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Cryptocurrency News Articles
Dogecoin (DOGE) and Ripple (XRP) Reclaim Decent Gains as Hybrid Platform DTX Exchange (DTX) Stuns Investors
Sep 30, 2024 at 07:02 pm
The recovering market sentiment has propelled various altcoin projects to new highs. Among the many, Dogecoin (DOGE) and Ripple (XRP) have reclaimed
Dogecoin (DOGE) and Ripple (XRP) have both seen significant gains in recent weeks, joining a broader recovery in the altcoin market. Among the many projects seeing renewed interest, the hybrid platform DTX Exchange (DTX) has also made waves with a record-breaking presale.
The recovering market sentiment has propelled various altcoin projects to new highs. Among the many, Dogecoin (DOGE) and Ripple (XRP) have reclaimed decent gains within the last few weeks. Joining the league, the hybrid platform DTX Exchange (DTX) stunned investors after its presale caught fire, raising $3 million at a mere $0.06 token price in a record-breaking time.
Dogecoin Gears Up To Join Big Leagues
Dogecoin (DOGE) flares up memecoin lovers with a powerful comeback in the volatile crypto market. DOGE has surged by 7.7% in the last 24 hours with a $18.03 billion market cap and a 24-hour trading volume of $1.47 billion, which has turned the tables after surging by 48.9% (approximately $735 million). Investors are rejoining the Dogecoin network to bag maximum profits.
Dogecoin had an excellent week after closing with a 16% surge in its trading value. DOGE holds almost double the market cap of SHIB. Still, it lacks the same level of growth as its competitor due to the number of buyers and the unstable market conditions, resulting in fluctuating trading volumes and instability in the network.
After completing a bullish week, Dogecoin is eyeing the $0.13 mark as its next milestone. DOGE has a greater chance of hitting this key level since the bulls are taking control before experiencing any possible major pullback. The current performance trend in the Dogecoin (DOGE) network is highly attractive for investors who want to buy in and secure strong positions.
40 Million XRP Withdrawal Stuns Top Crypto Exchange
The crypto market condition has recovered and has been on an upward trend since last week. As a result, the Ripple (XRP) community is expecting major price surges. In response to this narrative, XRP whales are making certain moves that have captured the analysts’ attention. Whale Alert (a crypto-tracking service) recently reported a large purchase by a prominent whale.
Based on data from Whale Alert, an investor moved a mind-boggling 40 million XRP tokens from the Bybit exchange to a private wallet. The sum involved in this move is valued at approximately $23.3 million at current prices. Analysts think this transfer will spread a bullish wave for the XRP network, driving more investors to join in and pump it up.
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While this activity is just a part of a larger buying pattern by major XRP investors, a recent report shared another massive 30 million XRP transfer. These back-to-back moves suggest that top-tier traders are optimistic about the Ripple network’s potential for hitting higher numbers in the near term.
Presale Powerhouse DTX Exchange (DTX) Outshines Ripple (XRP)
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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