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Trump Announcements Nukes Altcoins; XRP and ADA Down 20% But This ERC-20 Altcoin is Still Pumping

by Jack
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The most recent cryptocurrency statements by President Trump caused the XRP price, together with Cardano (ADA), to spike by more than 20%, only to drop by more than 20% after. Bringing shockwaves for investors. Nevertheless, the ERC-20 token operated by DTX Exchange has demonstrated both market resistance and constructive upward movement while its market competition continued facing difficulties. With the hot presale that it has, it has raised $15.5M so far, and early backers are looking forward to 2x their investments when the token goes live with a price of $0.36.

Assessing the Impact of Trump’s Announcements on Altcoin Sentiment

Crypto enthusiasts became excited when Trump announced plans for creating a US-based crypto reserve containing Bitcoin together with Ethereum, Solana, XRP, and ADA. The announcement from President Trump caused Bitcoin and Ethereum prices to rise significantly by 11% and 13% respectively, because investors found the news hopeful.
Source: XRP Price, Monthly Chart, CoinMarketCapThe implementation of tariffs by Trump immediately transformed positive sentiments to anxious states among investors. The XRP price decreased by 17% alongside Cardano (ADA), which fell by 25%. The immediate shift from crypto trader optimism to pessimism surprised many investors because political news created strong price fluctuations in digital assets.Source: Cardano Price, Monthly Chart, CoinMarketCapThis event caused strong disarray in investor sentiment, which the Fear & Greed Index demonstrated. The market stretched its value to 72 points out of 100 following Trump’s initial announcement. The return of anxiety in reality led to an abrupt market rating decrease that restored market uncertainty.

Spotlight on DTX Exchange’s ERC-20 Altcoin That Continues to Pump

Despite the XRP price and Cardano experiencing major drops, the DTX Exchange ERC-20 altcoin has demonstrated opposite market performance with positive outcome. The public presale phase of the project has attracted significant investor demand, causing the project developers to create an additional bonus opportunity for investors. The current token value stands at $0.18, while their exchange price will reach $0.36, which guarantees 2x returns for investors participating in the early stage. If the “LIST2X” code is used, participants in the presale can enjoy a 4x ROI. Source: Cardano Vs. XRP Price Comparison, CoinMarketCapInvestors show enthusiasm because the hybrid-operating foundation of DTX Exchange benefits from creative elements and strong structural principles. Clients from all levels of experience can trust the Level-1 blockchain transparency while DTX Exchange welcomes both retail and institutional traders to its platform. The exclusive analytical toolset combined with fractional multi-asset trading capabilities and copy trading technology strongly attracts numerous investors to DTX Exchange. The Phoenix Wallet is positioned as the main reason why investors maintain a strong interest in DTX Exchange. Through its system, traders can easily execute transactions that include various assets such as crypto, stocks, and forex, out of a single location. The strong investor support of more than 720,000 users along with $15.5 million generated funds indicates DTX Exchange will continue to expand and build its position in the market.

What Led the XRP Price and ADA to a 20% Decline?

The steep downfall of the XRP price alongside Cardano (ADA) occurred because of multiple essential factors. When President Trump announced tariffs it triggered panic sales in the crypto market that negatively affected prices across all cryptocurrencies. The decline in XRP value can be explained through two components -headline-triggered anxiety and technical signals.The XRP price saw severe drops when the market tested the $2 support zone. XRP experiences decreased investor positivity because of its unresolved legal issues with the U.S. Securities and Exchange Commission (SEC) combined with technical market challenges. The unsettled regulatory matters surrounding this cross-border payments token scare investors because they fear legal troubles could slow down its adoption rate.The ADA price charts had previously signaled weakness before Trump revealed his decision. The technical situation for Cardano shows negative trends because it dropped out of its descending parallel channel while its Relative Strength Index (RSI) struggles beneath essential resistance. The resistance level continues to confine ADA thus enabling downward pressure on its price which amplifies the risk of price declines towards $0.55. Multiple vulnerabilities simultaneously threaten the digital assets XRP and Cardano due to their exposed nature.

Conclusion

The cryptocurrency statements from Trump created chaos among investors while numerous altcoins suffered price declines but DTX Exchange’s ERC-20 token proved to be resilient. DTX Exchange presents an interesting opportunity to consider despite its potential because of its attractive features and robust investor network as well as the advantageous future outlook.Get involved:Visit the DTX websiteBuy presaleJoin the Telegram community
Jack
Jack Smith is a well-known author in the world of cryptocurrency. He has been writing about the crypto industry for several years, covering a wide range of topics from blockchain technology and cryptocurrency investments to the potential impact of decentralized finance.

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