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Whales Chainlink and Ethereum are considering a new pre-sale of DeFi coins, attracted by its strong growth potential in this bull cycle.
As the cryptocurrency market evolves, advanced platforms and assets are attracting investors. Among them are Chainlink (LINK), Ethereum (ETH), and a DeFi coin that has proven to be a good crypto to buy due to its huge growth potential.
Previously, investors were cautious when investing in new cryptocurrencies. But this time, they are aggressively buying the new DeFi coin presale due to its huge profit prospects although it is in the presale stage.
Here’s why the new crypto is attracting ETH and LINK whales in this bull cycle!
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 is different from most exchanges which only support specific asset classes such as commodities, indices, bonds and stocks. In this context, the DTX Exchange platform offers 120,000 asset options to traders, including cryptos.
With this massive offering, DTX Exchange is tied to the $714.7 trillion OTC derivatives market, giving its DeFi coin huge growth potential. This allows investors to manage multiple assets without switching between platforms or accounts.
For those who like privacy, DTX Exchange is a great option. Its no-KYC policy means users can transact 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 crypto industry, offering advanced investment concepts. Its DeFi token has achieved remarkable market performance despite being in the pre-sale stage. In this context, the DTX presale has raised more than $9.4 million so far, and analysts estimate that this figure will exceed $10 million this month.
With all its features, DTX Exchange enhances users’ trading experience 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 numerous assets.
Chainlink Whale Activity Soars 1,219%, Driving LINK Price Growth
Chainlink saw 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, taking LINK above $24. Interestingly, the token 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 profiting from rising prices. This 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, which leverage Chainlink for its CBDC project. These advancements demonstrate Chainlink’s critical role in combining AI, oracles, and blockchain technology in financial markets.
LINK was valued at $24.11 on December 6, up 36.29% over the past week. Analysts say LINK will hit $29 this month as more whales accumulate the token. While LINK shows huge growth potential, investors are turning their attention to a new $0.12 DeFi coin that could generate your annual income in a month.
Ethereum eyes $4,000 with increasing whale activity and bullish sentiment
Ethereum ETH is about 18% below its all-time high, seeing the potential to surpass $4,000 for the first time in nine months. The main factors include an increasing 7-day market value to realized value ratio (MVRV) and increasing whale accumulation.
The 7-day MVRV, now at 6.1%, highlights growing unrealized profits 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 increasing, 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 the price trajectory of the ETH. If ETH rises above $4,000, it could reach its all-time high of $4,867. However, if momentum fades, ETH could retest 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 hit $4,205.16 this month as more investors buy the altcoin. Investors are turning their attention to a new DeFi coin that has huge growth potential. So it’s a good crypto to buy.
DTX is considered a good crypto to buy over LINK and ETH in this bull market
The dynamic crypto market continues to attract investors with innovative projects like DTX Exchange, which are having a massive impact on crypto trading. With growing interest from Chainlink and Ethereum whales, the DeFi coin has huge profit potential which has made it a good crypto to buy in this bull cycle.
DTX Exchange’s unique features position it perfectly to overtake established investments as more investors rush to purchase the token.
DTX is selling quickly at stage 6 of its public presale, valued at $0.12, which also implies a 500% profit for early buyers who acquired it at $0.02. Additionally, new investors will receive 67% profit once the DeFi coin completes the pre-sale phase and launches on mainstream markets at $0.20.
For more information, visit the DTX Exchange presale website and join the online community.
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