DTX Exchange Under Spotlight for Innovation as Investors Ditch Chainlink and Tron After Major Crash

July 9, 2024
·
2 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Chainlink (LINK) and Tron (TRX) have seen considerable price drops in a week, prompting investors to look for other options. Amidst this turbulence, DTX Exchange has seized the opportunity through its advanced risk management tools and promising presale performance.

Chainlink (LINK) Approaches Oversold Area Amid Market Turbulence

Known for its decentralized oracle network, Chainlink (LINK) has been a key performer in the crypto market. However, it has faced a challenging week, with its price dropping by 7.34% over the past seven days, currently trading at $13.27 before retracing.

With a market cap of $8.05 billion and a 24-hour trading volume of $393.26 million, Chainlink (LINK)'s recent performance has raised concerns among investors. The Moving Average Convergence Divergence level at −0.640 indicates bearish momentum, while the Relative Strength Index at 44.55 suggests that Chainlink (LINK) is approaching oversold territory.

Tron (TRX)’s Robust Blockchain Signals Bearish Sentiment

Tron (TRX) has also faced its share of challenges. Currently priced at $0.12, TRX has experienced a 2.23% decline in just 24 hours. Tron (TRX) is under pressure with a $10.91 billion market cap and a $416.05 million trading volume.

The MACD level for Tron (TRX) is −0.00253, signaling a bearish sentiment, while the 55.72 RSI indicates a relatively neutral position but with a slight bearish bias. Despite its up-to-date blockchain infrastructure and active development community, the recent price decline has spurred investors to explore other secure and innovative trading platforms like DTX Exchange.

DTX Exchange In The Spotlight After Major Chainlink & Tron Crash

DTX Exchange has drawn investors looking for stability and high gains as Chainlink (LINK) and Tron (TRX) recover from their recent setbacks. The project prioritizes user capital protection through various risk management tools and features. It implements stop-loss orders, which allow traders to set predefined price levels to limit potential losses.

Moreover, DTX Exchange offers controls for margin trading, allowing users to leverage their positions. The platform encourages disciplined trading practices, helping traders overcome emotional biases that may lead to impulsive and irrational decisions. DTX Exchange empowers users to trade confidently while protecting their capital with these risk management tools.

DTX Exchange Presale To Cross $1 Million As Whales Move In

In addition to its impressive risk management features, DTX Exchange has shown promising growth during its presale phase, raising over $868,542 to date. Currently selling at $0.04 per token, DTX is set to increase to $0.06 in the next round, highlighting strong investor interest and confidence in the platform's future.

With the ongoing Chainlink (LINK) and Tron (TRX) price fluctuation, DTX Exchange is outshining the status quo with its cutting-edge blockchain technology. As LINK and TRX face significant price drops and bearish indicators, investors are moving toward DTX Exchange's advanced features and strong presale performance.

The platform's dedication to protecting user capital and encouraging disciplined trading practices have set it apart in a crowded market. As DTX Exchange gains momentum, it is poised to become the next Solana (SOL).

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

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43b, Emina Cres, Allen, Ikeja.

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