The first two weeks of the month have been exciting, from talk about ‘Uptober’ to Satoshi Nakamoto’s big reveal despite Peter Todd denying being the creator of Bitcoin. It was something. The SEC has also made headlines by filing an appellate order in the Ripple (XRP) case, plunging altcoins into uncertainty.
Meanwhile, big investors are flocking to DTX Exchange (DTX), a new ICO ahead of Binance Coin (BNB), looking for big profits. Its potential as a low-cost gem and a solid altcoin that combines the best elements of decentralized and centralized exchanges make it a new DeFi project worth betting on.
DTX Exchange (DTX): Whales bet on new altcoins and make huge profits
DTX Exchange (DTX) is the latest altcoin on Whale’s radar, gaining attention due to its novelty and significant growth prospects. This increased interest has pushed the initial funding amount this week to over $4 million, overtaking other top ICOs and solidifying its position as the highest presale of the quarter.
We’re now in the third round of pre-sale, and we’re getting closer and closer to our debut, making this a great buying opportunity. Smart investors have already cashed in on the $0.06 price tag and are poised for potentially big profits and joy. Meanwhile, experts predict that the number of whales will rise 50 times after they are stranded, partly due to increased interest in the whales.
The novelty of hybrid trading platforms is also driving demand. Unlike traditional trading protocols, DTX combines the best elements of DEX and CEX to create a one-stop platform for all your trading needs. It also bridges the gap between TradFi and DeFi by enabling trading in over 120,000 asset classes, potentially transforming the $10 billion global trading market.
Ripple (XRP): Bitcoin’s rise above $65,000 will trigger a rally
Ripple (XRP) occupies the top 10 cryptocurrencies and plays an important role in this field as well. As a payment-based protocol, it supports cross-border transactions and contributes to rising demand and growth.
However, sentiment is generally cautious and bearish following recent developments. The SEC’s appeal of the U.S. federal court ruling has cast a big shadow, pushing prices lower. Unsurprisingly, Ripple (XRP) fell in response to this development.
XRP price has fallen by more than 2% in the past 7 days. On the monthly chart, it plummeted from a high of $0.66 to $0.52, indicating market uncertainty and declining confidence. However, the indicators are showing a reversal. According to XRP price predictions, if Bitcoin breaks above $70,000, it is expected to cross $1.5 by the end of the year, making it a good cryptocurrency to buy at its current price.
Binance Coin (BNB): Is it impossible to reach $1,000 by the end of the year?
Binance Coin (BNB) is one of the major cryptocurrencies and one of the top five digital assets. It ranks second only to Ethereum on the altcoin list, highlighting its leading position and market power. More importantly, as an exchange-based token at the heart of the entire Binance ecosystem, it is always in demand, driving up its price.
Over the past few days, BNB Coin has been holding major supports, making it a bullish situation. On the weekly chart, BNB price surged 5% to over $570. It is likely to cross $600 in the next few days and will be added to the list of trending altcoins.
Additionally, BNB price predictions suggest it will exceed $1,000 by the end of the year. Binance Coin (BNB) may not be completely attractive to retailers given the cost of the token, but it is still one of the best cryptocurrencies to invest in for large investors.
conclusion
The price of Ripple (XRP) has been volatile recently following the SEC appeal, but if Bitcoin exceeds $70,000, it could break above $1.5. Meanwhile, DTX Exchange (DTX) has emerged as a top contender among whales over Binance Coin (BNB). Its 50x upside potential and novelty as a hybrid exchange platform make this a new DeFi project to bet on.
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