Taurox Says Phase 2 Presale Reached 23.9% in a Day as XRP Activity Climbs but Price Stalls

Taurox Says Phase 2 Presale Reached 23.9% in a Day as XRP Activity Climbs but Price Stalls

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News Editor 01
2026-07-24 05:40:41
XRP Ledger wallet growth and higher Korean exchange volumes have not lifted XRP above $1.55, according to the source article. Taurox uses that contrast to market its TAUX presale, oracle setup, and staking profit-sharing model.

XRP Ledger has passed 7.7 million non-empty wallets for the first time, while active addresses rose to 46,767 this week, a five-week high. Over the same 24-hour period, XRP trading volume on South Korean exchanges Upbit and Bithumb increased 115% and 81%, temporarily making up 18% of total volume on those platforms. Even with those figures, XRP was still trading at $1.51 and had not cleared the $1.55 resistance level that the article says has rejected every attempt this month.

XRP adoption metrics improved while price stayed range-bound

The source frames the situation as a familiar crypto pattern: network growth without a matching move in price. It places wallet expansion, higher active addresses, and stronger Korean exchange turnover next to a flat XRP price. No broader market explanation is offered in the material. The contrast itself is the setup for the rest of the piece.

Taurox pitches TAUX as an active-yield protocol

Taurox presents itself as a decentralized hedge fund designed for capital seeking returns now rather than waiting for adoption metrics to convert into token appreciation. According to the article, AI agents will trade pooled capital across DEXs and CEXs once the presale ends and the pool goes live. Stakers are said to keep 80% of net profits. The protocol says it charges 5% only on gross gains, with no management fee. Of that fee, 30% is converted into TAUX and burned permanently, while the remaining 70% goes to the DAO treasury.

Oracle design centers on Chainlink with Pyth as fallback

Pricing safeguards are one of the main technical claims in the promotion. Taurox says it uses Chainlink as the primary oracle for aggregated USD pricing across supported assets. If that feed becomes stale or unavailable, Pyth Network acts as the fallback. The system also assigns asset-specific staleness thresholds, and execution is paused if data is older than the allowed limit. On top of the two oracle layers, the protocol says it runs time-weighted average price validation using on-chain liquidity as an extra check against manipulated or outdated prices.

Presale figures and token-sale ladder come from project marketing

The article says Phase 1 sold out in under 24 hours at $0.01 per token. Phase 2 is now priced at $0.012 and is 23.9% filled, with total funds raised at $314.7K. Taurox states that the presale spans 19 phases, moving from $0.01 to $0.07, and each phase closes permanently when its allocation is sold. The piece also includes modelled return figures, such as a $0.08 listing price implying about 6.67x, and says supply is capped at 2 billion tokens with no minting function. Those claims come from the project-backed article itself and are promotional statements rather than independently verified findings.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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