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As the third phase of the DTX Exchange presale nears completion, Toncoin and Ripple whales are stepping in, bringing the total amount raised to $2.8 million.
DTX exchange is nearing the end of the third phase of its presale as it sees a massive surge in whales from established crypto platforms. These platforms include Toncoin (TON) and Ripple (XRP). The whale activity from TON and XRP has pushed DTX’s presale to raise over $2.8 million.
Analysts describe the DTX exchange as a “whale magnet,” as it continues to attract whale interest from established crypto players. The current session is recording positive sentiment on both Toncoin and Ripple, but whales have turned to DTX due to its explosive potential.
Positive momentum surrounds Toncoin
According to IntoTheBlock, Tonquin It has garnered 1.5 million individual holders and a staggering $1.2 billion in trading volume as of September 9, making it one of the most active networks for trading USDT.
Analysts estimate that the increased user interest and adoption of the currency is reflected in the increased trading of USDT on Toncoin. In early April, Toncoin hosted the debut of the stablecoin from USDT issuer Tether.
Notcoin and Hamster Kombat are two well-known dApps that have contributed to Toncoin’s success. In recent months, user engagement on the Toncoin blockchain has increased thanks to click-to-earn activities.
Despite trading at an intraday high of 1.7% at $5.68, Toncoin investors are moving towards projects that offer better ROI, such as DTX Exchange. TON whales reportedly increased the presale of DTX Exchange in the third phase of the presale.
Ripple Faces Regulatory Clarity, Upside Momentum
rippleRipple and the SEC have been embroiled in a protracted legal dispute for years. Now, Ripple has been ordered to pay a $125 million fine to the SEC, which is good news. It remains to be seen whether the SEC will appeal the ruling.
October is a crucial month for Ripple. Institutional investors who have been hesitant to invest due to regulatory uncertainty will likely be able to access the market with legal clarity. Additionally, Ripple has been positioned as a core asset on the blockchain through Ripple’s ongoing efforts to expand its use cases, especially in cross-border payments.
Despite the market volatility, XRP price has shown resilience and is currently trading at around $0.584. If Ripple can effectively overcome its regulatory concerns and maintain its current connections with major financial institutions, analysts have set price targets ranging from $1 to $3. However, XRP whales are turning to the DTX exchange.
DTX Exchange Hits $3 Million as TON and XRP Whales Join
DTX Exchange is a new altcoin with untapped potential, poised to reach new price peaks. It is backed by solid fundamentals and a rapidly expanding community. With its current pre-sale, DTX Exchange has already raised $2.8 million, and by the end of September, it hopes to raise $3 million with TON and XRP whales joining.
A major player in online trading, DTX Exchange offers a hybrid layer 1 protocol that combines Web 3 commodities with traditional financial instruments. With up to 1000x leverage to enable traders to take large positions with modest capital and over 120,000 trading and investment instruments, DTX Exchange offers features that no other exchange has.
With a non-custodial wallet structure that allows traders to reclaim all their digital assets and private keys, DTX Exchange ensures security and decentralization. The platform is the best choice for investors who want to participate in DeFi in the future due to its potential to attract a large number of new investors.
To learn more about DTX, visit: Pre-sale site, Official website of DTX and Join the DTX community.
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