Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The crypto market surges as investors shift focus from XRP and Stellar to a new DeFi token, which is predicted to deliver 25x returns.
Table of Contents
The cryptocurrency market has strongly awakened and attracted many investors looking for opportunities to increase their returns exponentially. Although Ripple (XRP) and Stellar (XLM) keep thriving, investors have turned to a new crypto, a DeFi token, which can deliver 25x by the end of the year.
The new DeFi token offers access to many features and components that make it the best cryptocurrency investment in a market where XRP and XLM are thriving. Continue reading for more details.
XRP Wallet Activations Surge 10x as Ripple Expects Regulatory Clarity
Based on data offered by XRPScan, the number of XRP wallet activations increased tenfold over the past three months. This development highlights a strong interest in the Ripple-affiliated token, which enjoyed a massive rally of 284% in November 2024. Notably, last month was the best month for XRP since December 2017.
Since the start of November, the XRP bulls have been dominant, helping the token reach three-year highs. Although long-term investors started taking profits, the resulting pullback was short-lived as investors started buying the dip.
In another bullish news for XRP, Ripple will receive regulatory approval from the New York Department of Financial Services (NYDFS) to cater to its RLUSD stablecoin. Notably, RLUSD is pegged 1:1 to the dollar and will be introduced on December 4.
XRP was trading at $2.50 on December 3, up 76.65% in the last week. Market experts believe the Ripple coin will reach $2.85 this month as Ripple’s network implements more developments. Meanwhile, investors are moving to a DeFi token due to the increased growth potential that can enable it to deliver 25x by the New Year.
Stellar powers cross-border remittances, boosting XRP’s price
The partnership between Félix, Bitso, and the Stellar network is changing cross-border remittances for US-based Latino immigrants, as highlighted by a recent report. By blending blockchain technology and USDC stablecoin, the collaboration delivers quicker, cheaper, and safer ways to send money to Latin America.
Stellar has been making headlines for most of November 2024 as the crypto bull market intensified. As that happened, the co-founder of Stellar, Jed McCaleb, commented on the network’s huge growth. He claimed that the platform can process 10x more daily transactions than Ethereum.
With all these developments, XLM’s price has enjoyed bullish trends, recently hitting $0.6395 before retracing to $0.5591. The technical indicators show potential cooling, with increased support at $0.4815 and $0.3997.
XLM was valued at $0.5022 on December 3, 2024, gaining 12.52% in the last week. Market experts believe XLM will continue surging to $0.5815 in December as buying pressure increases. Despite the bullish movement in XLM, investors have turned to a new DeFi token, which is considered the best cryptocurrency investment due to its massive profit potential.
DTX Exchange: A DeFi platform changing crypto trading with 120,000 assets
DTX Exchange is a new crypto platform that is creating buzz in the sector during the current bull run. The DeFi token has performed impressively and has become one of the best crypto investment options due to its growth potential.
Interestingly, DTX Exchange is not like most other trading platforms that support trading services only for particular assets like stocks, commodities, indices, and bonds. DTX Exchange provides users with over 120,000 assets in its portfolio, including cryptocurrencies.
Supporting a wide portfolio of assets means that DTX Exchange is linked to the $714.7 trillion OTC derivatives market responsible for the new crypto’s massive growth potential. With all these assets available, it becomes easy for traders to handle many assets without switching between accounts or trading platforms.
Privacy is enhanced on DX Exchange because of its no-KYC policy, meaning that users transact without having to reveal their identity. This method also assists in meeting traders’ needs and is perfect for users looking for quick and easy registration.
DTX Exchange has dominated the crypto industry since its launch. The DeFi token offers an advanced investment concept and remarkable market performance, although it is still in its presale stage. In that context, DTX’s presale has raised over $9 million, and market experts believe it will surpass $12 million by the end of 2024.
With all these features and massive growth potential, DTX Exchange improves users’ trading experiences and offers attractive incentives for the DeFi token holders. The platform will become an investment hotspot because of the many innovations, massive privacy, and access to a wide array of assets. Thus, the DeFi token can deliver up to 25x gains by New Year.
The DTX DeFi token could deliver 25x gains by new year, say experts
The crypto market has been making headlines in the investment space with massive games that have attracted increased demand. Leading the pack is Ripple, supported by developments in its network together with Stellar, which enjoys high-profile partnerships.
However, none of them can compete with this new crypto, DTX Exchange, which has massive growth potential. The DeFi token is thriving in its presale as more investors rush to buy, resulting in an accelerated adoption rate.
Currently, in Stage 6 of its public presale, DTX is valued at $0.12, a 500% ROI for early investors who purchased the new crypto at $0.02. For those seeking massive profits of up to 25x before the new year, DTX could be the best cryptocurrency investment option. The new DeFi token is surging exponentially.
For more information, visit the DTX Exchange presale website and join the online community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This article first appeared at crypto.news