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. As the post-election rally continues, some dormant whales have recently begun taking profits by swapping their XRP holdings to DTX Exchange, creating ripples throughout the market. Investors are now eyeing the exchange’s upcoming milestones to gauge whether it could redefine profit opportunities.
NEAR Protocol Price Soars Following International Support
NEAR Protocol (NEAR) recently experienced a 34% rally, pushing its price close to $5.7. This surge follows Deutsche Telekom’s decision to support the network, which boosted investor confidence. The telecommunications giant plans to run a validator node on NEAR Protocol, further strengthening its ecosystem.
Technical indicators hint at a “strong buy” signal as NEAR Protocol trades above its simple and exponential moving averages. 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
In tune with the ongoing rally, the XRP price has surged 47.4% in the past week. Following the recent XRP re-listings on Robinhood, Ripple catapulted 22% in less than 2 days. Societe Generale-backed stablecoin EURCV debuts on XRP Ledger, expanding beyond Ethereum and Solana, boosting XRP’s ecosystem.
With all of these pushes, the XRP price appears to be near 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 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 at the forefront of crypto 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 evolving trading as we know it by digitizing assets. By creating tokenized assets to represent real world financial instruments and commodities, investors are introduced to a larger market that is not confined to the walls of just cryptocurrencies. The assets span FX, crypto, equities, and more.
However, DTX Exchange 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 conclusion, a market analyst predicts a potential 2,000% rally after launch. Get in now on the lowest DTX Exchange would ever trade!
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