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Crypto prices have been struggling over the course of the past few days due to the meltdown of FTX, but there are some brand new projects that are hoping to capitalize on the volatile swings in the markets to gain traction moving forward.

Dash 2 Trade is a brand new crypto signals trading platform that is bringing a variety of important trading tools to the masses.

Positioning itself as the "Bloomberg terminal of ico calendar crypto", Dash 2 Trade has a free version for its platform, but those who want to access the fuller range of features on the site are required to pay a monthly subscription of 400 D2T and 1,000 D2T is required for the professional tier.

These prices earn crypto ought to be far more reasonable than the traditional Bloomberg terminal, which currently requires a subscription fee of $2,500 per month, or $30,000 per year.

Curate your earn crypto own trading strategies
Dash 2 Trade provides their users with the chance to create crypto their own trading strategies.

One can specify for a particular trade to be executed at particular times, once specific conditions have been met in the markets.

This means that a lot of the manual processes in the world of trading are removed, as the entire process is made far more efficient than it ever could have been before - traders can execute trades when circumstances change even when they are sleeping.

A brand new presales platform
Dash 2 Trade doesn"t just allow people to trade, they can also participate in new crypto fledgling projects at their fundraising stages.

Each presale is heavily vetted by the Dash 2 Trade team on a variety of different metrics, and users of the airdrop platform are given a range of detailed information about the projects that they are investing in.

Users will be able to gauge information about the team that are working on the project, the tokenomics and token distribution schedules, and the stage of the roadmap that the team has thus far completed.

Participate in the Dash 2 Trade crypto launchpad on their website
The Dash 2 Trade presale is currently now live on their website, with $5.8m having been raised in the last two weeks.

The price of the D2T token is gradually rising with each stage of the presale, and is currently being sold for just $0.05133, but this will rise to $0.0533 at the next stage of the presale.

 

In a statement posted on the official FTX Twitter account, the crypto firm announced that they had commenced voluntary Chapter 11 bankruptcy proceedings. The news comes despite efforts by founder Sam Bankman-Fried (SBF) to raise funding to plug the $9.4 billion hole left by fund mismanagement.

Sam Bankman-Fried’s cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy in the US and SBF now stepped down as CEO. He has been replaced by John J. Ray III but will stay on to assist an “orderly transition”.

Approximately 130 affiliated companies are also part of the voluntary proceedings, includin coin presale Alameda Research, the trading firm with close ties to FTX, which allegedly received billions of dollars of customer funds from FTX.

The new CEO, Ray, said

"The immediate relief of Chapter 11 is appropriate to provide the FTX Group the opportunity launchpad to assess its situation and develop a process to maximize recoveries for stakeholders,"

"The FTX Group has valuable assets that can only be effectively administered in an organized, joint process. I want to ensure every employee, customer, creditor, contract party, stockholder, investor, governmental authority and other stakeholder that we are going to conduct this effort with diligence, thoroughness and transparency," he added.

Notably, FTX US has been included in the proceedings, despite what outgoing CEO, Sam Bankman-Fried said only a few days ago on Twitter

More information will come out "over the coming days" and stakeholders "should understand that events have been fast-moving and the new team is engaged only recently," added Ray at the end of the announcement.

The crypto markets reacted instantly to the news, selling off in a similar fashion to when the news first broke of FTX"s fund mishandling earlier in the month.

Crypto Prices Crash Instantly Following The News
Unsurprisingly, crypto prices reacted negatively to the news. At the time of writing, BTC is down 2.5% within the past few minutes, ETH has shed 1.7% of its value at the same time, and the broader crypto markets are selling off as well. A bounce was witnessed shortly after, but it is difficult to say whether the rally can keep its momentum.

It remains to be seen just how many other firms have been impacted by the collapse, but given the size of FTX"s operation, it"s safe to assume the damage will be substantial. Sequoia Capital, for example, has already marked its $250 million investment to $0.

Crypto Presales A Better token presale Alternative Right Now?
It will likely take some time for the full impact of the FTX contagion to come to light. That"s why some investors have begun looking at crypto presales as a way of making a quicker profit.

Dash 2 Trade (D2T)
Dash 2 Trade (D2T) is an crypto staking Ethereum-based trading intelligence platform that offers traders of all experience levels real-time trading signals. The intuitive dashboard offers professional analytics and social trading data so users can make more informed trading decisions.

Its sale has already raised nearly $ 6 million, with 1 D2T costing just 0.0513 USDT. This price will rise, however, to 0.0533 USDT in the next stage of the sale.

Notably, Dash 2 Trade has also confirmed D2T"s first exchange listing with LBANK Exchange.

Combined with its strong fundamentals, the future of the project looks bright.

 

The XRP price has risen by 8% in the presale past day, with its current level of $0.394470 representing a 20% jump since it fell to around $0.33 in the wake of the FTX insolvency crisis. XRP is one of the best-performing major coins in the last 24 hours, although the outcome of the SEC vs. LBRY case casts doubt on Ripple"s ability to come to a positive conclusion in its own case.

Regardless, the unfolding FTX drama could ultimately pull down XRP"s price yet again in the next few days or weeks, assuming that the imperiled exchange fails to secure fresh funding or some kind of rescue acquisition. At the same time, a win for the SEC in its case against Ripple would send XRP much lower.

XRP Price Prediction as Price Rallies 20% From token presale Recent Crash – Is The Selling Over?
XRP"s chart shows that it remains on a downswing. Its relative strength index (purple) appears to have stalled on its way back up to 40, signaling that there isn"t enough momentum in the market to help it recover fully from recent losses.

On top of this, XRP"s 30-day moving average (red) is sliding downwards and will likely form a "death cross" with its 200-day average (blue) in the coming days. This could indicate further losses as part of a plunge towards a lower medium- or long-term level.

Such fears are reinforced by recent goings-on in the cryptocurrency market and industry. Most notably, FTX remains on the brink of collapse, with Binance withdrawing from a proposed acquisition yesterday that could have helped the exchange.

Now, CEO Sam Bankman-Fried appears to be scrambling to raise around $9.4 billion from investors and other trading platforms. However, existing investor Sequoia Capital wrote off its investment in the exchange yesterday, seriously undermining hopes that other investors will pony up more cash.

This all suggests that there"s a very real chance FTX completely collapses. If it does, there"s little doubt that XRP (and most other major coins) will fall further.

If there weren"t already bad enough, XRP"s situation could be worsened by coin airdrop Ripple"s case with the SEC.

While previous months had brought positive developments for Ripple, the outcome of the SEC"s case against LBRY this past week has unnerved investors. That is, the presiding court has upheld that LBRY was selling unregistered securities, a judgment that could have implications for Ripple"s legal battle with the US regulator.

While the details of each case are a little different, LBRY"s loss nonetheless has made XRP fans a little less optimistic about Ripple"s chances. And if it does lose, there"s potentially no telling how far XRP could fall.

Of course, it"s worth putting this in some perspective. Up until the end of the LBRY-SEC case, most observers were confident in Ripple"s chances, with the company welcoming a variety of positive rulings over the past few months.

For instance, last month brought the ruling that it could present several amicus briefs (i.e. evidence and testimonies from third parties), something which was granted against the SEC"s own motions. This was followed up by major exchange Coinbase applying to file such a brief in support of Ripple, a move which would indicate that the platform would resist XRP in the event of a favorable outcome.

Going a little further back, March brought news that the court had upheld Ripple"s right to use a fair notice defense, in which it would argue that the SEC failed to give it sufficient warning that XRP could be deemed a security. And in January, the court ruled that Ripple could have access to documents and emails related to a speech given in 2018 by then-SEC Chairman William Hinman, with such docs potentially containing key evidence on how the regulator really viewed XRP.

In light of all these mini-victories, it"s easy to understand why XRP fans had been hopeful that Ripple would secure a positive summary judgment or settlement. And while LBRY"s loss does cast all of the above in a new light, it would be rash to jump to negative conclusions.

Three New Altcoins
Even if Ripple is on track to win its case, a conclusion is still many months away. As such, investors looking for more immediate gains may look elsewhere, with presale coins, in particular, enjoying a profitable 2022.

The three new altcoins below are currently holding their respective token sales. More importantly, each of these coins boast promising fundamentals, implying that they could do well once they list on exchanges for the first time, and beyond.

Dash 2 Trade (D2T)
Based on the Ethereum blockchain, Dash 2 Trade is a trading intelligence platform that provides investors with real-time market data and social indicators in order to help them make more informed decisions. It kicked off its token sale just over three weeks ago and has now raised $5.9 million, while it has also announced its first CEX listing on LBank Exchange.

Visit Dash 2 Trade Now

RobotEra (TARO)
Beginning its presale only a couple of days ago, RobotEra (TARO) is an Ethereum-based Metaverse platform in which gamers can play as robots and participate in the creation of its Sandbox-style virtual world. What this means is that they can create land, buildings, and other in-game items, all of which are represented and owned as NFTs. Interested investors can participate in its token sale by heading over to its website and buying with either USDT or ETH, with 1 TARO currently going for 0.020 USDT.

The price will increase to $0.025 in the second stage of its presale.

Visit RobotEra Now

Calvaria (RIA)
Calvaria (RIA) is a play-to-earn game in which players can collect and battle with NFT-based cards, which can also be traded. One of its standout features is that users can play it without requiring them to hold any cryptocurrency (although RIA is also usable for purchasing in-game items and for staking). This potentially makes it more accessible than other similar blockchain-based games, implying earn crypto that the title could be a gateway into crypto for many gamers.

As the platform increases in popularity, this should reflect positively on the price of the RIA token.

Its presale has raised just over $1.6 million and has just entered its fourth stage, during which 40 RIA can be had for 1 USDT.