The richest man in the world, Elon Musk, has commented for the first time on Ripple (XRP); Musk has been seen commenting on Dogecoin and Bitcoin regularly, but this is the first time he has talked about Ripple (XRP).
XRP is already going through legal challenges affecting its price in bearish mode for a long time.
Meanwhile, Cosmos (ATOM) has again garnered attention with a 15% increase in the last two days. ATOM has been trading in lower low and lower high formations for more than 6 months and can form a reversal pattern from here.
While top coins face challenges, DTX Exchange (DTX) is crossing milestones one by one. With a first-mover advantage in the hybrid exchange space, DTX aims to change the exchange industry once and for all. Analysts have predicted 40-50X gains for DTX in 2025.
What Did Musk Say About Ripple (XRP)?
Tesla and SpaceX CEO Elon Musk has recently evaluated Ripple (XRP) and cryptocurrency in a town hall in Pittsburgh. Musk lauded how cryptocurrencies could be a key factor in directing people toward their self-determination by causing regulatory hurdles. Musk observed that crypto is a tool for the people’s profit when it fights against centralized control which resonated with Ripple (XRP) supporters. Nevertheless, he said his remarks were not meant to approve or disapprove Ripple (XRP).
The news went viral in the Ripple (XRP) community, which led to a statement from Ripple CEO Brad Garlinghouse. Garlinghouse pointed out that the U.S. citizens give the utmost attention to the crypto, especially Ripple (XRP), and they are interested in the policies that drive innovation and jobs in their country.
Cosmos (ATOM) Breaks out Of The Descending Trendline Pattern In Lower Timeframe
Cosmos (ATOM) has broken out of a descending trendline or double bottom pattern in a 4-hour time frame. However, the move saw rejection from the $5 psychological level before moving higher. Currently, Cosmos (ATOM) is trading at $4.72, showing a slight gain in the last 24 hours. The notable point in the recent move was the surge in volume. The volume in Cosmos (ATOM) surged to a two-month high of $266.32 million during this period.
ATOM is the native cryptocurrency of the Cosmos network, created to connect different blockchains. It is mostly used in securing the network, as it is done through staking where holders lock up their tokens to help run the network and earn rewards. Cosmos (ATOM) also plays a role in governance; holders, through this, are given the power to vote on essential decisions that affect the eight of the Diaspora of Cosmos.
Traders Claim DTX Platform Best For Trading
Traders have faced several problems with traditional exchange platforms, such as slow order execution, high slippage, and low security. The DTX platform, with its 0.4ms speed and high efficiency with AI order execution, is solving these problems. DTX Exchange provides low fees for trading with VulcanX upgrades and features of both CEX and DEX. Now, traders don’t need different accounts for different assets because DTX provides all the major assets on one platform.
Furthermore, some high-net-worth traders have cited DTX as the best trading and investing platform because of its easy interface and advanced tools. Traders also believe in the platform, as 174,000 traders have already joined it.
With a great tailwind in the exchange space, DTX is one of the best opportunities available in the crypto space. It has already given 300% ROI for its early investors, but experts have analyzed that it’s just the start. The current price of $0.08 is evaluated as undervalued compared to the exchange’s fast-paced growth.
DTX Exchange (DTX) has garnered the attention of investors from different communities, including Ripple (XRP) and Cosmos (ATOM), as the presale has crossed the $5 million mark in record time. Previous holders of DTX token have increased their position as it will be transitioning to fifth phase with token priced at $0.10
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
