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Cryptocurrency News Articles
NEAR Protocol (NEAR) Hits Two-Month High: Scalability Dilemma Solved!
Sep 29, 2024 at 07:01 am
The NEAR Protocol blockchain completed its sharding operation on September 23, 2024, as announced by Justin Bons on his Twitter/X account.
Ripple (XRP) has been left in consolidation after its two-year legal battle against the SEC. Many XRP traders left the platform during the lawsuit, and the token is now struggling in the altcoin sector.
Meanwhile, NEAR Protocol (NEAR) is expected to continue surging upwards, even as the new DTX Exchange (DTX) project will join it in the spotlight. Keep reading to find out more.
Ripple Still Below $0.6: Will XRP Crawl to the Safe Zone?
At the beginning of the week, the XRP price was caught squarely in neutral territory, with both bulls and bears claiming equal stakes on the Ripple price. The closest resistance level stood at $0.6, but the bulls clearly had work to do to get there.
As the week draws to a close, the Ripple price seems to have picked up momentum as market sentiments have shifted considerably in favor of the bulls, and XRP seems to be gaining everyone’s hearts already.
Sure, the token is still below $0.6, but at its current $0.589 price and 0.46% daily gains, Ripple might be inching its way to the greens.
NEAR Protocol Hits Two-Month High: Scalability Dilemma Solved!
The NEAR Protocol blockchain completed its sharding operation on September 23, 2024, as announced by Justin Bons on his Twitter/X account. For the past month, positive reports of the sharding have generated traffic on the NEAR blockchain, raising the token price by 57% to a two-month high at $5.59.
Total Value Locked, as well as increased network activity, have also contributed to NEAR Protocol’s gains, helping the token solidify its bullish status. TVL has gone up by 34% in the past two weeks, and Open Interest on the NEAR token has risen to about $279.2 million.
Currently, the Relative Strength Index on NEAR Protocol’s charts read 70, a show of bullish control. A drive to $6 is on, and the buyers could even get NEAR up to $6.45 if the market permits.
DTX Exchange: DeFi Staking and 120,000 Trading Options for All Users!
Access all the benefits of DeFi from the latest Ethereum-based project to hit the blocks. DTX Exchange has the potential to unseat some of the top tokens, especially with its trader-centric platform, but it won’t cater only to traders.
For non-trading folk who are interested in other forms of DeFi, DTX Exchange has quite the features for you. The platform staking allows for up to 15% APY earnings, where the DTX users stake their tokens to provide liquidity for traders on the platform.
Along with staking rewards, stakers will also gain from the trading fee revenue generated on DTX Exchange according to how much they hold or stake on the platform.
Traders have 120,000 trading instruments to pick from on DTX, all spanning the stock, crypto, and Forex markets. There are also Real World Assets (RWAs) that users can access to trade rare commodities like gold and crude oil in the crypto-verse.
It’s a full suite of trading–and non-trading–features reaching you from DTX. The presale is a great place to start.
The DTX Presale: a 33% Pump and 1,000-5,000x Growth Potential
As NEAR Protocol continues its upward charge and XRP finds its way back to the good books of crypto traders, the DTX presale is where the profits really are. DTX is currently valued at $0.06 in Stage 3 of its public presale; investors are already anticipating a 33% spike in the next stage of the presale.
Some experts have even made a bold 1,000-5,000x post-launch surge that could see the DTX token making the next set of crypto millionaires. So, whether you’re a trader or an investor, DTX Exchange is here to get your profits up.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
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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