DTX Exchange gains the limelight in the crypto sphere despite the Uniswap (UNI) price surges and Ripple’s (XRP) twisted battle with SEC. The blockchain has been setting records with its presale. DTX’s unique features have been acting like a magnet for investors.
The platform is set to cast a shadow on other blockchains through its tremendous progress. Its presale performance has already outshined Uniswap’s (UNI) price decline. Ripple (XRP), which has reached a boiling point in its fight with the SEC, has already been underperforming as compared to DTX Exchange.
Uniswap (UNI) Price Slumps Amid Broader Market Pullback
Uniswap (UNI) has recently experienced a price slump amid a retracing crypto market. The token has massively declined by over 12% recently. This price pullback has broken below the neckline of an inverted head-and-shoulders structure.
This move has showcased a major shift in sentiment for the project and signals a potential point of concern for investors. Uniswap has been under scrutinity by the US Securities and Exchange Commission (SEC), casting major doubts on the future of the UNI token.
Ripple (XRP) VS SEC: XRP Price Reaction And Settlement Outlook
The US Securities and Exchange Commission (SEC) and Ripple Labs’ long-simmering legal dispute has reached a boiling point. The Chief Legal Officer of Ripple (XRP) network shot back, stoking controversy over penalties and casting doubt on the case’s verdict.
Ripple (XRP) invoked the Terraform ruling to cut down on the penalty demands from the SEC, with the agency proposing a new fine of $102 million, which Ripple wants reduced to $10 million.
Following the news, the Ripple (XRP) has kicked off the week with a significant rise, defying the broader market sentiment. The market gave a bearish outlook where most altcoins suffered price corrections, however, Ripple (XRP) maintained its upward trajectory.
The XRP token trades at $0.5159, gaining 5.4% in the past day and 3.6% in the past week. This is the highest it has traded after its drastic drop on June 7 and is a 10% rise from its monthly low of $0.4679. Trading volume rebounded by 60% to hit $1.47 billion, the fifth highest for non-stablecoin cryptos. Regardless of its price performance, the platform fails to outperform DTX Exchange.
DTX Exchange’s Privacy Features Make It A Rising Star In Crypto Space
DTX Exchange protects user data by adhering to strict privacy policies and implementing robust security measures to thwart potential attacks. It enhances security by encryption, two-factor authentication, penetration testing, minimal data collection, and anonymous trading options.
The platform has succeeded in raising over $700,000 in the ongoing presale. It has only completed 26% of the second stage of the presale, however, the platform has succeeded in gaining an overwhelming amount of support. The current price of $0.04 appears very promising to investors.
The platform gives holders access to exclusive features in addition to saving money on trading fees. An additional element attracting investors to DTX is the impending announcement of a giveaway.
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