Amid continuous delays in launching the Chang Hard Fork upgrade, Cardano (ADA) investors are losing their patience. The slow developmental processes and extended timelines have led to high criticism of the ecosystem. The trend prompted many ADA holders to sell their tokens, triggering the price to drop to key support levels.
Meanwhile, the emerging deFi platform DTX Exchange (DTX) is gaining prominence as a prominent alternative with its record-breaking presale performance in 2024. Surpassing big players like Cardano (ADA) with massive capital influx and 25x gain potential, DTX continues to attract eyeballs to its cutting-edge technology and industry-relevant features.
Delay in Chang Hard Fork Trigger Investor Concerns
Cardano’s community continues to ditch the ADA token, eminent by the dropping price trajectory. This sentiment is attributed to the continuous delay in the Chang Hard Fork upgrade scheduled for Q2 of 2024. Now the second half of the year has kicked off but still, there are only assurances by the Cardano (ADA) founder Charles Hoskinson.
During a recent “Ask Me Anything” session on X spaces, Charles Hoskinson updated the timeline to mid-July due to preliminary work and developmental challenges. This timeline is also driving the community members speculative as mid-July has passed and there are no imminent signs of the launch except for the recent introduction of Node 9.0.
Cardano (ADA) Faces Price Drop Amid Rising Speculations
The delay in the promised developments by the team is met with consequences as the Cardano (ADA) price continues to drop down to key support levels. After surging past $0.45 this week, investors dumped millions in Cardano (ADA) due to high bearish pressures and speculations surrounding the ecosystem’s developmental activities.
The Cardano (ADA) price is down by 4.7% on the intraday chart with a falling trading volume of 13%, reflecting investor concerns for the network. Cardano (ADA) can find solid ground at the $0.35 support level as bears unfold with selling pressures. Conversely, Huk Aleksandra predicted that positive news about the Chang Hard Fork upgrade could trigger a rally, driving ADA to higher price levels.
Traders Set Eyes on 100x Potential of Hybrid DTX Exchange (DTX)
DTX Exchange (DTX) stands out in the evolving DeFi market with its hybrid tradFi model and cutting-edge trading technologies. The platform addresses the inherent problems of the current exchanges by eliminating gas fees through VulcanX update and offering 1000x leverage with L1 blockchain technology to empower traders for maximum gains.
The mind-blowing presale performance of DTX Exchange (DTX) in batch 2 has defied market expectations after raising $1 million. The DTX hybrid platform can be pivotal in transforming the trading frameworks in the industry with cutting-edge features, lightning-fast execution, advanced automation strategies, and scalability in various financial sectors.
Furthermore, DTX Exchange (DTX) commits to user security, individual ownership, and scalability by utilizing distributed liquidity pools, multi-tier accounts, and non-custodial wallets. The power of the DTX Exchange (DTX) lies in its no-KYC approach and updated regulatory framework, allowing safe and secure onboarding without risks of asset or data loss.
The DTX token is in high demand as 45% of the tokens are sold to 8000 unique holders. Ready to surge beyond $1 once hitting the market, investors are rushing to become early stakeholders in the best emerging deFi project DTX Exchange (DTX) with cutting-edge technology and user-friendly features, poised to yield 100x gains upon listing.
Conclusion
The criticism on the Cardano (ADA) ecosystem about Chang Hard Fork’s delay with the dropping price trend is pushing investors to take a position in the $1 million presale of DTX Exchange (DTX). The DeFi project is ready to secure sky-high gains as global investors turn to its advanced analytics, automation strategies to maximize profits, and commitment to innovate with changing technologies for a seamless and relevant trading experience.
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