The ongoing trade war, which started with the USA’s increased tariffs on China, has sparked uncertainty in the crypto market. This encouraged many traders to sell their XRP and AVAX holdings, lowering prices.
On the other hand, there have also been positive developments related to cryptocurrencies. According to recent Ripple news, many firms are filing for XRP ETFs. Also, after being approved for trading by Hong Kong authorities, Avalanche has partnered with many institutions across Japan, Singapore, and Korea.
DTX Exchange has become the fastest-selling presale in this changing environment, raising over $14.7 million with over 700,000 active holders. Let’s see how this emerging altcoin can grow exponentially in the evolving crypto landscape.
Ripple News Sparks Positive Outlook
Traders have been actively monitoring Ripple news since the start of the legal battle between Ripple and the US SEC. The outcome of this case will seriously affect the XRP price and the overall DeFi sector.
In more recent Ripple news, the RLUSD stable coin has reached a total supply of $120 million. Experts suggest the mass adoption of RLUSD in the XRP ledger will boost XRP’s performance in the long run.
Moreover, crypto headlines are filled with the Ripple news about the SEC acknowledging a filing from the NYSE and Grayscale to convert Grayscale’s $16.1 million XRP trust into a fully tradable spot ETF.
Avalanche Becomes Oversold: Will The AVAX Price Surge?
After its massive rally in November, Avalanche faced rejection at $55.4 and reversed, dropping to the $34.5 support. Due to reduced demand, AVAX continued in sideways price action above this level for over a month. Last month, the Avalanche price dropped below this support and has been consolidating between $23.7 and $27.3 for the past two weeks.
Courtesy: TradingView
In the previous 24 hours, AVAX has plunged 5.72% and is trading at $23.76. Due to the continued decline, Avalanche is back at the price before the rally. AVAX trades below its long-term 200-day and 500-day SMAs.
The RSI is 32, indicating Avalanche is almost oversold. However, the trading volume for AVAX has increased by 54% today, and the MACD oscillator indicates increasing bullish pressure. So, if demand returns and AVAX breaks out from the immediate resistance, it may continue with another rally.
DTX Exchange: Next-Generation Trading Platform
DTX Exchange is an Ethereum-based utility altcoin that has introduced a revolutionary hybrid trading platform offering the best CEX and DEX elements in one interface. Its native layer-1 blockchain, VulcanX, bridges the gap between DeFi and TradFi by integrating traditional financial instruments in a decentralized infrastructure.
Thus, DTX allows its users to trade stocks, bonds, crypto, forex, etc., enabling them to manage over 120,000 assets from a single platform. The platform also offers users up to 1000x trading leverage, helping retail traders exponentially increase their profits.
The platform runs on the native token DTX, a crucial part of the ecosystem. DTX holders have special access to premium features such as staking and governance, enhanced analytics, and loyalty rewards.
The token is available at $0.18 in the bonus round launched due to immense demand from interested investors who expect the market to thrive due to the positive Ripple news.
The early presale participants have made a massive 800% return on investment since the initial price was $0.02. However, new investors can still make substantial returns as DTX will launch at $0.20 after this round.
Final Thoughts
Analysts predict DTX Exchange will experience explosive growth after its listing and can reach the same market cap as Avalanche, which is $10 billion. Since the total supply is capped at 475,000,000 DTX tokens, this valuation would mean DTX will be worth over $20, providing over 100x returns to current holders.
Thus, despite Ripple news hinting at XRP’s recovery, analysts prefer DTX as it can outperform XRP and AVAX with its massive rally.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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March 15, 2025
March 15, 2025
March 15, 2025
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