Trump's Latest Endorsement of XRP and Cardano Has Sent the Crypto Market into a Frenzy

This has sent prices of these assets through the roof with investors racing to get in ahead of potential government backings.

The latest crypto news headlines for August 24 include Trump’s latest endorsement of XRP and Cardano has sent the crypto market into a frenzy with a massive demand surge. This has sent prices of these assets through the roof with investors racing to get in ahead of potential government backings.

But while the mainstream is looking at XRP and Cardano, strategic investors are looking at a different project—DTX Exchange, a utility-driven altcoin that just raised $15.4 million.

XRP and Cardano Prices Soar After Trump’s Endorsement

Trump’s mention of XRP, Solana, and Cardano as potential assets for US cryptocurrency reserves has sent shockwaves through the market.

Within hours XRP price saw a demand surge of up to 20% and Cardano (ADA) followed suit and went up 60% as the bullish sentiment spread across the crypto space.

Trump made the announcement in a social media post, linking it to his January executive order on digital assets. “I will make sure the US is the Crypto Capital of the World,” Trump said, “my directive to the Presidential Working Group is to move forward with the reserve initiative.”

The comments from Trump have given credibility to these assets and speculation is building on whether regulatory hurdles will relax.

Ripple(XRP) , which has been fighting the SEC for years, gained hope as traders speculated that its use at a national level could be a reality.

Cardano which is known for its solid smart contract features also gained from the institutional interest.

While these coins are surging on speculation, DTX Exchange is outgrowing them with a presale that has raised over $15.4 million.

DTX Exchange: The Utility Altcoin Breaking Records

While XRP and Cardano are surging on speculation, DTX Exchange is breaking records by raising $15.4 million from institutions and retail investors in its presale.

This is a big vote of confidence in its revolutionary approach to decentralized trading and tokenized asset markets.

DTX Exchange is designed with real-world use in mind. It offers more trading diversity than most other platforms with over 120,000 active asset pairs. This makes it a crypto trading market disruptor for both retail and institutional investors.

Investors are also assured of the platform’s security with regular audits by trusted companies like SolidProof which ensures that the smart contracts are secure and there is minimal chance of vulnerabilities or exploits.

Built on a high-speed Layer-1 blockchain, DTX Exchange also has fast transaction finality at very low fees. As crypto adoption increases, DTX’s scalable and efficient architecture may give it a huge advantage.

One of the key drivers of DTX growth is its upcoming listings on tier 1 exchanges like Binance and Coinbase. These listings will put DTX in front of millions of potential investors and increase its price and liquidity.

Already analysts are speculating that the token could go to $10 after launch, similar to Binance Coin (BNB) in the early days.

With solid fundamentals and institutional backing, early holders of DTX may see exponential returns.

And to top it off, the presale price of $0.18 is a great entry point before the official launch at $0.36.

With estimates of 100x returns as adoption increases, DTX Exchange is also the most potential utility altcoin for 2025.

Conclusion

Trump’s endorsement of XRP and Cardano has sparked a lot of interest in the crypto market but another contender is gaining traction—DTX Exchange.

With its advanced trading features, tokenized asset support and institutional backing, DTX is the top utility altcoin for 2025.

Don’t wait until it’s too late—sign up for DTX Exchange now and position yourself ahead of the next crypto boom!

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