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Discover why Cardano whales invested $1.4 million in DTX Exchange as SUI Blockchain rose past the $3 milestone.
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After seeing double-figure gains across top cryptocurrencies, Cardano (ADA) whales made headlines by investing $1.4 million in a trending altcoin known as DTX Exchange (DTX). Meanwhile, SUI Blockchain has reached a new all-time high, breaking past the $3 mark.
This shift in capital signals growing interest among large investors in high-potential altcoins, suggesting that strategic moves are underway. As Cardano’s major players reallocate funds, investors are left wondering if this is the beginning of a larger trend.
SUI blockchain hits $9b market cap, forecasted to surge 230%
Following a surge to $9 billion, the SUI Blockchain has now reached 14th place based on market capitalization. Similarly, some key performance indicators on the SUI Blockchain have made new all-time highs over the past month. Since the start of the year, SUI price has increased by 420% and outperformed 88% of the top 100 crypto assets to reach a new peak of $3.27 on November 11.
With 17 green days in the last 30 days, the SUI Blockchain is forecasted to increase a further 230% ahead of mid-December. Sentiments surrounding the SUI Blockchain are largely bullish as CoinMarketCap records an 83% bullish potential. At press time, SUI trades above its simple and exponential moving averages.
Cardano founder to shape crypto policy under Trump
Over the past week, Cardano performed better than all the top 20 cryptocurrencies except Dogecoin (DOGE). The 77% increase led Cardano past the $0.55 ceiling for the first time since April 2024, with trading volumes surging as high as $5.3 billion compared to the $300 million range at the start of November.
Additionally, Cardano founder Charles Hoskinson revealed plans to help shape US crypto policy under the Trump administration. In response, the TVL on Cardano increased by 69.42%, from $207.08 million to $350.83 million in less than a week. Aware of the volatile crypto landscape, Cardano whales hedged profits worth $1.4 million in the ongoing DTX presale.
DTX presale: A strategic entry point for DeFi investors
Like the SUI blockchain, multiple cryptocurrencies have registered new all-time highs, prompting an FGI of 79 in the overall crypto market. The post-election rally is in full swing and DTX Exchange is lauded as one of the top earners as Cardano whales pump $1.4 million into its ongoing presale.
DTX Exchange aims to decentralize CEX systems with unique features that will level the trading field for institutions and retail traders. With leverage as high as 1,000x and global market access, DTX Exchange users will be able to spread their portfolios across several classes, including equities, foreign exchange, and CFDs.
Additionally, DTX Exchange offers anonymous trading options via its non-custodial wallets and cold storage option. As an extra measure, DTX Exchange regularly conducts penetration testing and security audits to identify potential vulnerabilities. The use of blockchain technology also ensures the immutability and transparency of DTX transactions.
As excitement builds, more investors view the current DTX presale as the best entry to the DeFi platform. Currently priced at $0.08 per token, the fourth stage of DTX presale represents the last chance for investors to get into the DTX Exchange for less than a cent. Analysts predict a 55x post-launch rally as DTX tokens grow to become the currency for cross-platform interoperability.
For more information, visit the DTX Exchange presale website and join the online community.
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This article first appeared at crypto.news
