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"Ripple Whales Bet Big on SUI and DTX Exchange Amidst Price Surge Predictions"

Coin WorldSaturday, Feb 1, 2025 9:35 am ET

1min read

Ripple (XRP) whales have been making significant moves in the crypto market, showing heavy interest in SUI and DTX Exchange. VanEck, a prominent asset management firm, has predicted a 326% surge in SUI's price, while Ripple's global partnerships continue to expand, drawing investors' attention to these assets for potential massive gains.

SUI, a decentralized exchange (DEX) token, has been performing well in recent trading volumes, ranking fourth behind well-known competitors such as Solana, Ethereum, and Arbitrum. The SUI blockchain network has also seen a significant increase in market interest, with SUI becoming the third most searched network on the internet, according to Google Trends data.

SUI's technical abilities, including features like Local Fee Markets, Pilot Fish, and Fast Path, have contributed to its market position. VanEck analysts believe these features provide benefits over competitors in the industry. Currently, SUI is trading at $4.23, up 1.2% from recent lows, and has demonstrated strength by keeping support above the critical demand zone of $3.5.

Ripple (XRP) has been one of the best-performing currencies recently, with some of its largest gains in years. The growth in Central Bank Digital Currencies (CBDCs) partnerships, including over ten global institutions, is expected to send Ripple (XRP) substantially higher. Ripple Labs' expansion into Japan, with over 80% of institutions expected to embrace Ripple (XRP) this year, further supports this growth.

DTX Exchange, a soon-to-be-released platform, has also been under the spotlight. Ripple (XRP) whales have been paying special attention to this project due to its revolutionary approach and massive returns. DTX Exchange aims to address common issues faced by traders, such as excessive fees, lack of asset diversity, centralization, counterparty risk, and restricted access, by bridging the gap between centralized and decentralized finance.

DTX Exchange combines the best of CEX and DEX on a single platform, offering a wide range of assets, including stocks, ETFs, FX, bonds, forex, cryptocurrencies, and more, with the ability to leverage up to 1000x. The platform's presale phase has generated significant attention, raising $13.

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