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Cryptocurrency News Articles

DTX Exchange Nears $15 Million Presale With 800% Token Surge

Feb 21, 2025 at 03:47 pm

The XRP price is in the green zone and has gained 6% in the last day. Ripple was trading above $2.7 and is facing significant resistance from the $2.8 level.

DTX Exchange Nears $15 Million Presale With 800% Token Surge

The XRP price shows a slight increase and is up 6% in the last 24 hours. At the time of writing, XRP was trading above $2.7 and is facing strong resistance from the $2.8 level.

The XRP price has seen multiple rejections at this level, and if it manages to break past the $2.8 level and converts it into support, we can expect the XRP price to head toward $3 quickly.

This breakout will begin a bullish move, and the XRP price will be clear of the bearish pressure it has been under for a month.

Technicals suggest that an upward move is imminent for the XRP price; otherwise, we can expect a sideways XRP price action.

Part of the reason for XRP’s upward movement is the SEC’s acknowledgment of a Ripple ETF. While this doesn’t mean an approval is in place, it is a step forward in regulatory consideration.

Ripple’s blockchain technology enables real-time, low-cost international transactions and positions XRP as a bridge currency that enhances liquidity and reduces operational costs for financial institutions.

The potential approval of Ripple ETFs could further bolster institutional adoption, providing regulated investment avenues and potentially influencing global regulatory perspectives on cryptocurrency investment vehicles.

DTX Exchange Nears $15 Million Presale With 800% Token Surge

DTX Exchange has found the gap between DeFi and TradFi and decided to bridge it with its hybrid trading platform. It is built on the layer-one VulcanX blockchain and is designed to interact with conventional financial instruments and crypto derivatives.

DTX Exchange will allow the trading of 120,000 currency pairs, making it the top exchange in the crypto space.

DTX Exchange is on the cusp of its launch, and the unified blockchain is ready for its mainnet launch. Its testnet run has achieved a TPS of over 200,000, which places it among the fastest blockchains.

DTX Exchange will provide users with a user-friendly, intuitive, fast, secure, and scalable interface that helps them maintain a diversified trading portfolio.

DTX Exchange’s key features include a universal non-custodial digital wallet, distributed liquidity pools, 1000x leverage, and a chance to participate in profit-sharing programs. It will also offer decentralized governance, allowing every token holder to participate in the network’s decision-making process.

Key Takeaways

As DTX Exchange approaches its launch, the demand for the token has become overwhelming. The number of wallet holders has crossed 600,000, and the token is expected to shoot to $1 immediately upon listing.

The token has already given investors an 800% ROR, and further profits are expected for investors of this utility-based coin.

The presale is in its bonus stage, having collected almost $15M in funding, and the token is still competitively priced and at an affordable buy-in.

The DTX token is undervalued, and it has excellent prospects once it goes mainstream. This year, a 100x gain is expected, and DTX Exchange will soon reach the top 10 altcoins.

To know more about the DTX Exchange ecosystem, Check out:

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Other articles published on Feb 22, 2025