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Solana Meme Coins See Mass Investor Exodus, Could DTX Exchange Outpace Cardano?

Solana Meme Coins See Mass Investor Exodus, Could DTX Exchange Outpace Cardano?

TheCoinriseTheCoinrise2025/02/20 16:00
By:Armands

The Solana price dipped following a wave of controversies surrounding meme coins like LIBRA and Harry Bolz, which are based on the SOL blockchain. Other factors contributing to the Solana price dip include a major event set on March 1, where 11.2M SOL tokens valued at $2.06B will be unlocked. On the other hand, the Cardano price has been struggling to gain momentum.

However, the Cardano price has slightly rallied amid the ongoing market recovery to trade above the $0.77 level as the DTX Exchange presale heats up. Positioned as the 2025 best altcoin candidate, DTX Exchange’s 800% presale growth to hit $0.18 and institutional-grade tools contrast sharply with the general market downturn. With major exchange listings imminent, early participants could secure exposure before the project transitions from presale curiosity to market disruptor.

Solana Price Dips Amid $2B Token Unlock Threat and LIBRA Meme Coin Crash

LIBRA, a SOL-based meme coin, quickly gained attention after its Friday launch, reaching a market cap of over $4B. However, the rally didn’t last long as the meme coin crashed, shedding off more than $4.4B in value just hours after its peak. Harry Bolz, another meme coin on the Solana blockchain, also witnessed a similar event. This recent collapse of SOL-based meme coins has contributed significantly to a dip in the Solana price.

Moreover, another factor adding to the negative sentiment around Solana is the March 1 event, where 11.2M SOL tokens worth $2.06B at current prices will be unlocked, creating significant concerns. The Solana tokens were acquired by different firms during the liquidation of FTX’s assets, with the release set to drive large-scale selling of the token, putting additional pressure on the Solana price.

However, the Solana price still holds some optimism, especially with the recent rally to reclaim regions above the $170 level. Ali Martinez’s positive Solana price prediction suggests the altcoin is breaking out of an inverse head-and-shoulder formation and could record a 6% rally toward the $180 region.

Cardano Price Prediction

With the Cardano price recording a slight gain, it remains near a crucial support level of $0.74. The Cardano price also forms a bullish-cup-and-handle pattern with a neckline at the $0.85 region and an ascending triangle pattern. The ADA token appears bullish based on recent Cardano price momentum and historical patterns.

If the asset holds above the $0.73 level, it could surge by 32%, targeting the $1.04 level. However, given the current ADA market sentiment, the $0.85 level for the Solana token seems more likely to be achieved. The ongoing bullish momentum in Cardano price and the shifting market sentiment have triggered an accumulation by investors and traders.

Data from spot inflow and outflow reveals that exchanges record millions of ADA token outflows. However, $2.25M worth of Cardano tokens has flowed out in the past day, indicating potential accumulation that could trigger buying pressure and drive the Cardano price up.

DTX Exchange (DTX) Bonus Presale Stage Nears $15M

The public presale phase for this new emerging DeFi project has entered its final stretch, with the DTX tokens priced at $0.18 during its bonus stage. Over $14.8M has already been raised, reflecting intense interest from institutional and retail traders alike. Moreover, the DTX Exchange token holders have already hit over 700K holders.

The demand for DTX Exchange remains high due to features like access to 120,000-plus tradable assets and hybrid trading tools, which combine centralized efficiency with decentralized security. With audits by firms like SolidProof ensuring transparency, stakeholders see the DTX Exchange platform as a potential game-changer for cross-market trading.

Compared to assets like Cardano, which faces network challenges that lead to delays in smart contract functionalities and decentralized application deployment, this project’s momentum stands out. DTX Exchange’s bold approach to merging traditional finance with blockchain might drive liquidity flows once listed, making it a top investment option for diversified portfolios.

Can DTX Exchange Official Launch Help It Attain Higher Gains Just Like Solana and Cardano Did?

Solana-based meme coins collapse, and the incoming 11.2 SOL tokens unlock could lower the Solana price despite Martinez’s optimistic price prediction. The Solana price has also started recording an upward trend, with investors accumulating the ADA token. Meanwhile, DTX Exchange’s ability to blend traditional finance with blockchain innovation could dominate the next market cycle. With its presale nearing closure, DTX Exchange offers investors a low-cost entry point before it finally debuts.

Find out more information about DTX Exchange (DTX) by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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