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3 Explosive Alternatives to Cardano’s Downfall That Could Turn a USD 50 Investment Into iPhone 16 Pro Max

Updated on: 11 October, 2024 05:01 PM IST | Mumbai
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These 3 bullish cryptos are poised to turn your $50 into thousands this year after the down spike of Cardano (ADA). Fantom (FTM), Avalanche (AVAX), DTX Exchange

Cardano

Cardano

Cardano (ADA) price slump has triggered capital rotation into other prominent cryptos that can yield high gains in the upcoming bull run. Fantom (FTM), Avalanche (AVAX), and DTX Exchange (DTX) are high-flying cryptos that are labeled as top favorites for the next bullish cycle with better returns on investments.

Bannner
Bannner

Last week’s volatility has made Cardano (ADA) suffer a major blow as its price retracted to key support levels. Fantom (FTM) leads with a bullish surge and Avalanche (AVAX) developments strengthen its price prospects. DTX Exchange (DTX) is also a top presale performer, citing its Q4 listing and an explosive 2000% rally.

Cardano (ADA) Down Spike to $0.35 Sparks Whale Migration 

After the FOMC meeting, the Cardano (ADA) price performed well with an impressive rally to upper levels. However, the bearish reversal has halted its upward momentum to a significant extent as Cardano (ADA) traces above the $0.35 support level now after a 3.8% intraday drop. This trend has led investors to find other promising cryptos.

The recent predictions by Max Keiser have acted as fuel on fire as the analyst forecasts a 90% drop in the Cardano (ADA) value against Bitcoin in the next 6 months. This has sparked a fear wave among Cardano (ADA) whales for more downside due to rising volatility in the market, triggering sell-offs by big whales to mitigate losses.

Top 3 Altcoins To Multiply Your Investments Into Millions

Experts say these 3 cryptos are poised to turn $50 investments into thousands and can rally upward to make new price records. Under the spotlight are Fantom (FTM), Avalanche (AVAX), and DTX Exchange (DTX)

Fantom (FTM)

Fantom (FTM) has been a star performer for over a month with sky-shot gains of 70% and a massive surge in whale activity. Fantom (FTM)  is expected to continue this bull run for significant gains in ‘Uptober’. The altcoin is poised to surge higher with rising developmental activity in the ecosystem. Experts say that the next stop for Fantom (FTM) will be $1 if bullish pressures persist to pump its price.

DTX Exchange (DTX)

DTX Exchange (DTX) is a millionaire-making crypto of this bull cycle after raising a staggering $3.84 million in batch 3 of the public presale. The crypto holds 10x moonshot potential in 2024 as major investors stockpile its tokens at $0.06 for the ground-breaking TradFi tech and first-ever hybrid blockchain backing its schemas. Its decentralized security is a major traction for investors as they label the DTX platform as the next biggest and most relevant exchange, poised to surpass its competition with deflationary tokenomics, access to multiple financial markets, and cutting-edge tech. 

Avalanche (AVAX)

Avalanche (AVAX) holds a strong position above the crucial $25 support level despite bearish pressures rising. However, institutional adoption and rising scalability are two important factors that change the trend of Avalanche (AVAX) this month for a ground-breaking comeback. Experts say that Avalanche (AVAX) is on the verge of a bullish breakout and has the potential to secure positions above the yearly highs between the range of $40 - $45 and more upside is expected if bullish pressures persist.

Conclusion

As Cardano (ADA) drops off the list of bullish cryptos, investors are flocking to alternatives like Fantom (FTM), Avalanche (AVAX), and DTX Exchange (DTX). While the first two are poised for bigger gains, DTX is an early opportunity for investors looking to capitalize on a 10x return potential as its mainnet launch is at the door and it can prove to be a millionaire-making opportunity if you have missed other bullish opportunities.

Learn more:

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