3 Altcoins That Could Dethrone Cardano in 2024: Toncoin, Near Protocol, and DTX Exchange (DTX)

Cardano (ADA) is one of the top 10 altcoins, and in the list to dethrone it, we have three potential coins: Toncoin (TON), Near Protocol (NEAR), and DTX Exchange (DTX). Cardano (ADA) moved around 200% in 2023, and among the three coins, who have the potential to do the same?

New Update on Cardano (ADA) Chain

Cardano (ADA), a well-known blockchain platform, has just released an important update called “docker-cardano-cli v8.24.0.0-1” developed by Blinken Labs. This update boosts Cardano’s (ADA) reputation as a top player in blockchain technology, reflected by its many GitHub commits.

Cardano (ADA) has long been recognized for having the most development activity on GitHub. This new upgrade further solidifies that reputation. Blinken Labs has significantly improved Cardano’s Stake Pool operations with this development.

Telegram Users Face Threat from Global Toncoin (TON) Booster Scheme

Kaspersky researchers have uncovered a complex Telegram scam targeting Toncoin (TON) users, which has been active since at least November 2023. The scam takes advantage of the increasing popularity of Toncoin (TON) and Telegram, putting cryptocurrency holders at significant risk. 

According to Olga Svistunova, a Senior Web Content Analyst at Kaspersky, scammers promote boosters. These are supposedly tools that help users increase their earnings on their coins. Svistunova compares these to online game boosters where, after a purchase, the user supposedly gets extra benefits. However, in this case, it’s a scam that’s trapping people all over the world.

Near Protocol (NEAR) Great Bounce From the Support Level

Near Protocol (NEAR) is up 20% from the recent low, and $4.50 is acting as a strong support level. With the strong demand zone, Near Protocol (NEAR) price also took support from its 200-day moving average, which indicates long-term price movements. 

The next resistance to the Near Protocol (NEAR) is $6. However, the price is trading below its short-term moving averages, which indicates we may not see an explosive move in the short term.

DTX Exchange Ready For 300% Movement

According to the experts, among Toncoin (TON), Near Protocol (NEAR), and DTX Exchange (DTX), DTX is the top contender that can dethrone Cardano (ADA) with its decentralized technology and revolutionizing trading features.

DTX offers an advanced feature set, including mining, staking, and liquidity pools, drawing investors’ interest in a secure trading platform. Additionally, as DTX Exchange expands its ecosystem, it benefits from increased liquidity, significantly boosting its value.

DTX offers what every trader dreams of—access to over 120,000 assets, including Forex, stocks, bonds, cryptocurrencies, and commodities. It stands out as one of the best crypto projects, featuring unique benefits such as an unparalleled 1000x leverage. This high leverage allows traders to significantly increase their potential profits while reducing risks.

Currently, DTX is in its stage 2 presale, which is an optimal time for investors to get involved. For new users, an attractive incentive is a 50% bonus on signing up with the code “DTX50”. Analysts predict that the price could surge by at least 300% in the short term, with each presale stage likely to increase the presale price.

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