The changes in the US political landscape, especially in the SEC, have triggered a mega bull swing in Ripple (XRP). In the last seven days, XRP has increased nearly 90%, becoming the official bull market leader along with DTX Exchange.
DTX Exchange has risen 500% from the initial price of $0.02. DTX Exchange is in the early phase of its journey and will soon launch its mainnet. This news has triggered the demand for the presale, which has raised over $9.3 million in the first two days of the sixth stage.
Ripple (XRP) Becomes The Third Largest Cryptocurrency Amid Regulatory Headwinds
Ripple’s XRP has surged to become the third-largest cryptocurrency by market cap, overtaking major tokens like Solana. This milestone in Ripple comes as a wave of crypto-friendly policies begins to reshape the market. On Monday, XRP soared 38% in just 24 hours, hitting $2.87—the highest in years. Ripple has drawn billions in fresh investments, boosting its market cap to $160.6 billion.
Investors are now rallying for XRP to secure a spot exchange-traded fund (ETF), following the lead of Bitcoin and Ethereum, which gained their own spot ETFs earlier this year. New York-based asset management firm WisdomTree has joined the race by filing an S-1 application with the U.S. Securities and Exchange Commission (SEC) to launch an Ripple XRP ETF.
Many in the crypto industry see SEC Chair Gary Gensler as a tough anti-crypto regulator. Critics argue that his leadership has created roadblocks for the industry, leaving much-needed regulatory clarity out of reach and from the recent events Ripple has benefited a lot.
DTX Exchange (DTX) Set For 7,200% Growth From $0.12
DTX Exchange is a new project of immense utility in the exchange industry. It leverages the VulcanX blockchain technology, which combines the CEX and DEX in a unified platform. It provides an advanced and multi-function trading platform set to disrupt the exchange industry. Some industry experts have named it the best trading platform.
DTX Exchange provides beginner traders with knowledge of the markets and its leaderboard feature, exposing them to the leading traders’ setups and ideas. DTX Exchange keeps traders updated with increased knowledge through various programs and incentives.
Due to the platform's hybrid nature, users can access over 120,000 trading instruments in popular assets like ETFs, FX, crypto, etc. Features like distributed liquidity pools help traders to keep their operations smooth in any market. DTX Exchange provides 1,000X leverage for increased profit, so with $100 funds, you can create a position of $100,000.
The unique infrastructure and unmatchable features make DTX Exchange one of the best developments among its peers. After the launch, DTX Exchange can rise up to to 7,200%. If a retail investor invests $300 in DTX tokens at the current price of $0.12, that can turn into $21,900.
Learn more:
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.