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The XRP price has slowed down after the intense rally in November. Due to this, many whales have been periodically liquidating positions in Ripple (XRP) to invest in emerging projects and capitalize on the most rewarding opportunities.
On-chain data shows that Ripple whales recently made an additional $1.65 million fund transfer to DTX Exchange, the most successful presale of the year. It has attracted seasoned investors by providing stable returns despite the slow market and the impressive 33.5% APY on staking the native tokens.
DTX raised over $16 million in bearish market conditions, which highlights its potential to lead the next bull cycle. Many investors are joining the bonus presale round to obtain this undervalued token at $0.18 and make a 2x profit on its listing at $0.36. Can it outperform the XRP price? Let’s find out.
Ripple Volatility Increases: What’s Next For The XRP Price?
The XRP price has faced significant corrections in the past few months but has maintained above the $1.9 support. Ripple dropped again to this support last week after a month-long downtrend caused by a recent rejection from the All-Time High (ATH) price of $3.4.
The price surged again after Trump revealed Ripple’s inclusion in the US Strategic Crypto Reserve. This announcement increased the XRP price momentum but also led to an increase in volatility. Ripple (XRP) shot up 34% on Sunday but lost more than half of these gains the following day due to profit booking.
In the last three sessions, the XRP price has recovered remarkably and currently trades at $2.34 after a 5.07% intraday fall. It has crossed the 100-day SMA today, and the MACD oscillator indicates increasing bullish pressure. If bulls retain control, the XRP price can break out from immediate resistances at $2.65 and $3 to touch new peaks.
DTX Exchange (DTX): Ready to Dominate Trading Exchange Space
While the XRP price is facing extreme market volatility, DTX Exchange’s innovative decentralized trading platform has made news with the inclusion of more than 120,000 financial assets in a unified platform. The hybrid approach helps traders diversify over different asset classes, which balance risk according to macroeconomic cycles.
To increase engagement and community growth, DTX has launched various loyalty programs. One highlight is the VIP Rebate Program, which helps traders earn up to a 3% profit share of trading revenue. Additionally, passive investors can stake their DTX tokens for up to 33.5% APY.
Before the platform's launch, DTX Exchange already demonstrated its progress with the Phoenix Wallet. This is a non-custodial multi-asset storage solution that gives owners safe and full authority. Additionally, AI trading bots and automated investment managers will help traders and investors manage risk and develop tailored strategies according to different market conditions.
With the increase in the listing price to $0.36, DTX Exchange has become a top choice for investors with its undervalued price of $0.18. This upgrade provides presale investors with 4x returns through the “LIST2X” promo code, which gives a 100% bonus on the discount. Early investors anticipate that its unique approach and high growth potential will draw in crypto natives together with mainstream traders.
Final Thoughts
The crypto market has the ability to provide explosive growth from time to time, and Ripple whales are capturing a similar opportunity with the DTX presale. DTX Exchange is introducing its advanced multi-asset trading to redefine the sector. Its passive income generation model is unique in the industry as token holders will benefit from price appreciation as well as the profit-sharing income.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
