Trump's tariff deal with China has lit a fire under the crypto market. Ripple surged above $2.3 amid ecosystem turmoil. While analysts panic that the boost may be short-lived, a new altcoin, Mantix, is stealing the spotlight with its DeFi innovation and powerful presale momentum.
Within days of launch, Mantix presale took over headlines as analysts speculated it could rival the growth of Hyperliquid. This article will examine how Mantix Exchange and its potential to disrupt asset trading with AI and blockchain technology. Let's get to it.
Trump's truce with China on tariffs has ignited bullish sentiment in the crypto market. Ripple also got a boost and surged 68% to a 60-day high above $2.7. But while XRP investors were celebrating the gains, the token stumbled 4% this week amid geopolitical setbacks and institutional headwinds.
This came after US President Donald Trump reignited his trade war rhetoric and threatened to slap the EU with a 50% tariff on imports. The market's reaction was immediate, and XRP dropped to $2.3. But the shock didn't end there. The XRP derivatives market has gone into a tailspin. Long liquidations reached $3.24M in 24 hours, and Futures Open Interest has dipped by 4.18%.
This, in addition to Ripple's ongoing legal tussle with the US SEC, has dampened investors' confidence. Although the SEC dropped all charges against the payment giant, a U.S. judge has denied the motion to reduce Ripple's penalty. While regulatory uncertainty hangs over XRP like a thunderhead, analysts think XRP can recover. However, if the Trump-EU tariff war goes on, XRP could slide further.
While XRP faces a potential decline, investors are diversifying with the new Mantix presale. The new project has been garnering attention with its game-changing approach to digital asset trading. This cutting-edge, hybrid decentralized DEX offers the much-needed solution to the shortfalls that plagued TradFi. It offers the most seamless, secure, fastest and slippage-free trading experience at zero fees.
Mantix's cross-chain architecture opens access to multiple chains, offering traders the deepest liquidity and unparalleled trading opportunities. Its smart contracts verify transactions in real-time, ensuring users' funds stay safe, even when dealing with high-risk liquidity sources.
This is in addition to the AI trading strategies the protocol offers. This means traders get a powerful trading engine that points them in the right direction when trading. On top of this, traders can stake, earn from revenue generated and take part in crucial decision-making activities. Its tiered VIP structure even offers more exciting perks and opportunities.
Mantix Exchange's presale has continued to blaze a trail. The numbers are impressive. Within days, the presale secured $600k in funding, which is proof of its growing appeal among investors. Experts speculate that the MTX token could grow 100x if the demand and momentum continue.
Thousands of investors are flocking to the presale and the price is still at just $0.02.
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Website: https://mantix.exchange
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