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Cryptocurrency News Articles

DTX Exchange (DTX) Explodes Past $8.3M in Funding, Poised to Outshine Ripple (XRP) and Sui (SUI)

Nov 23, 2024 at 11:00 am

The crypto market climbs higher. Bitcoin (BTC) dominance increases as the flagship crypto recorded a new ATH this week, while top altcoins like Ripple (XRP) and Sui (SUI) trade upward.

DTX Exchange (DTX) Explodes Past $8.3M in Funding, Poised to Outshine Ripple (XRP) and Sui (SUI)

The cryptocurrency market continues to rally, with Bitcoin (BTC) showing signs of strength. However, the flagship cryptocurrency’s dominance has increased as well, which could limit the upside potential for some altcoins.

Despite this, a few altcoins have managed to post impressive gains, thanks in part to the rising fear of missing out (FOMO) among investors. One cryptocurrency that has benefited from this is DTX Exchange (DTX), which has now crossed $8.3 million in funding.

As the launch of DTX Exchange (DTX) nears, investors are flocking to the presale, driving up the total funds raised to an impressive figure. The cryptocurrency, which is set to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi), has emerged as a hotcake among retail and whale investors.

DTX Exchange (DTX) Price Analysis: Investors Flock Presale, Set to Outshine XRP, SUI

DTX Exchange (DTX) is a new cryptocurrency exchange that aims to combine the best features of both centralized and decentralized exchanges. The exchange will offer a wide range of trading pairs, including stocks, bonds, ETFs, and cryptocurrencies.

DTX Exchange (DTX) is currently conducting a presale, with tokens being sold at a discounted price of $0.10. The presale is divided into several rounds, with the price of tokens increasing in each round.

Investors are showing a keen interest in DTX Exchange (DTX) due to its strong fundamentals and growth prospects. The cryptocurrency is set to transform the $10 billion global trading scene at the crossroads of TradFi and DeFi.

DTX Exchange (DTX) Price Prediction: Might Outperform XRP, SUI

DTX Exchange (DTX) is a hybrid trading platform that will allow traders to trade diverse assets in one place. Some of its key features will include wallet-based trading, distributed liquidity pools, and non-custodial storage solutions.

DTX Exchange (DTX) is a promising new DeFi project that investors should watch out for. The cryptocurrency is set to be adopted massively, thanks to its impressive growth prospects.

DTX Exchange (DTX) is now available for presale. Those interested in investing in the cryptocurrency can do so by visiting the official DTX Exchange (DTX) website.

Meanwhile, here are some altcoins that are surging ahead of the upcoming alt season.

Ripple (XRP) Crossed $1, Positioned for Further Gains

Payment-based cryptocurrency Ripple (XRP) is among the top crypto coins that have been surging despite Bitcoin’s dominance. While the flagship crypto trades flat, XRP price soared high, adding over 60% to its value in the past 7 days. Commencing the second trading session of the new workweek, XRP price trades at a higher level of $1.10.

With no bull market history, Ripple (XRP) is set to make a huge move in the coming weeks. XRP price trades astronomically higher in 2023, as it surged over 100% in the year-to-date timeframe. Commencing 2023 at lower levels around $0.35, XRP price soared over 200% to trade above the $1 mark.

Surging past the key resistance level of $1 might have positioned XRP for further upswings. Key indicators like the XRP price trading above the 10-EMA ($0.94) and 10-SMA ($0.91) are buy signals hinting at further gains in the upcoming trading sessions.

Moreover, experts are sharing a bullish outlook on XRP price, placing it as one of the best coins to invest in this cycle. According to XrpNully, we might see a quick decline toward $1.3 and $0.90 followed by higher targets between $1.18 and $1.91. Meanwhile, another crypto analyst AllonEli has $5 to $10 as their realistic XRP price prediction for this bull run. Commencing the bull cycle at lower levels around $0.4, it might be set to rally over 2,300% if it reaches $10.

Ripple (XRP) is among the top crypto coins that have been surging ahead of the upcoming alt season. XRP price soared over 60% in the past 7 days and trades at a higher level of $1.1. Surging past the key resistance might propel XRP price further upward in the upcoming trading sessions.

Moreover, XRP price is set to be at the forefront as full-blown alt season is around the corner.

Sui (SUI) Targets Further Upswings, All Set for Alt Season

Layer-1 token Sui (SUI) has been one of this year’s biggest surprises. Besides the over 500% gain

News source:bitcoinist.com

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