It’s hard to predict if Ripple’s price will reach $1, especially with its current issues with the SEC. However, other cryptocurrencies like FTM and DTX are gaining attention and might be excellent choices for those looking at alternatives to XRP.
These options are gaining popularity as investors explore alternatives in the crypto world. In this article, we will discuss Ripple’s situation, the SEC case, and why FTM and DTX are worth considering.
Fantom: Fast, affordable, and Secure blockchain for digital apps
Fantom is a special kind of blockchain platform, like a digital network, that helps developers create apps and services, especially for managing digital money. It’s similar to other popular platforms, like Ethereum, but Fantom is designed to be much faster and cheaper.
At its heart, Fantom uses a unique technology called Lachesis, which helps it process thousands of transactions (like digital actions or transfers) each second, ensuring they’re done in about 1–2 seconds. This keeps costs low, just a tiny fraction of a cent per transaction! The Lachesis system is secure and allows anyone to join and leave the network freely, helping keep it safe without anyone being “in charge.”
Fantom has another part called Opera. This is where developers build apps on Fantom. Opera is designed to work with Ethereum, making it easier for apps on Ethereum to work on Fantom. It is open to everyone, so any developer can create apps on it.
Trump’s election win sparks hope for Ripple and XRP’s future
On Wednesday, November 6, Donald Trump won the US presidential election, making a big political comeback! This win also helped the Republicans take control of the US Senate, though it’s still unclear who will control the House of Representatives. Trump’s victory boosted the digital money market, especially for XRP, a popular cryptocurrency.
Brad Garlinghouse, the CEO of Ripple (the company behind XRP), congratulated Trump and shared some advice for his first 100 days as president. Garlinghouse suggested that Trump should:
Fire Gary Gensler – the head of the SEC, an organization that controls certain parts of the financial world. Choose a New SEC Leader, someone like Giancarlo, Brooks, or Gallagher, who he believes would be better for digital money rules.
Work with Congress to get both parties (Republicans and Democrats) to support bills that help the digital money world grow. Clarify Rules for Digital Money Give clear rules about digital money like XRP, Bitcoin, and Ethereum.
Stuart Alderoty, Ripple’s top lawyer, also congratulated Trump and thanked him for caring about Ripple’s goals for digital money.
Why does all this matter for Ripple and XRP? The SEC, led by Gensler, has been in a legal battle with Ripple over XRP. Recently, the SEC challenged a court ruling about XRP, but if Trump replaces Gensler, the SEC might stop its challenge. If that happens, XRP could become more valuable and reach $1.00!
DTX Exchange: Fast, automated trading with big growth potential
The DTX Exchange (DTX) platform offers many tools to help traders make big profits. It lets people trade over 120,000 different things, such as gold, cryptocurrencies, and other valuable items.
One unique thing about DTX is that it’s connected to a huge financial market worth $714.7 trillion. This connection could make the DTX coin’s price go up even more! The platform also has options for “algorithm” trading, which means traders can set rules for how they want to trade, and then the system will make trades automatically. This is helpful for fast-changing markets like forex and crypto, where prices go up and down quickly.
Another cool feature of DTX is its speed. The platform can handle 10,000 transactions per second, which means people can buy or sell things quickly. This is a big advantage for risky trades where timing is crucial.
Right now, DTX is in its fourth phase of presale and costs $0.08 per coin. Experts think the price could go up by 150% this November. DTX has already raised over $6.8 million; if it keeps growing, it might reach $8m soon!