DTX Exchange is gaining a steady investor following as its stable growth and ballooning investor base are setting it up to rival previous investor favorites Ripple (XRP) and Tron (TRX). The altcoin is in the 5th stage of its ICO phase and has raised $8.208 Million so far while giving earlier-stage investors an increase in their token price.
This has led to rising investor interest, especially as the markets continue to rally and investors begin to cash in on their holdings in search of better options. Some experts are going as far as to claim that DTX Exchange can challenge both Ripple (XRP) and Tron (TRX) despite their previous sustained growth. Anticipation of the token’s listing on the Robinhood platform is fueling these expectations.
With the anticipation of Ripple hitting $2, the XRP token seems to have broken past its resistance point at $1.10, and it seems to continue its bullish momentum ahead of $1.42. XRP has shown some good performance post-elections after news of an SEC settlement emerged.
The price rose 103.31%, mostly after the election results, but it is now in bullish mode with steady holding by many investors. Many alert investors are also balancing their portfolios and placing funds into more promising tokens like DTX Exchange for better growth and profits down the line.
In the current market action, TRX is also losing ground steadily as investors seem set to recoup their holdings and move on to other picks. TRX has risen just 29.42% in November, even though its year-long growth is 95.35%.
Tron also seems to have hit its resistance levels and seems to be underperforming against the competition.
DTX Exchange continues to capture the crypto community’s attention with its organized presale, which has raised $8.208 million across five rounds. The sustained price rise over each round is also attractive for seasoned investors.
This momentum builds as the token completes the development of its highly anticipated Vulcan X blockchain. This uses Layer-1 protocols to ensure the network’s security, scalability, and robustness before its official launch.
Unlike XRP and TRX’s current resistance levels or lack of market momentum, DTX is experiencing an ideal presale and the current launches indicate that it is a platform focused on long-term stability and scalability.
Its focused development approach highlights DTX EXchange’s commitment to end user convenience as well as investor confidence. This has attracted investors, as the ambitious roadmap and the concept of a scalable, secure blockchain network is an attractive combination. Many have ditched probable growth in the favor of expected growth and Ripple and Tron are both losing investors to DTX.
As DTX Exchange continues to surge and both Tron (TRX) and Ripple (XRP) seem to be at a potential resistance level, DTX’s progress sets it on a distinctive path. With its wallet launched successfully, and the blockchain underway, DTX is all set to take a central role in the blockchain space.
The expectation of the token’s listing on the popular Robinhood platform is fueling expectations of higher growth rates
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