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Top altcoins SUI and Ripple (XRP) have risen from their lows in October 2024, as their token values have significantly surged in the past month. However, recent developments have seen SUI dip considerably, even if XRP is getting bullish predictions.
The bullish trends have influenced the ongoing presales too, as traders are flooding the DTX Exchange (DTX) presale. Top traders believe the token will hit massive gains in the new year, and it’s no surprise that the presale is over $8 million in revenue. Read on for more details!
Ripple’s XRP Follows as BTC Consolidates
The XRP token was rescued from its decline by the latest crypto rally, as the general bullish mood in the crypto market saw Ripple break past its 50-cent barrier. However, like most altcoins that surged quite suddenly, XRP is finding it hard to hold on to its gains.
The Ripple token spiked to levels above $1.6 sometime last week, moving along with Bitcoin’s identical peak. BTC touched $99,000 before coasting and correcting to about $97,000, and Ripple’s XRP has tanked similarly.
XRP is now valued at $1.39, as the token slumped to try out support levels. The $1.4 level has clearly failed, and the Ripple coin will keep sinking till it can find a rebound. Reports show that the token could slip to about $1 in its search for a suitable rebound.
Sui Network Downtime Causes Major Setbacks
The Sui network had its first major outage last Thursday, November 21, 2024. The downtime lasted only two hours, but the SUI token price is still reeling from the effects of those two long hours.
According to the statement from the blockchain developers, it was a technical bug in its transaction scheduling logic that caused the outage. The bug affected validators, preventing them from processing transactions.
The result was some exchanges, like Upbit, pausing Sui transactions to last for hours. Such a gap in transactions sure took its toll on SUI, causing a 7% fall in value by Friday, November 22. The losses have not ended, as the SUI token has shed 13.1% in the past week.
The price forecasts for both SUI and Ripple’s XRP are not all too good; crypto users have switched their attention to more viable projects like DTX Exchange.
Fulfill All Your Trading Needs on DTX Exchange
The good thing is that it’s not just crypto users who are finding their way to DTX Exchange. The platform boasts hybrid trading, and it’s as diverse as the average trader would have ever wanted.
There are 120,000 trading instruments on the DTX Exchange trading platform, all from the three main digital financial markets. Equity products, foreign currencies, and crypto tokens are available for trading on DTX Exchange, and some of them come with 1000x leverage options.
To top off the list, DTX Exchange opens up the fast-growing sector of real-world assets to its traders, allowing them to trade crypto-backed commodities. Before you feel overwhelmed by all the different assets you might be trading, DTX provides a multi-asset wallet that offers you the state of your trading and assets at a glance.
Apart from conventional DeFi trading, DTX Exchange also has a platform for staking, where its users can contribute to the liquidity on the platform. That way, the platform will be economically stable, and users will be able to earn passively on their staked tokens.
The DTX Presale: Investors Prepare for 100% Gains Before Launch
The DTX token is yet to be listed as investors are still accumulating the token in its current Stage 5 of the public presale, where it is valued at $0.10. The plan is to position for the presale 100% ROI by the time the project goes live at $0.20 in a few weeks.
After the presale gains, investors can then look forward to a 100x DTX pump, as predicted by experts who believe the DTX Exchange platform will generate enough traffic with its attractive feature to spike demand for the DTX token.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
*This article was paid for. Cryptonomist did not write the article or test the platform.
