As Chainlink (LINK) Struggles, DTX and Filecoin Offer Unmatched DeFi Solutions | Coinspeaker

As Chainlink (LINK) Struggles, DTX and Filecoin Offer Unmatched DeFi Solutions

June 12th, 2024 at 5:25 am UTC · 4 mins read

As Chainlink (LINK) Struggles, DTX and Filecoin Offer Unmatched DeFi Solutions

/DTX Exchange/ – Chainlink’s (LINK) performance in the crypto market has been nothing to write about. Its price registered a significant drop from $18.7 to $16.33 within the first week of June, even as the market recovery indicates the imminent arrival of the next crypto bull run. While that is happening, DTX Exchange (DTX) is attracting buyers with its thriving public presale, while Filecoin (FIL) is preparing for a likely price surge. Explore Chainlink, DTX, and Filecoin.

Chainlink Prices Fall As Next Crypto Bull Run Starts

Chainlink’s price surged 45% from $13.13 to $19.16 in May, becoming the leading RWA-ready platform in the crypto market. On-chain analysis showed increasing RWA developer activity on Chainlink, making it the top platform for two consecutive months.

Despite its performance in May, LINK’s price fell 11.3% from $18.41 to $16.33 in the first week of June, when the market turned from bearish to bullish. The price drop was attributed to profit-taking after the impressive price rise.

However, Chainlink holders remain optimistic that the token will recover quickly and deliver more profits. With real-world asset tokenization looking to dominate the market this year, Chainlink is prepared to be among the best platforms. Moreover, LINK whale transactions show investor confidence in the token.

Despite the price drop, experts suggest a bullish market sentiment for LINK and expect a turnaround in its trajectory. While caution is advised when buying LINK, price predictions indicate Chainlink may reach $30 by the end of the year.

DTX Exchange Stuns DeFi Lovers With Hybrid Platform

For a long time now, the DeFi segment of the cryptocurrency market has not seen a unique crypto solution. However, that has changed with the launch of DTX, a DEX that enables on-chain trading of both traditional and digital assets.

Investors trading on the DTX Exchange platform have over 120,000 assets to buy, including bonds, CFDs, commodities, and cryptocurrencies. DTX brings traditional assets on-chain, enabling quick market analysis for data-driven investment decision-making. Furthermore, DTX offers bots for automated trading, ensuring it can attract diverse users despite their trading prowess.

Another DTX highlight feature that has pushed it to the top in the DeFi market is that it is on track to become a dominant RWA tokenization platform. With TradFi assets already on its platform, the jump to tokenization will be quick and flawless, as outlined in its whitepaper.

These unique features have made DTX Exchange a popular presale token, receiving rave reviews and massive investor interest and investment. Its private sale, which netted $2 million, showed that crypto investors were ready for a revolutionary DeFi platform. Now, its ongoing public presale offers significant profitability, and whale subscriptions are speeding it up, with Stage 1 already finished a month after launch.

Filecoin Riding On New Crypto Rally To Attract New Investors

As a new crypto bull run round starts, Filecoin displays impressive bullish tendencies. After a prolonged bearish consolidation, FIL seems ready to revive its profit-making ways. In the first week of June, Filecoin’s price soared from $5.70 to $6.72, resulting in a significant surge in demand, as shown by its rising traded volume figures.

While the bulls are yet to gain complete control of the market, investors are optimistic that Filecoin will continue reaching new heights. The introduction of a new public goods development team focused on ecosystem improvement may increase activity on the Filecoin network, increasing investor confidence and its price.

Technical analysis shows that market sentiment for FIL is bullish as buyers increase. Its RSI is at 55 and rising, indicating there is room for a continued price rise before holders start to cash in their profits. Filecoin price predictions foresee a rise to $10 by the end of the year.

Why Invest In DTX Exchange Public Presale?

Beyond its unique features, DTX offers the potential for a 500% net worth increase to its presale investors. Going by the rising investor demand as it enters Stage 2 of its public presale, we are confident crypto enthusiasts who buy DTX now will bank a healthy profit when it launches.

With the DTX token price valued at $0.04, it aims for a 200% rise when it reaches its estimated launch price of $0.12, making it the best cryptocurrency to buy today.

For more information please visit DTX Exchange presale, join the DTX community.

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