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Bull markets lead to heightened trading activity, and trading platforms will be the biggest gainers in the coming months. Chainlink (LINK) investors captivated by DTX Exchange potential after 1,000X leverage feature as $LINK price dumps.
While major altcoins from the last cycle, like LINK, are performing poorly, up-and-coming presales like DTX Exchange are rocketing. It could even be the top crypto to invest in this year. More volatility means more growth for trading platforms. Besides, DTX’s new leverage feature is blowing its competition out of the water.
Chainlink (LINK) Price Dumps
Chainlink (LINK) has dropped by nearly 8% this week amid the larger sell-off in altcoin markets. While LINK was one of the leading performers in the last cycle, its 10 billion dollar market cap will be challenging to move this cycle. Besides, More and more Chainlink holders are rotating into the DTX Exchange presale.
Offering Oracle services to DeFi, Chainlink powers the majority of price feeds in DeFi. In addition, this blockchain abstraction layer feeds external data into smart contracts. Chainlink’s decentralized oracle network is essential for DeFi applications. Recently released Chainlink Cross-Chain Interoperability Protocol (CCIP) seeks to allow information and data to pass freely between blockchains.
$LINK token holders have the option to stake their tokens and earn rewards by helping to secure oracles. However, $LINK’s recent price performance leaves much to be desired. Therefore, it is easy to see why these investors are moving into the DTX Exchange presale.
DTX Exchange (DTX) Soaring After 1,000X Leverage Feature Released
DTX Exchange (DTX) is one of the best cryptocurrencies to buy now. Its 1,000X leverage feature is captivating Chainlink (LINK) investors. This exchange is revolutionizing the trading industry by leveraging blockchain technology and integrating various asset classes and instruments, including contract-for-differences (CFDs).
This platform Combines the best elements of a decentralized and centralized exchange. Thus, traders enjoy the performance of the DEX but with the custody and security benefits of the CEX. DTX utilizes an on-chain order book, a fully verifiable and open record of all buy and sell orders. Besides, its unique approach to liquidity powers a top-tier trading experience.
DTX uses Distributed Liquidity Pools. They allow it to aggregate liquidity from all across DeFi for the lowest possible slippage and best trade price execution. It is a high-performance and globally accessible trading platform where users can instantly access over 120,000 financial instruments. It’s leading a new standard for on-chain trading with in-depth analysis and the ability to access 1,000X leverage options.
$DTX token holders will receive reductions in trading fees and revenue share via staking. Thus allowing them to earn and grow alongside the platform. Price predictions already forecast a 50X for $DTX later this year. It is rapidly becoming the leading ICO and investment opportunity in Q2.
DTX is currently in its first presale stage. To learn more about DTX, visit the DTX presale website or join the DTX community.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
