DTX Exchange Raises $15.1M, Aims to Bridge Crypto and Traditional Markets

Generated by AI AgentCoin World
Thursday, Feb 27, 2025 3:12 pm ET1min read
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A cryptocurrency project, DTX Exchange, has gained significant traction in the market, with a presale that has raised $15.1 million. The project aims to bridge the gapGAP-- between traditional and crypto markets by offering a hybrid trading model, similar to Ripple's 2018 infrastructure play. This has sparked optimism among investors, who believe that DTX could mirror the historic 6,700% XRP price ascent during its upcoming exchange debut.

DTX Exchange is built on the VulcanX blockchain infrastructure, which supports the processing of 200,000 transactions per second. This high-speed processing capability, paired with access to over 120,000 assets, positions DTX as a potential leader in decentralized finance (DeFi) and a bridge between traditional and crypto markets. The ongoing public presale has already raised $15.1 million, reflecting strong demand for its democratized token model.

Early adopters of DTX tokens, which are currently trading at $0.18 in the bonus round, could gain exposure to fractional trading, 1000x leverage, and copy-trading features. The PhoenixPEV-- Wallet's non-custodial design is also seen as a potential game-changer, combining self-custody security with multi-asset management. With over 700,000 token holders, the platform's community-driven growth aligns with its vision for inclusive financial access.

Meanwhile, the XRP price has been facing challenges in holding the $2.30 mark due to ongoing regulatory uncertainties. The token has dropped 12% in the last week to $2.28, and over 300 million XRP tokens worth about $700 million will be released this month, which could lead to increased selling pressure. While some specialists project a rebound between $2.80 and $3.00 by month's end, others caution that Ripple's legal battles with the SEC could delay recovery.

Despite the short-term uncertainties surrounding XRP, DTX's presale success and technological edge could position it as the best altcoin buy for long-term growth. Its 200,000 TPS speed could outperform rivals like Solana, addressing a critical pain point for high-frequency traders. Early participants could also benefit from a 100% deposit bonus using the code "

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