Due to positive market sentiment before Trump’s inauguration ceremony, Dogecoin started the New Year on a bullish note. Cardano (ADA) also broke the $1 threshold to continue on the road to higher gains this January. However, according to data by Coinbase exchange, major flow from DOGE to ADA is witnessed due to its upcoming ground-breaking developments.
Furthermore, as capital rotates from Dogecoin (DOGE) after bullish gains, another altcoin leads the investment funnel due to its competing performance and utility against Cardano (ADA). This makes this $0.14 altcoin the next moonshot crypto to acquire before its upcoming Coinbase listing after Trump takes office.
Dogecoin (DOGE) Rally Capped at $0.38 After 20% Weekly Pump
Dogecoin price has surged more than 20% in the past week due to Elon Musk actively promoting the meme culture and New Year hype. Over $413 million of DOGE tokens have been accumulated since the start of January, indicating bullish momentum for Dogecoin, as this month is considered one of the best 30 days for the DOGE price trend.
Source: CoinMarketCap
However, technical data shows strong resistance for Dogecoin at the $0.38 price level, and the dropping trading volume suggests weakened bullish pressure due to profit-booking. This trend has caused the DOGE to slow down below a strong price ceiling and is expected to consolidate to immediate support levels before the January 10 court order for Donald Trump.
Cardano (ADA) Attracts Utility Investors Amid New Developments
Cardano (ADA) is emerging as a major alternative for Dogecoin as profit makers start rotating capital amid ongoing developments. The expansion of the Lace wallet and Charles Hoskinson’s plans for Bitcoin integration in 2025 make the Cardano (ADA) ecosystem the center of attention for global traders under a crypto-friendly Congress.
Experts believe Cardano (ADA) will react bullishly after Trump officially takes office on January 20, reclaiming the 2021 highs with a historic comeback. Cardano (ADA) has already gained over 23% in the last 7 days, and it sees the $1.39 price level as the next bullish target amid increasing market optimism and trading volume.
DTX Exchange (DTX) Tops Investment Charts After $11.3M Presale
DTX Exchange (DTX) is setting a new benchmark in the trading industry with its innovative technologies and commitment to redefining traditional trading practices with its hybrid approach. The project has gained significant momentum, raising an impressive $11.3 million during the 7th batch of its public presale.
With a focus on delivering a seamless trading experience, the DTX platform caters to novice and experienced traders, enabling them to maximize profits with 1000x leverage. DTX offers access to over 120,000 digital assets across stocks, cryptocurrencies, bonds, commodities, and CFDs, powered by its hybrid VulcanX Layer-1 blockchain.
DTX Exchange continues to lead the market with groundbreaking features such as quant and algo trading, advanced risk management and automation, and a 3% VIP Rebate Program, designed to promote participation in the platform’s growth. Global investors eager to capitalize on its early-stage price of $0.14 see its path toward $1 following the platform’s mainnet launch after Trump’s inauguration.
Key Takeaways
Dogecoin (DOGE) whales shift capital into Cardano (ADA) for utility-driven gains in the upcoming price rally. However, the spotlight increasingly turns to DTX Exchange (DTX), an innovative platform blending advanced trading features with robust decentralized security. DTX’s hybrid approach and commitment to revolutionizing trading practices make it a compelling choice for those aiming to capitalize on the next major crypto breakout.
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