Ripple (XRP) and Toncoin (TON) faced significant downtrends in 2024. However, Ripple (XRP) traders recently highlighted two promising picks: Toncoin (TON) and the emerging hybrid platform DTX Exchange (DTX). Both are expected to perform well this year.
DTX Exchange, currently in its presale phase, is gaining attention as a top investment opportunity. Its stage 3 token allocation sold out almost completely within days of launching. Experts are showing more confidence in DTX Exchange than in other market altcoins.
Toncoin (TON) Reverse Back To Retest Support
Toncoin (TON) dropped around 10% after the ascending trendline support was broken. But now the price has reversed, and we are proceeding to retest the support zone of $5.1. In 2022, Toncoin (TON) performance was slightly bearish, followed by a sharp downturn in early 2023, dipping to $1.20 before fluctuating. However, in 2024, Toncoin (TON) gave a monstrous rally, reaching above the $8 level.
Toncoin (TON) has gained popularity by leveraging the social messaging app Telegram, which helped boost its prominence. However, the recent arrest of Telegram’s CEO has negatively impacted Toncoin (TON)’s price.
200% ROI In a Month – DTX Exchange Recovering Losses Of Traders
DTX has been a fast-growing exchange for traders and investors. This is due to its very tactful utility coin and 200% return in a short time. Financial experts are already predicting that it will disrupt traditional financial sectors and take the place of leaders in the exchange space. Strong voices in the crypto world, like CryptoDexWorld, have also noticed the positive aspects of this project.
DTX is a company that breaks the usual way in which the markets trading is carried out on a global level by solving one of the key issues of traditional finance, such as financial exclusion, limited access, lack of diverse asset classes, counterparty risks, centralization, and high fees. The platform allows users to carry-out the business of trading assets of over 120,00 including but not limited to, cryptocurrencies, stocks, bonds, and commodities. Contract-for-differences and forex are also among the assets.
DTX Exchange is among the few on the internet with a layer 1 security system based on blockchain technology. This feature guarantees safe trade and swift, reliable transactions. Additionally, the exchange offers users non-custodial wallets that enable them to control their private keys and digital assets entirely, thus, cutting down the hazard of security breaches.
Ripple (XRP) Weak Price Action Despite The Recovery
Ripple (XRP) has a passionate and dedicated community supporting it as the 7th-largest cryptocurrency by market cap. However, even its most ardent supporters can’t ignore its recent struggles. Ripple (XRP) has fallen by 9.69 % over the past month and is quickly losing ground to cryptocurrencies that offer better returns. At the moment, Ripple (XRP) is trading at $0.5318, and the upward outlook is very weak right now.
Other Altcoins have seen some recovery in the last two days, but Ripple (XRP) has not been able to surpass the red candle of 6th September. All the key moving averages are trading above the price, showing the bear power in Ripple (XRP).
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