Ripple (XRP) Fails Breakout While DTX Exchange Becomes The Presale Sensation With Record-Breaking Performance
Ripple (XRP) has been one of the best performers in the last month and after the recent consolidation it tried to break the upper resistance. However, Ripple (XRP) price failed to sustain above the $0.64 level and is currently trading at $0.65 down over 6% from the top.
Meanwhile, the presale sensation DTX Exchange has crossed the $1 million mark in no time an targeting to add another million in August. The investors who sold their position in Ripple (XRP) and Bitcoin (BTC) recently are now pouring money into the presale of the DTX Exchange.
Ripple (XRP) Invests $10 million in OpenEden’s TBILL tokens
Although the price of Ripple (XRP) has struggled recently, but here have been some positive developments in the Ripple (XRP). After the failed breakout Ripple (XRP) is trying to sustain above its 20 days moving average which can provide a good support.
In the recent development, The Ripple (XRP) Ledger (XRPL) is gaining attention with the upcoming launch of tokenized U.S. Treasury bills (T-bills) by OpenEden. This launch marks a major milestone for the platform, opening the door to wider institutional use of DeFi solutions.
To further its commitment to real-world asset (RWA) tokenization, Ripple (XRP) has invested $10 million in OpenEden’s TBILL tokens. Ripple (XRP) investment shows its confidence in OpenEden’s approach and the potential of XRPL for hosting high-quality financial applications.
Bitcoin (BTC) Slides Below $65k Amid War Tension and Fed Holding The Rate Same
Bitcoin (BTC) dropped below $65,000 after the United States Federal Reserve decided to keep interest rates unchanged and as conflicts in the Middle East escalated. It fell to low of $63,568, after the last this is a good fall as the Bitcoin (BTC) price was showing strong momentum
Fed Chair Jerome Powell stated that the economy is growing at a “solid pace” with positive signs for GDP growth and Private Domestic Final Purchases (PDFP), even though consumer spending growth is slowing as planned to reduce inflation. Donald Trump’s praise for Bitcoin (BTC) had previously boosted its price, and the upcoming election is expected to influence Bitcoin (BTC) value further.
DTX Exchange Rising Continously Amid Market Correction
DTX Exchange (DTX), a new presale token, made headlines by raising over $2 million in its private/seed sale, attracting global investors. In just under two month, it also collected over $1 million in its public presale, making it even more appealing to investors.
DTX unique benefits and futuristic technology makes it a promising investment for Ripple (XRP) and Bitcoin (BTC) investors. The upcoming ICO offers a range of benefits and a stable trading platform that merges decentralized and centralized exchange features. It ensures enhanced security for a professional trading experience, offering 1000X leverage and no KYC requirements.
DTX Exchange also prioritizes diversity, allowing traders to choose from a wide range of trading assets, thus increasing their profit potential. By enabling trading across various markets, including forex, CFDs, crypto, commodities, and equities, it significantly improves trading efficiency.
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