Cardano (ADA) vs Polygon (MATIC) vs DTX Exchange (DTX); Which Altcoin Will Reach $2 First?

June 14th, 2024 at 8:36 pm UTC · 3 min read

Cardano (ADA) vs Polygon (MATIC) vs DTX Exchange (DTX); Which Altcoin Will Reach $2 First?

/DTX Exchange/ – There are many contenders in the list of best altcoin but the top three names come first Cardano (ADA), Polygon (MATIC) and DTX Exchange (DTX). The crypto market is near all time high and the real question is which one of these coins will hit $2 first?

Cardano (ADA) and Polygon (MATIC) are already bluechip crypto; according to the experts, the real potential of exponential price rise is in DTX Exchange as it is still small and has much room to grow.

In this article, we will discuss the fundamentals and technicals of the Cardano (ADA), Polygon (MATIC), and DTX Exchange (DTX).

Cardano (ADA) Pioneering Sustainable and Secure Blockchain Solutions

Cardano (ADA) is one of the names in the list of best altcoins. It is a modern blockchain platform that builds on the shortcomings of previous technologies by using a scientific approach. It aims for better scalability, security, and sustainability. This is achieved through the Ouroboros proof-of-stake mechanism and a unique two-layer architecture that separates transaction processing from computations.

Currently, Cardano (ADA) is trading at $0.43, down more than 45% from its all-time high. ADA is below both long — and short-term moving averages, which shows bearishness in the price.

The immediate support for the Cardano (ADA) is $0.415, and the resistance on the upper side is 0.5. The RSI is currently at 40.61, showing a slightly oversold situation. When the market starts its new leg, it may pick an uptrend direction. However, the dream $2 for ADA is not possible soon.

Polygon (MATIC) Solving Ethereum’s Scalability Issue

Polygon (MATIC) aims to improve Ethereum’s work by offering scalable, secure, and efficient solutions known as Layer 2. It tackles issues like high transaction fees and slow speeds in Ethereum by providing a framework that lets developers build and link blockchain networks compatible with Ethereum. Polygon (MATIC) uses technologies like plasma chains, rollups, and sidechains to boost the number of transactions and lower costs.

Polygon (MATIC) recently broke its bear flag and is currently trading at $0.625. The nearest support for the price is $0.588, and the nearest resistance is $0.66. As the price is below all the key moving averages, the outlook for the coin looks bearish. According to the technicals, it will take a long time for Polygon (MATIC) to reach $2.

DTX Exchange Revolutionizing Trading and Investing Platform

DTX Exchange is topping the list of best altcoins. DTX Exchange is transforming the trading and investing landscape by introducing advanced technologies and features focused on the user. This platform stands out because it uses blockchain technology, which makes transactions more transparent, secure, and faster than traditional systems.

With DTX, you can experience the benefits of high-velocity trading and access over 120,000 assets, including cryptocurrencies, stocks and bonds, forex, and commodities. Plus, enjoy the convenience of no KYC requirements.

With the bearish outlook in both Cardano (ADA) and Polygon (MATIC), DTX is the top contender that can achieve the mark of $2 with strong fundamentals and an innovative business idea. Currently, it is in the second stage of presale, and the token is priced at just $0.04. If DTX’s price reaches $2, it will be a return of 4,200%. Thus, DTX is the top contender in the list of the best altcoins.

Learn more: visit DTX Presale, read Whitepaper, join the DTX community.

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.

Share: