This $0.06 Altcoin Could Soon Overtake Chainlink’s Market Cap—Here’s How
The post This $0.06 Altcoin Could Soon Overtake Chainlink’s Market Cap—Here’s How appeared on BitcoinEthereumNews.com.
The crypto market has recovered slightly from the correction due to the Israel-Iran tension. This event had impacted the market as it seemed that it could escalate to war. However, after the recovery in the market, everything seems back to normal, making the present situation a correct time to invest in the crypto market. Yesterday, Chainlink (LINK) saw a significant rejection from the $11.74, falling 6% from there and 2.32% in the last 24 hours. Price action in Chainlink is very weak, and investors are exiting the coin. Investors are slowly shifting to DTX Exchange (DTX), which aims to become the biggest player in the exchange industry. DTX Exchange (DTX) raised $3.8 million in the first week of the third stage of the presale. The presale’s success was due to its unique benefits and great fundamentals. Chainlink (LINK) Continues Bearish Sentiments With Rejection From 50-Period Moving Average Chainlink (LINK) has been in a bearish trend for a long time now. Recently, there was some ease in the PA, but the LINK price has yet to recover. After it took support from the ascending trendline, it was again rejected from the 50-SMA. This rejection shows the low buying in Chainlink (LINK) and price weakness. Shifting to recent developments in the Chainlink (LINK) ecosystem, Taurus is integrating Chainlink’s technology to address major challenges in tokenized assets, particularly around security, data reliability, and cross-chain connectivity for institutional investors. Taurus will use Chainlink (LINK)’s Data Feeds to offer real-time asset price and transaction updates. At the same time, its Proof of Reserve feature will increase transparency and reduce the risk of over-issuing tokenized assets. DTX Team Raises Listing Price To $0.20 After the VIP rebate system launch, the DTX Exchange (DTX) team has made another big announcement. DTX token listing price has been raised…
Filed under: News - @ October 10, 2024 11:16 pm