The cryptocurrency market has experienced an amazing altcoin rally this weekend. Experts say that this outbreak is just the beginning for Bitcoin, which broke through the $80,000 threshold after Trump's victory. However, some altcoins have shown strong gains, so they are becoming the first choice for the bull season, while some altcoins seem to have exhausted themselves.
Cardano (ADA) and Dogecoin (DOGE) have shown their strength and market dominance by rising more than 50% in a matter of days. Many investors have made millions of dollars in this bull run and favor these two altcoins for further gains. However, Ripple (XRP) is showing signs of exhaustion after the bullish momentum due to its ongoing battle with the SEC.
In this article, we will see why investors are pulling money out of Ripple (XRP) and why Cardano (ADA), Dogecoin (DOGE), and DTX Exchange (DTX) are becoming their cryptocurrencies of choice.
Cardano (ADA) Surpasses April High with 82% Price Gains
Cardano (ADA) has added billions of dollars to its market cap this week, with gains reaching 82%. The rally came on the heels of Trump’s victory and Charles Hoskinson’s announcement that he would work closely with the newly elected US government and political process to drive wider cryptocurrency adoption, sparking expectations of high growth in the Cardano (ADA) community.
Moreover, crypto investors are adding a lot of money to the Cardano (ADA) outlook as the ecosystem has major updates planned for 2025. After hitting a new all-time high this week and surpassing the April high, crypto traders favor Cardano (ADA) to break the $1 milestone and showcase another rally in this bull run.
Musk and Trump’s victory boosted Dogecoin’s (DOGE) popularity
Dogecoin (DOGE) has led the meme space with soaring gains over the past seven days. Due to Elon Musk’s close ties with Donald Trump and his administration, Dogecoin (DOGE) has been highly favored by greedy whales looking to take profits in this bull season, especially after posting gains of 80% in a week.
Data from IntoTheBlock shows that Dogecoin (DOGE) trading volume has increased by 16.3% in a day, as whales continue to accumulate the meme coin in large quantities for a long-term bull rally. Whales are looking forward to huge gains this month as the technology shows continued bullish momentum for Dogecoin (DOGE).
Amid Ripple’s (XRP) Volatility, DTX Exchange (DTX) Emerges
Ripple (XRP) showed a promising trend after approaching the $0.6 threshold this week. However, due to the rising uncertainty over Gensler's succession and the SEC's security conflict, whales began to take profits more quickly, as Ripple (XRP) inevitably fell in the coming days.
As investors sold XRP at a rapid pace, profits went to DTX Exchange (DTX), another altcoin that has seen a bull run this quarter and became a top choice for millionaire investors as an alternative to XRP.
DTX Exchange sets new record with $7.1 million presale
DTX Exchange has made breakthroughs in the cryptocurrency industry with its innovative power. The project has pioneered various competitive features to resist the existing market, especially 1000x leverage, the first hybrid layer 1 blockchain, and the decentralized "Phoenix Wallet".
In addition, DTX Exchange has attracted large whales around the world, attracting $7.1 million in the public pre-sale round 4. Traders are most interested in DTX Exchange for its end-to-end solution and the ability to host over 120,000 digital assets, including cryptocurrencies, stocks, forex, commodities, CFDs, and shares.
DTX Exchange is one of the first markets to introduce a full range of strategies to provide traders with a seamless trading environment and passive income strategies. Traders are rushing to buy DTX tokens at $0.08 as the fourth round of pre-sale is about to end. The price of DTX has increased 500 times, and experts predict that it will increase another 100 times after the mainnet is launched this year.
in conclusion
Cardano (ADA), Dogecoin (DOGE), and DTX Exchange (DTX) have shown unparalleled gains in this market rally, despite Ripple (XRP) losing ground. ADA’s strong infrastructure updates, DOGE’s continued popularity backed by high profile, and DTX Exchange’s innovative multi-asset platform have these altcoins poised to earn 1000% in this altcoin season.