In a stunning move, the most profitable Bybit trader has funneled $800K in just 24 hours from XRP to a trending altcoin on DTX Exchange, capturing the attention of the crypto community. This shift comes at a time when the market is highly dynamic, with traders closely watching the performance of new assets.
By tracking onchain data, we can uncover the strategies behind this move and understand what could be driving the trader’s decision. In this article, we will discuss the details of this dramatic shift.
Ripple CEO Comments on US Digital Asset Sentiment and Expansion
On Sunday, January 5, Brad Garlinghouse, the CEO of Ripple, talked about a big change in the way people feel about digital assets in the US. He said, “2025 is here, and the Trump bull market is real. For Ripple, this is personal because the SEC under Gary Gensler froze our business opportunities here in the US for years. But now, there’s a lot of optimism, and it’s well deserved.”
Ripple’s CEO also mentioned that the Trump team is helping boost innovation and job growth in the US, even before they’re officially in power. He added, “Say what you want, but the ‘Trump effect’ is already making crypto great again, through his campaign and the priorities of his team from day one.”
Ripple is growing in the US, with 75% of their open jobs now based there. Garlinghouse shared that Ripple signed more deals in the last six weeks of 2024 than in the previous six months. This growth might be linked to the belief that the SEC will stop fighting the court’s decision in Ripple’s case.
DTX Token Gaining Momentum as XRP Surge Looms
While Ripple (XRP) anticipates a price surge due to the “Trump effect,” the DTX Token is quietly gaining traction during its presale. Priced at $0.14, DTX has captured the attention of XRP whales, signaling increasing confidence in the project.
DTX is the core token of the DTX Exchange, an innovative platform that integrates stocks, crypto, and forex into a single seamless ecosystem. With its cutting-edge features, the exchange is quickly becoming one of the most exciting ventures in the blockchain space.
XRP Price Movement and Market Expectations
On Sunday, January 5, XRP Price dropped by 0.90%, after losing 1.35% on Saturday. This broughtXRP Price to $2.3986. The overall crypto market also went down a bit, reaching a total value of $3.420 trillion.
Many are hopeful that the SEC will drop its appeal by January 15, which could push XRP’s price up to $3. If the appeal is dropped, XRP Price could even rise above its 2018 all-time high of $3.5505. But if the SEC continues its case, XRP’s price might fall below $2.
DTX Token: A Rising Competitor in the Crypto Market with Huge Potential
DTX is quickly becoming a strong competitor in the crypto world. Now in its seventh presale stage, it has already raised an impressive $11.3 million, with each token priced at just $0.14. The excitement around this exchange is so high that experts predict it could see a 3,000% increase in value by 2025.
DTX Exchange is poised to be a game-changer. It will offer a hybrid platform that combines the best of centralized and decentralized exchanges. Traders will have access to over 120,000 asset types, including cryptocurrencies, stocks, forex, and ETFs, all without needing to go through KYC checks. This will ensure better privacy, and traders can even leverage their investments by up to 1,000 times. For example, with $100, you could access up to $100,000 in liquidity.
DTX token holders will also have rights to vote on the platform’s future and share in the profits through the rebate program. Those with larger holdings can help shape the direction of the exchange and benefit from its success. With over 300,000 wallet addresses already established and impressive transaction speeds (100,000 TPS) during tests, DTX is on track for significant growth.
For more information about DTX Exchange (DTX), check out the links below.
