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Cryptocurrency News Articles

NEAR Protocol and XRP Emerge as Mid-November Market Cap Crosses $3 Trillion

Nov 17, 2024 at 09:00 pm

Since the crypto market crossed $3 trillion in market capitalization, NEAR Protocol and Ripple have also emerged as some of the biggest gainers in mid-November.

NEAR Protocol and XRP Emerge as Mid-November Market Cap Crosses $3 Trillion

Mid-November has seen some of the biggest gains for NEAR Protocol and Ripple as the crypto market crossed $3 trillion in market capitalization. Some dormant whales have begun taking profits by swapping their XRP holdings to DTX Exchange, creating ripples throughout the market. Investors are keeping a close eye on the exchange’s upcoming milestones to gauge whether it could redefine profit opportunities.

NEAR Protocol Price Soars Following International Support

Deutsche Telekom’s decision to support NEAR Protocol has pushed its price up by 34%, bringing it close to $5.7. The telecommunications giant will be running a validator node on NEAR Protocol, which has boosted investor confidence in the network. NEAR Protocol’s price is now trading above its simple and exponential moving averages, hinting at a “strong buy” signal.

Sentiments around NEAR Protocol are largely bullish as Upbit announces its listing on the USDT market. With a 14-day RSI of 66, NEAR Protocol is forecasted to surge an extra 48% by December 2024.

XRP Price Surges 47% with New Listings and EURCV Launch

The XRP price has surged 47.4% in the past week, riding the wave of the post-election rally. Following the recent XRP re-listings on Robinhood, Ripple has catapulted 22% in less than 2 days. The recent launch of Societe Generale-backed stablecoin EURCV on XRP Ledger also expands its ecosystem beyond Ethereum and Solana.

However, the XRP price appears to be nearing exhaustion as the token approaches its $1 target. According to CoinCodex, Ripple may face immediate retracement after surpassing the $1 price point. The short-term surge also does not match the long-term XRP price underperformance below 64% of the top 100 crypto assets.

DTX Exchange: Revolutionizing DeFi with Tokenized Assets

As the TVL in decentralized finance grows to $104.75 billion, more and more investors are taking interest in DTX Exchange (DTX). The DeFi platform has been making headlines following a massive inflow from dormant Ripple (XRP) addresses. This move suggests a possible shift in market sentiment, with the DTX token emerging as a potential focal point for significant returns.

DTX Exchange (DTX) is changing the game by digitizing assets and creating tokenized assets to represent real world financial instruments and commodities. This introduces investors to a larger market that extends beyond the confines of cryptocurrencies. The assets span FX, crypto, equities, and more.

DTX Exchange also offers cross-chain trading capabilities so users can interact across blockchains without any third party or intermediary. Owning assets is made easier and safer with the recently launched Phoenix wallet. As a non-custodial wallet with a cold storage option, DTX holders are able to manage their assets without fear of hacks or compromise.

As Q4 progresses, so does the DTX presale. In the fifth round of the presale, investors can acquire $DTX for $0.1 apiece. With the presale nearing completion, a market analyst predicts a potential 2,000% rally after launch. Get in now on the lowest DTX Exchange would ever trade!

Learn more:

Buy Presale Visit DTX Website Join The DTX Community

News source:bitcoinist.com

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Other articles published on Nov 18, 2024