DTX Exchange Surges 800% From $0.02 Start to $0.18 as Cardano's ADA Loses 7.43% in 24h Struggle

With trading volume shrinking and market cap slipping to $26 billion, investors are reassessing positions in established altcoins.

Cardano (ADA) price dropped over 7% on Monday, extending a month-long decline to over 26%, as investors reassessed positions in established altcoins amid a market downturn.

ADA price fell to $0.74 by 01:05 ET (05:05 GMT), while it had earlier dropped as low as $0.72. The world’s eighth-largest cryptocurrency had a market cap of $26.04 billion, slipping further away from recent highs above $29 billion.

Cardano price had surged to highs of $0.98 in the past 30 days, while it also saw lows of $0.69 during the period. Some forecasts pointed to a potential rebound to $0.89 by March, while others warned of possible lows around $0.40 by year-end.

Such volatility contrasted sharply with emerging platforms, which attracted attention through innovative features and rapid presale growth. As Cardano price grappled with unpredictable price action, traders increasingly evaluated alternatives that offered clearer growth signals.

While ADA price struggled, a new hybrid trading platform showcased explosive momentum. DTX Exchange token surged 800% since its initial $0.02 offering, reaching $0.18 in its bonus presale stage.

The project attracted over 700,000 holders, who were drawn to its unique blend of blockchain transparency and access to over 120,000 financial instruments.

Several thrilling elements drove this parabolic rise. The platform catered to both retail and institutional traders with its 1000x leverage option.

Meanwhile, features such as copy trading and fractional ownership lowered entry barriers for small investors.

DTX Exchange positioned itself as a potential game-changer in decentralized finance with $14 million raised in its latest presale phase.

This dramatic growth placed the project among the top altcoins to watch, especially as established tokens like ADA faced turbulent corrections.

According to crypto critics, DTX could maintain its rapid expansion, particularly with plans for a Q2 launch at $0.20 per token.

This data-backed strategy and security audits made it increasingly attractive compared to assets stuck in sideways markets for traders seeking the next big thing in crypto.

Cardano price fell sharply in recent weeks, highlighting the shifting liquidity flow toward newer projects, an analysis showed.

While ADA price dropped over 26% in the past 30 days, TRX price surged nearly 100% during the same period. Among the top 20 cryptocurrencies, TRX was the only gainer, while others slipped to the single digits.

The world’s largest cryptocurrency, Bitcoin, fell nearly 10% in April, while ether dropped over 15%. XRP and BNB slipped around 5% and 6%, respectively, while DOT, SHIB and MATIC fell in the single digits.

Among the gainers, TRX surged nearly 100% from recent lows of $0.04 hit in March. The token price rose sharply after the project announced plans for a $500 million decentralized autonomous organization.

TRX price also surged on Monday, rising over 3% to $0.08. The world’s 14th-largest cryptocurrency had risen nearly 70% year-to-date.