated state-of-the-art infrastructure into its platform to help traders access advanced tools and APIs that allow them to benefit through automated trading strategies. Also, the platform has gained the trust of the investor community through its strict compliance with acting policies of International Financial Regulations to safeguard user data.
DTXâs $0.08 Altcoin Is The Best Cardano (ADA) Alternative This Cycle!
Closely monitoring DTX Exchangeâs robust success in the volatile market, analysts are claiming it to be the best $0.08 alternative to Cardano (ADA) in the upcoming bull cycle. They point towards the fact that DTX is far more affordable than Cardano (ADA) and has a highly bullish presale chart to predict future rallies in the coming weeks.
As Cardano (ADA) and SUI fail to keep up with the changing crypto market dynamics, DTX Exchange (DTX) is defying the market sentiment with its highly bullish presale rally that has already sold over 14 million tokens before time and aims to go sky high in the near term.
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