The release of former Binance CEO Changpeng Zhao was expected to raise the BNB price last month, but BNB traders were left sorely disappointed. At any rate, the token is back in the green, along with Ripple (XRP) and its trusty token.
DTX Exchange (DTX) is a new project intending to break into the top crypto ranks. The bull market is on now, and DTX is looking increasingly attractive.
ATH on the Cards for BNB in a Potential Bull Market
The Binance native coin, BNB, touched its ATH earlier in 2024, peaking at $750 in June before dipping along with other tokens in the summer. September seemed to be promising, too, but the correction pulled the BNB price under, bringing it to about $540 in October.
There’s been some recovery on BNB charts in the past week, however, as the token has managed net gains of about 4% to trade at $571.34. The short-term bears a lot of promise for growth as the BNB price edges closer to $600.
Optimism is also high in the crypto-verse, and traders are expecting BNB to touch $747 by the end of 2024. It’s a bull market, after all; much is possible, even for BNB.
Ripple ETFs: A Fortunate Turnaround for XRP?
The Ripple project locked horns with the SEC in 2020 for the sale of unregistered securities as XRP tokens to crypto traders. The lawsuit has worn on since then, forcing the XRP price into a range while other top altcoins trend to their ATH prices.
Now that the process of Ripple ETFs has started, some recovery might be on the cards. Canary Capital recently filed for XRP ETFs with the SEC, joining Bitwise in an attempt to bring institutional traders onto the Ripple network.
It could also be very good timing for the Ripple token, as it is deep in bearish territory. The token has faced rejection from its 200-day EMA at $0.554 and is trading at $0.527 with some 1.2% weekly losses.
Ripple’s XRP could go 10x in the next bull market, but that will require the bulls to lock in for the month. For DTX Exchange, it’s all about the presale.
Embrace Flexible and Borderless Trading on DTX Exchange
Traders have the clutch launch of the year scheduled in a few months; the DTX Exchange is going live with all its income streams. Moreover, the presale is ongoing, offering 100% gains–no one is about to pass that up.
With DTX, trading gets easier and more profitable. The platform has about 120,000 assets traders can select from for their portfolios, which are not all just crypto. The DTX Exchange is a meeting point for all three digital markets–stock, Forex, and crypto–allowing users to maximize their strengths and experience other marketplaces.
The project also has features for newbie investors to learn the ropes of trading under the tutelage of more experienced traders. Rookies can study and copy trading patterns that earn experts their reputation.
Consequently, the 120,000 tokens comprise tradable assets from all three markets, plus some Real-World assets backed by crypto coins.
It’s trading heaven, even more so with the 1000x leverage option. Not every asset has that, but for those that do, the traders can manipulate the heights of the market even with limited capital.
The DTX Presale: Why are Traders Flocking in?
The DTX tokens are on sale at $0.08 in the ongoing Stage 4 of its public presale. At this rate, there’s still a chance at 100% gains before launch day since the tokens are expected to launch at $0.20 each.
However, the post-launch gains could outweigh the presale 100% ROI. Experts predict that DTX could rally up to 10x in the next bull market, and that’s why BNB and XRP traders want to join.
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