The frog meme, PEPE, and Ripple (XRP) are sporting losses in their trading timeframes, but their investors are optimistic about surges over the next few weeks. A whale has withdrawn a huge amount of PEPE tokens from Binance, and crypto analytics expect a rally from Ripple soon.
However, there is a new DeFi coin that experts are tipping for gains. The new DeFi coin could be a lifesaver for most traders, too, as its presale is making waves across the crypto-verse.
What’s the new DeFi token? And how will it be breaking into the crypto spotlight? Answers to that and more in a bit.
PEPE Tokens Moved From Binance: What’s the Reason?
It was a jaw-dropping move, the kind you won’t expect any blockchain monitor to miss, that occurred on the Binance platform last weekend. A crypto whale transferred about a million dollars worth of PEPE tokens to a personal wallet, leaving most traders to speculate on what the move means.
LookonChain spotted the move, revealing that the whale holds about $9.53 million worth of PEPE coins at the moment. While many price actions could follow this move, one thing is certain: the PEPE price is about to get a lot more volatile.
PEPE is down from its latest surge, trading at $0.0000096 with 5.64% losses in the past seven days. If any bull run is coming out of the token, traders are expecting it to be soon.
Ripple Backs Kamala Harris for 2025
The co-founder of Ripple Labs, Chris Larsen, has donated over $1 million to US presidential candidate Kamala Harris’ campaign. Larsen’s logic behind the move is quite unclear, as the Trump campaign has been more vocal about supporting cryptocurrency should Donald Trump win the polls.
The support for Harris is also coming at a particularly dicey time, as the Ripple project is still locked in against the US SEC in court. The latest is another round of appeal and cross-appeal filing from both parties, leaving the XRP price hanging in the balance.
Already, Santiment said the token will soon be up in the green zone, and some analysts believe that closing above $0.55 is key to maintaining any bullish trend on XRP. The Ripple price has the potential to get to $0.60, but that will depend on the first resistance. For now, XRP is on a weekly 0.42% uptrend and a 7.43% monthly downtrend.
DTX Exchange: Several Markets, One Interface, Maximum Gains!
The idea of most DeFi coins was to offer crypto tokens for trading. Now, times are changing, and instead of simply getting crypto trading options, traders want more.
And ‘more’ is what DTX Exchange provides, as the developers managed to get the three most famous digital trading markets onto one platform. In other words, users on DTX Exchange have access to company shares, stocks, and bonds for trading, as well as Forex currency pairs to go with the customary crypto tokens.
The VulcanX blockchain is what DTX Exchange runs on, and in addition to the diverse trading features, there’s a multi-asset wallet on the platform. The DTX wallet helps store several assets a trader can own on the platform.
Essentially, users get their portfolio balance at a glance, making it easier to track the progress of individual trades and markets relative to the others.
The DTX token could ride on the wave of traders that would flock to the project when it launches. Its utility and the high demand it would get could set it up for massive price uptrends. And that would be in addition to its presale surges.
Pepe and XRP Traders are Bullish on the DTX DeFi Coin
Pepe and Ripple are not putting out convincing performances, and despite the bullish predictions, traders are still exploring other options. One such option is the DTX Exchange project, where traders get a paradise of opportunities for profits.
The DTX public presale is still in Stage 4, and each DeFi coin is worth $0.08. The project offers investors the opportunity to make 50% profits by launch day and a potential 100x ROI after launch.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
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Source: https://cryptodaily.co.uk/2024/10/expert-presents-this-new-defi-coin-as-lifeline-as-investors-await-promising-trends-on-pepe-and-xrp