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Ripple’s XRP and DTX tokens are poised to rise as whales invest heavily and DTX presale exceeds $10.10 million despite market declines.
Experts reveal that the upward price movements of Ripple and DTX Exchange are not over yet and suggest that investors should turn to XRP and DTX tokens because these cryptocurrencies will rise even further. With Ripple’s stablecoin approval and DTX’s pre-sale frenzy, both platforms will reach new heights in no time!
Ripple (XRP) is witnessing a surge in XRP momentum as whales show confidence in the altcoin and invest heavily in the XRP token despite the market crash. Similarly, DTX’s pre-sale frenzy knows no bounds as investors push the pre-sale raise to over $10.10 million.
Ripple recovers: XRP whales invest $500 million amid market crash
Along with Ripple’s stablecoin approval, XRP’s rapid recovery also appears to have been supported by an unusual buying spree among whale investors. As global crypto markets entered a crisis on Monday in response to geopolitical risks, on-chain data trends show whale investors taking advantage of falling prices to buy the dip, increasing market liquidity and invalidating the bearish trend.
The Santiment chart tracks real-time changes in the balances of whale wallets holding at least 1 million XRP tokens. The chart reveals that Ripple price has been on a buying spree since mid-November, when controversial SEC Chairman Gary Gensler confirmed his imminent exit.
Following a slight selloff on December 4, when the XRP price reached $2.91, crypto whales took advantage of the resulting market volatility to purchase large amounts of XRP coins. Since December 4, the whale cluster has increased its balances from 4.58 billion XRP to 4.79 billion XRP at the time of writing on December 11.
Considered at current prices, this increase of 210 million
When whale investors make large purchases during a market downturn, the resulting increase in market liquidity allows panicked sellers to exit without causing a large drop in prices. This partly explains why the XRP price made an early recovery above $2.40 on Tuesday, outperforming other top assets such as BTC and ETH.
Investors are rushing to seize the opportunity to make huge gains before Ripple rises above its current value; Therefore, it appears that the vast majority of investors are flocking to the XRP token in the current bull run.
Massive opportunity – Investors are snapping up DTX Exchange at $0.12
DTX Exchange is emerging as the most capable player in the DeFi industry. With a unique trading infrastructure and combination of blockchain and artificial intelligence, DTX Exchange has attracted global investors’ interest in its presale. In the sixth phase of the pre-sale, DTX Exchange raised $10.10 million with more than 60% of the tokens sold.
DTX Exchange is preparing to change the ranking in the stock market space with its first hybrid technique and offers tough competition to established names such as Binance and Robinhood. DTX’s hybrid model combines features of both CEX and DEX, helping to increase investors’ growth and scale the platform on a global level.
The DTX trading platform allows traders to access more than 120,000 assets and features such as 1,000x leverage, VulcanX blockchain, and KYC-free registration. For the security of users, the exchange provides the Phoenix wallet, which is called one of the most secure wallets with cold storage feature.
The DTX ecosystem has a community-centric approach that allows community members to earn passive income through different models. The current undervalued price of $0.12 is quite beneficial for investors as it could rise to $10, as predicted by Wall Street analysts.
Key takeaways
According to experts who advise investors to switch to XRP and DTX tokens, the optimistic price movements of DTX Exchange and Ripple will not continue yet because these cryptocurrencies are expected to reach a much higher value. Both of these platforms are poised to reach new heights soon, thanks to DTX’s penchant for pre-sales and Ripple’s stablecoin authorization! Investors show unwavering trust in these platforms. Therefore, now may be the best time to invest in XRP and DTX before prices rise even further!
For more information, visit the DTX Exchange pre-sale website and join the online community.
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