The XRP price has regained the critical $2.3 support level this week, sparking a new wave of optimism amidst a period of growing market uncertainty. Yet, a critical on-chain metric is indicating a substantial capitulation ahead for the altcoin’s price.
Despite all the challenges plaguing the cryptocurrency market as a whole, PDP—the native token of the new PayDax Protocol—is being touted by industry experts as a top investment opportunity for not only the remainder of the year, but also for the next decade.
XRP Price Volatility Looms
Market expert Steph Is Crypto, recently reported that with XRP’s latest correction toward $1.5,the short-term holder net unrealized profit and loss ratio (STH-NUPL) indicator has declined to -0.20, which usually signifies a period of capitulation, as investors liquidate their investments to mitigate losses.
As a result, Steph Is Crypto suggests that a potential increase in the XRP price may occur if long-term holders and institutional investors enter the market once again, thereby reducing selling pressure and introducing a new period of demand at lower prices.
Meanwhile, Over $1 million has been amassed during the initial round of the PayDax Protocol (PDP) token presale while PDP’s already live decentralized application (dApp) has attracted more than 10,000 investors from over 20 countries.
How PayDax Is Reshaping Financial Services In The Web3 Era
Traditional banks have controlled how money flows, causing unsolved barriers for everyday investors. On the other hand, PDP’s attractiveness lies in the way it solves these problems and the solutions it offers for those in the search of the next gem in the market.
The PayDax Protocol (PDP) is a fully decentralized peer-to-peer (P2P) financial system that provides banking and insurance services to all types of investors, not just retail, while also offering accessibility on previously exclusive for institutions market sectors.
The platform enables users to borrow dollar-pegged cryptocurrencies (also known as stablecoins) and real-world assets (RWAs), such as real estate, as collateral, rather than the centralized control present in traditional banking.
The PayDax Protocol’s High APY Options
The protocol’s solutions for investors include the eradication of the need to liquidate assets for immediate liquidity, while borrowers are able to choose from a variety of flexible loan-to-value ratios, such as 50%, 75%, 90%, or even 97%.
Participants in the protocol can also achieve high annual percentage yields (APYs) of up to 15.2% through PayDax’s lending mechanism, far surpassing the typical yield of under 1% provided by traditional banking.
Another advanced element of the PayDax Protocol (PDP) is the leveraged farming option, which enables users to increase their holdings by up to five times, as experienced users can earn rewards of up to 41.25% APY.
On-Chain Transactions Backed By Trusted Partners
On the back of continuous smart contract audits by Assure DeFi, and other custody partners like Jumio, Brinks, and Sotheby’s, all transactions on the PayDax ecosystem are visible and verifiable on-chain.
Additionally, PDP stakeholders are kept updated of the protocol’s progress toward its goal of a more inclusive financial system by offering frequent communications, podcasts, and AMAs hosted by the fully doxxed executive team that includes its CEO, CTO, and CMO.
Experts Forecast Lucrative Opportunities
Considering all these factors, experts forecast that those joining PDP’s presale today are poised for substantial gains as institutions are expected to be further involved in the protocol’s roadmap, with expected returns reaching up to 1,000% in the remainder of the year.
As each presale stage increases the token price, early adopters could save 20–30% compared to later entrants, with the next price point anticipated to be $0.17.
To seize this opportunity, new investors can also capitalize on the promo code “PD25BONUS,” offered by a limited amount of time to receive a 25% bonus on every PDP purchase.
Join the PayDax Protocol (PDP) presale Today.
Join Paydax Protocol (PDP) presale | Website | Whitepaper | X (Twitter)
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