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SUI, XRP, DTX: Three Cryptos Gearing up for a Massive Bull Run

Mary-Kate Olsen
Release: 2024-10-15 15:30:13
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The crypto market is known for its volatility, but for those who stay ahead of the curve, it's a goldmine of opportunities.

SUI, XRP, DTX: Three Cryptos Gearing up for a Massive Bull Run

The cryptocurrency market is known for its volatility, but for those who stay ahead of the curve, it's a goldmine of opportunities. Among the vast ocean of cryptocurrencies, some hidden gems are poised to deliver unprecedented gains, potentially multiplying investments by 10x or more.

In this article, we'll reveal three cryptos that are gearing up for a massive bull run: SUI, Ripple (XRP), and another top contender, DTX Exchange (DTX).

SUI rises in value: Here's why!

In the world of cryptocurrencies, SUI has been doing really well lately! It is currently ranked 17th in terms of market capitalization (which means the total value of all its circulating tokens), and while it’t not in the top 10 yet, SUI has shown impressive growth recently. Over the past month, its price has gone up by 124%! Let’s look at the reasons behind this.

One big reason for the rise in SUI’s price is the news that the stablecoin USDC (a type of cryptocurrency that doesn’t change in value much) will soon be available on the Sui Network. This announcement was made on September 17, and ever since, the price of SUI has been climbing steadily.

Why is this important? Well, USDC is the second largest stablecoin in the world and is widely used in digital transactions. The fact that USDC is coming to the Sui Network is exciting for investors, as they believe it will lead to more innovations and growth for SUI in the future.

Support from a big crypto exchange

Another reason SUI is gaining attention is because one of the biggest global cryptocurrency exchanges has decided to support it. This has made even more investors interested in buying and holding SUI tokens, further boosting its value.

The price of SUI is $2.25, which is a 0.79% increase from earlier. Looking at the price chart, things look good for SUI! The RSI (Relative Strength Index) is 59, indicating a solid buying trend. More people are buying SUI than selling it, which is a good sign for the token.

The MACD (Moving Average Convergence Divergence) indicator also shows positive movement. This is another reason SUI holders should be excited. It looks like the token is heading towards a bullish trend, which means the price could continue to rise.

Ripple’s CEO says SEC is going too far

Ripple (XRP) CEO, Brad Garlinghouse, is not happy with the U.S. Securities and Exchange Commission (SEC). He thinks the SEC is breaking the rules when it comes to Ripple’s cryptocurrency, XRP. A court decided that XRP is not a security (a type of financial product), but the SEC keeps treating it like one.

Recently, Bitnomial Exchange also filed a lawsuit against the SEC. Bitnomial thinks the SEC is trying to control Ripple (XRP) futures (a kind of trade) when only another group, the CFTC, should be in charge. Garlinghouse reacted to this on social media, saying that the SEC is acting like it’s above the law.

He said Ripple (XRP) is watching this case closely and may take action against the SEC to make sure the rules are followed.

DTX exchange is growing fast!

DTX Exchange (DTX) is becoming very popular in the cryptocurrency world. It has already raised over $4.7 million during its presale and is expected to reach $5 million by the end of this month.

DTX Exchange is making a special trading platform that combines the best parts of two types of exchanges: centralized (CEX) and decentralized (DEX). People can trade over 120,000 different things, like currencies, commodities, and cryptocurrencies, all without needing to sign up or share personal information (no KYC checks). This is important because it keeps users’ data safe from leaks, which gives DTX Exchange an advantage over other platforms.

The DTX token is at the center of this platform. If you own DTX tokens, you get special benefits, like voting rights to help make decisions, lower trading fees, and more. Right now, the DTX token is worth $0.08, which is 400% higher than its starting price.

The price will increase to $0.10 after the next phase of its presale. Experts believe the price could increase 20 times more after a major exchange lists the DTX token later this year.

The above is the detailed content of SUI, XRP, DTX: Three Cryptos Gearing up for a Massive Bull Run. For more information, please follow other related articles on the PHP Chinese website!

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