Moments of anticipation and excitement often represent the potential for groundbreaking shifts in the crypto market. Currently, all eyes are on DTX Exchange (DTX) as investors swarm in instead of two powerhouse tokens: Chainlink (LINK) and Avalanche (AVAX).
Could this cryptocurrency ICO be the next major crypto surge? We discover below.
TLDR
- Origin Protocol’s Chainlink Integration sends LINK plummeting 26.43% in a month.
- AVAX witnesses minor 0.37% dip post Emin Gün Sirer’s clarity on Avalanche’s role.
- DTX token soars 275% as First Round presale stage nears completion.
Chainlink Witnesses 26.43% Bearish Turn: Will LINK Holders Weather the Storm?
According to the latest Chainlink news on March 29, 2024, Origin Protocol integrated the Chainlink cross-chain interoperability protocol CCIP onto the Ethereum and Arbitrum mainnets. The announcement further reported that Origin Protocol would further explore the capabilities of Chainlink CCIP by enabling users to stake from layer 2 networks, beginning with Arbitrum.
Reacting to the news, LINK moved from $18.99 to $13.97 by April 19, indicating a 26.43% downturn within a month. Is this bearish sentiment going to prevail? Analysts say Chainlink (LINK) will trade at $17.23 by the end of Q2 2024, marking a 23.34% rise from $13.97.
With Chainlink (LINK) fluctuating, it is no surprise that its holders would shift focus to more stable options like DTX.
Avalanche (AVAX) Investors Unfazed by Sirer’s Statement: Is Stability on the Horizon?
At the Token2049 conference on April 18, 2024, Emin Gün Sirer, the head of Ava Labs, offered clarity on Avalanche’s role in the blockchain ecosystem. Contrary to misconceptions perpetuated by marketing narratives, Sirer emphasized that Avalanche was never intended as an “Ethereum killer.” He attributed the misnomer to marketing strategies devised by Consensys, a blockchain technology firm associated with Ethereum’s co-founder, Joseph Lubin.
How did AVAX price respond to the news? Within a week, Avalanche (AVAX) had moved from $34.85 to $34.72, displaying a 0.37% decline. However, experts anticipate AVAX’s price will rise to $52.31 by the end of April, signifying a 50.66% upturn from $34.72.
Both LINK and AVAX are volatile, which may push investors to better-performing alternatives like DTX.
DTX Token Presale Success: Over 70% Sold at $0.02
DTX Exchange (DTX) emerges as a dynamic trading platform, empowering users to engage in cryptocurrency, forex, equities, and contract-for-differences (CFDs) trading. With its trailblazing infrastructure and state-of-the-art features, DTX presents an unparalleled trading environment. A standout feature is DTX’s pioneering move to offering users 1000X leverage, a first in the industry, all while bypassing traditional KYC (Know Your Customer) requirements.
By keeping trading costs minimal, DTX Exchange (DTX) enables traders to amplify their investments, aligning with its community-centric approach. Moreover, community members enjoy exclusive access to potential airdrops and active participation in governance and voting processes. The platform’s diverse product offerings, including the DTX wallet and multitier accounts, cater to a spectrum of user needs, making it the ideal cryptocurrency for beginners.
Now in the first stage of its presale referred to as the ‘First Round,’ DTX has sold over 70% of its tokens at $0.02 each. DTX tokens will sell at $0.075 in the subsequent stage, showcasing a 275% jump from Stage 1. All this makes, DTX Exchange the best cryptocurrency to add to any investment portfolio.
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