Ripple has been gaining traction ever since Trump’s victory. However, the recent intraday surge of over 27% for the XRP token has confirmed it as one of the most bullish tokens of this bull run.
Gaining strength just like Ripple, this hybrid trading platform- DTX Exchange- has also emerged as a key to massive gains as it enters presale stage 6, providing massive gains to its early investors!
Ripple Becomes The Fourth Largest Cryptocurrency As XRP Grabs $100 Billion Post-Election Surge
The XRP token, which is linked to Ripple Labs, has become the fourth-largest cryptocurrency in the world in terms of market cap, after a weeks-long rally triggered by President-elect Donald Trump’s election win in November and recent speculation about the SEC potentially dropping its legal case against Ripple.
The price of XRP rose above $2.50 early on Monday, before dropping slightly to $2.30—a 27% surge over the past 24 hours and nearly a 50% increase compared to last week. Since Trump’s electoral victory, Ripple’s market cap has risen from around $30 billion to $131 billion on Monday.
Ripple’s market cap crossed $100 billion for the first time since 2018 over the weekend, as it overtook Solana’s SOL to become the world’s fourth most valuable cryptocurrency. XRP also briefly overtook Tether’s USDT stablecoin market value early on Monday, before settling slightly lower.
While the price of XRP has risen steadily since election day, the surge in its prices over the weekend came after Fox Business reported that the New York Department of Financial Services may soon approve the launch of Ripple’s RLUSD stablecoin. The report said the company may be preparing to launch RLUSD as early as December 4.
Trump’s electoral victory and SEC chair Gary Gensler’s announcement that he is stepping down in January, has triggered speculation about the Ripple case. Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo said he thinks the SEC should drop the case against Ripple. Giancarlo is one of the top contenders to serve as the “Crypto Czar” in the incoming Trump administration.
This has affected the Ripple price actions, preparing the XRP token to reach a new all-time high in this bull run! Just like Ripple, DTX Exchange has also had an explosive growth pattern in 2024!
DTX Exchange Rides A Bullish Wave With A 400% Value Surge
Due to its great presale performance, DTX Exchange (DTX) is quickly becoming a favorite in the crypto market. This altcoin has seen a price jump of 400% so far, and the presale is still in phase five, which means more price growth will come. Furthermore, the recent listing on CoinMarketCap has exposed it to millions of new investors.
The DTX token will be the main currency on the DTX Exchange – a hybrid trading platform that combines the best of CEX and DEX. Therefore, people will trade over 120,000 asset classes like gold and crypto coins at 1,000x leverage. With this development, people will also easily enter the $18T gold market and many more.
By holding DTX, traders will get governance voting rights which gives them the ability to have a say in developing the DTX Exchange, reduced fees for trading, and a passive income which is a part of the trading fee revenue earned through the platform.
Currently, one DTX is worth only $0.12 as it enters phase six of its presale. However, once phase seven begins, this altcoin price will reach $0.14. Additionally, DTX Exchange announced that the price may be $0.20 after a Tier-1 crypto exchange lists this token. In other words, this could be a 100% return for all those who buy it now.
The hybrid platform has left traders and analysts astonished by its massive presale raise of over $9 million. The DTX tokens have been selling out in the presale stages way before the anticipated time! Thus, now is the best time to join the presale mania of DTX Exchange and grab the opportunity to make millions!
Key Takeaways
In the final month of 2024, Ripple gains momentum, while DTX Exchange emerges as the DeFi economy’s future. With both DTX and XRP coins primed for spectacular growth, experts are left shocked by their explosive growth and suggest investing in these altcoins!
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