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Chainlink and ethereum whales are considering a new pre-sale of DeFi coins, attracted by their strong growth potential in this bull cycle.
As the cryptocurrency market evolves, advanced platforms and assets attract investors. These include Chainlink (LINK), ethereum (eth), and a DeFi coin that has proven to be a good cryptocurrency to buy due to its huge growth potential.
Previously, investors had been cautious when investing in new cryptocurrencies. But this time, they are aggressively buying the pre-sale of the new DeFi coin due to its huge profit prospects despite being in its pre-sale stage.
Here's why the new crypto is attracting eth and LINK whales in this bull cycle!
<h2 class="wp-block-heading" id="dtx-exchange-a-new-crypto-platform-offering-120-k-assets-and-a-profitable-de-fi-coin”>DTX Exchange – A New crypto Platform Offering 120,000 Assets and a Profitable DeFi Coin
DTX Exchange (DTX) is a new crypto trading platform that has introduced a unique trading strategy to the market.
It differs from most exchanges that only support specific asset classes such as commodities, indices, bonds and stocks. In that context, the DTX Exchange platform offers 120,000 asset options for traders to invest in, including cryptocurrencies.
With this massive offering, DTX Exchange is tied to the $714.7 trillion OTC derivatives market, giving its DeFi coin huge growth potential. Therefore, investors manage multiple assets without switching between platforms or accounts.
For those who love privacy, DTX Exchange is a great option. Its no-KYC policy means that users can make transactions without revealing their identity. This investment method helps traders meet their needs and is perfect for users looking for a quick and easy registration process.
DTX Exchange is a dominant player in the cryptocurrency sector and offers advanced investment concepts. Its DeFi token has achieved notable market performance despite being in its pre-sale phase. In that context, DTX pre-sales have raised more than $9.4 million so far, and analysts say the figure will exceed $10 million this month.
With all its features, DTX Exchange enhances the trading experience of users and offers attractive incentives to holders. The crypto trading platform could become the next big thing in this bull market due to its increased privacy, innovative features, and access to many assets.
Chainlink Whale Activity Soars 1,219%, Driving LINK Price Growth
Chainlink recorded a 1,219% increase in whale activity on December 2, 2024, with these transactions reaching $858.08 million. This coincided with a 31% price growth, leading LINK to trade above $24. Interestingly, the token has gained over 35%, highlighting the strong market momentum.
Whale activity indicates considerable buying and selling, which affects the price of the token. Data from IntoTheBlock suggests that whales are accumulating LINK and capitalizing on the price rally. The massive activity highlights investor confidence in the growing Chainlink ecosystem.
Chainlink has continued to grow through high-profile collaborations with reputable entities such as Swift, Euroclear, and the central bank of Brazil, who are leveraging Chainlink for their CBDC project. These advancements showcase Chainlink's integral role in combining artificial intelligence, oracles, and blockchain technology in financial markets.
LINK was valued at $24.11 on December 6, up 36.29% from last week. Analysts say LINK will rise to $29 this month as more whales accumulate the token. As LINK shows huge growth potential, investors are turning to a new $0.12 DeFi coin that could generate its annual income within a month.
<h2 class="wp-block-heading" id="ethereum-eyes-4-000-with-growing-whale-activity-and-bullish-sentiment”>ethereum Targets $4,000 with Increasing Whale Activity and Bullish Sentiment
ethereum's eth is around 18% below its all-time high, registering the potential to surpass $4,000 for the first time in nine months. Key drivers include a rising 7-day market to realized value (MVRV) ratio and growing whale accumulation.
The 7-day MVRV, now at 6.1%, highlights rising unrealized gains and increased optimism among short-term holders. Historically, levels around 7% or higher lead to corrections, but the rally may extend further if sentiment remains bullish.
Whale accumulation is also growing, with wallets holding more than 1,000 eth, reaching 5,599, a high since October 6, 2024. This growing interest from whales highlights confidence in eth's price trajectory. If eth breaks above $4,000, it could reach its all-time high of $4,867. However, if the momentum fades, eth may retest the support at $3,688, $3,500, or $3,255.
eth was trading at $3,904 on December 6, up 9.16% over the past week. Analysts say eth will rise to $4,205.16 this month as more investors buy the altcoin. Investors are turning to a new DeFi coin that has huge growth potential. Therefore, it is a good cryptocurrency to buy.
<h2 class="wp-block-heading" id="dtx-is-considered-a-good-crypto-to-buy-over-link-and-eth-in-this-bull-market”>DTX is considered a good cryptocurrency to buy over LINK and eth in this bull market
The dynamic cryptocurrency market continues to attract investors with innovative projects like DTX Exchange, which is greatly impacting cryptocurrency trading. With growing interest from Chainlink and ethereum whales, the DeFi coin has huge profit potential that has made it a good cryptocurrency to buy in this bull cycle.
DTX Exchange's unique features position it perfectly to outperform established investments as more investors rush to purchase the token.
DTX is selling quickly in Stage 6 of its public pre-sale, valued at $0.12, which also means a 500% profit for early buyers who purchased it at $0.02. Additionally, new investors will receive a 67% profit once the DeFi coin completes the pre-sale phase and launches on major markets at $0.20.
For more information, visit the DTX Exchange Pre-Sale Website and join the online community.
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