XRP Cannot Resist Hedge Fund Selling, But Retail Traders Are Pumping This $0.18 Altcoin 

Ripple’s woes are increasing as XRP price drops further. It has dropped below the $2 key price level and is likely to lose further ground as hedge funds are liquidating their positions due to the poor indicators for XRP price going forward. As dropping demand pushes the price down further, investors are opting to pick up other and more profitable options. 

Most of Ripple’s investors picked up positions in anticipation of the XRP price surging over the $3-4 range in February and onwards as its SEC and other issues started to resolve. However, the Ripple network has been plagued by token supply and other management issues. These, coupled with the broader market trend of consolidation and focus on immediate and verifiable utility, have impacted the XRP price’s performance.   

The current market appreciation for high-utility projects as well as strong market performance, is drawing in investors hungry for profits to the hybrid trading project DTX Exchange (DTX). It has raised $15.3 million in presale as its final round is almost halfway through and its listing date approaches. 

DTX Exchange (DTX): Cross Asset Trading Excellence

While established networks like Ripple experience demand issues and the XRP price chart shows deep drops, the DTX Exchange presale is experiencing a boom in demand. The presale is almost over, and investors have a last chance to book 2X gains very soon as the token is set to list sometime in Q2. 

So why are investors flocking to an unknown, unlisted project? The DTX Exchange is offering users a hybrid trading model. This means that traders on DTX will be able to cross-trade between different asset classes. Cryptos with stocks, forex, ETFs, and vice versa. The platform also enables the tokenization of assets and cryptos so that they can be exchanged with each other. This opens up a whole new potential for earning from trading across asset classes. 

Along with this, DTX Exchange also boasts of the fastest blockchain in the industry as its VulcanX has recorded a speed of 200,000 transactions per second, which is much faster than Solana, which is currently considered the fastest with its 60,000 transactions per second.

This means that users will get to execute their trades in fractions of seconds and won’t miss out on deals due to network slowdowns. With the bonus round currently available for $0.18 and a listing price of $0.36, investors can easily double their investment.  

XRP Price Plunges Under $2 In Lazarus Aftermath 

The XRP price fell below $2 as the Ripple network lost key support range. It dropped further, along with the overall crypto markets. The token has now lost 36% of its value in the past month. Ripple is challenged by regulatory and technical uncertainty as well as declining institutional support. 

Ripple’s XRP price drop highlights the difficulties older and large-cap cryptos are facing as investors move their interests to focus on high potential and high gain projects like DTX Exchange. The volatility in the XRP price chart presents a clear difference from DTX Exchange’s strong presales. Ripple’s regulatory and technical battles as well as delayed XRP price recovery, are raising concerns about its future potential.

Conclusion

DTX Exchange offers a clear improvement over Ripple’s XRP price losses and offers users a clear use case project. While XRP price fights to sustain price levels, DTX’s bonus round is over 50% through, and the window of opportunity is closing.  

Investors need to move fast to avail this option to 2X their investment as the DTX price moves from $0.18 to $0.36. Tokens are rapidly selling out with only a limited supply remaining.

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