Crypto millionaires who have generated wealth follow one simple trick: buying coins with great fundamentals at lower prices in their early stages. One crypto whale who bought Ripple (XRP) at $0.40 is now backing DTX Exchange (DTX) and PEPE. In the recent XRP price volatility, he liquidated his positions and moved funds to DTX and PEPE tokens.
The liquidation was followed in anticipation of a potential bull rally in the crypto market. PEPE is already an established meme coin, and a new DeFi entrant, DTX Exchange, is turning heads in its presale stage as the disruptive project aiming to revolutionize the trading landscape.
Will Ripple’s XRP Price Continue the Momentum?
Ripple has emerged as the center of decentralized finance, partnering with big names and government agencies. The result has been seen in the XRP price, which surged over 500% from the breakout level in the last rally. Ripple’s XRP price performance has been phenomenal, but investors are now confused about whether it will continue the momentum.
Source: CoinMarketCapDue to the recent decline, the XRP price has become significantly more volatile, and a long wick on the downside is visible in the daily chart. To reverse the XRP price direction, bulls must sustain the $2.50 support level and drive it above $3. The relative strength index (RSI) is currently at 38. If the XRP price declines further, it could reach the lower band of the index, which could be a good opportunity for Ripple to attempt a recovery.
PEPE Falls Near November Low: Dip Opportunity?
Pepecoin (PEPE) plunged 63% from its December high of $0.00002868. Currently trading at around $0.00001010, the token has stabilized and surged 2.56% in the past 24 hours. However, the continuous downtrend in PEPE has raised concerns among investors. This recent sharp decline has wiped out over $25 million in liquidations within two days.
If PEPE continues to drop and closes below $0.000010 on the daily chart, it could fall another 20% from current levels. The coin’s future remains uncertain and depends on broader market trends. A rebound in the crypto sector and renewed interest in meme coins could help PEPE regain momentum.
DTX Exchange Outshines Competition Raises Over $13.50 Million
DTX Exchange (DTX) has captured massive market attention because it has outperformed emerging projects and raised an outstanding $13.50 million within just a few weeks of its launch. DTX Exchange is introducing the first hybrid trading platform, which bridges the gap between CEX and DEX. On its unified platform, users can access 120K asset classes, such as cryptocurrency, commodities, stocks, forex, and ETFs, without going through any cumbersome KYC procedure.
What makes DTX Exchange unique is its user-friendly trading platform and remarkable features that improve traders’ game. With a wide range of assets, users can benefit from the 1,000x enhanced liquidity, which directly increases the profit potential. Also, features like copy and social trading help novice traders learn the game from experienced traders.
DTX, the native token of the platform, is the backbone of the ecosystem. Token holders will receive governance voting rights, advanced analytical tools, and reduced trading fees. As a result, countless investors from major communities, including Ripple (XRP), are rushing to participate in the DTX presale.
In the last presale stage, each DTX token is priced at just $0.16. However, this altcoin’s price will rise to $0.20 at the time of exchange listing. An investor eyeing the next big crypto opportunity, DTX Exchange is a name you won’t want to ignore.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
The post Twitter Whale That Bought XRP at $0.40 Finally Sells $10M Holdings – Here are His Next Altcoin Picks first appeared on Coinchapter.
The post Twitter Whale That Bought XRP at $0.40 Finally Sells $10M Holdings – Here are His Next Altcoin Picks appeared first on Coinchapter.
