The crypto world is famous for creating new millionaires every year. In the past cycle, projects like XRP became standout performers by giving exponential returns to early holders. In fact, at the peak of the bull run, holding the right altcoin can be life-changing.
This time, a new entrant, DTX Exchange, has entered the spotlight to recreate the same journey. With the popular presale already crossing $11.2 million at just $0.14, the similarities between Ripple’s last cycle and this new altcoin are surprising.
Target This XRP Price to Make Profits
The key to making profits with your XRP holdings is to set defined price targets for your exit. In the past few months, Ripple has been a notable performer with gains of over 300%. After starting 2024 at just $0.62, XRP managed to end the year at a notable high of over $2.44. Since then, the altcoin has continued to push forward with bullish momentum.
However, for holders and new entrants, it is very important to set the right XRP price targets to make the most gains. Considering that the Ripple ecosystem is buzzing with activity with updates like the RLUSD launch crossing $600 million volume and the upcoming XRP ETF, it is fair to say that the best is yet to come for this popular altcoin.
XRP charts show that the RLUSD release has resulted in a 14% increase in the ecosystem’s Total Locked Value (TVL). This means that the resulting price action could push XRP above its previous all-time high of $3.84. A potential trigger for this could be the approval of the XRP ETF applications filed by 21Shares and other leading companies.
DTX Exchange Labelled “Powerhouse For DeFi Features
Drawing similarities to XRP, DTX Exchange, a newcomer, has gained significant praise for its innovative features. The hybrid platform solves the challenges of conventional trading platforms by combining stocks, cryptos, and forex assets in a single application.
DTX Exchange has completely changed the way assets can be traded by combining traditional financial instruments with crypto tools. With the launch of the VulcanX blockchain, developers can leverage the 100,000 TPS Layer-1 blockchain to create new extensible products.
The viral Phoenix wallet application is a major example of the platform’s practical products. This custody solution allows users to hold over 120,000 trading instruments and securely hold their assets. These features are a major reason DTX Exchange has already been listed on CoinMarketCap, anticipating the upcoming listing.
DTX Exchange offers passive income through the Rebate program for investors looking for a long-term growth opportunity. Similar to the growth of XRP in the past, DTX Exchange is showing a well-structured suite of features that could turn it into a notable market leader, meaning this could be the best time to join.
So, keep this popular altcoin on your radar as it could be on the path to becoming a major player. Given the massive growth DTX Exchange has shown, it could be well on its way to repeat the success of other players in the past.
