Cardano & Chainlink Are Struggling—Why Whales Are Moving to DTX Instead
The post Cardano & Chainlink Are Struggling—Why Whales Are Moving to DTX Instead appeared on BitcoinEthereumNews.com.
After a period of dominance in crypto, Chainlink (LINK) and Cardano price have been losing ground as both struggle to keep up with the market. The ADA coin price remains stuck, while LINK faces growing competition, raising doubts about its future growth. Meanwhile, crypto whales are switching their focus to DTX Exchange (DTX), a rising altcoin scaling up a serious momentum. With DTX surging in presale and offering a fresh approach to trading, investors are now speculating whether it could be the smarter bet over ADA and LINK. Cardano Price Slips as Confidence Wavers The Cardano price remains stuck below key levels, keeping ADA in a tight range. While some expect a breakout past $1.10, overall sentiment is weak. Charles Hoskinson burned a massive amount of ADA meme coin, CHARLES to distance himself from hype, causing a sharp crash. Though some praised the move, others questioned if the ADA funds could have been better used. Meanwhile, ADA’s governance upgrade, Plomin is live allowing holders to delegate voting power, but concerns over staking restrictions and security risks remain. Source: CoinMarketCap ADA continues to face uncertainty as Cardano price shows no clear recovery. Despite the Plomin upgrade, ADA remains under pressure, with security teams warning of scams tied to governance delegation. The network aims to improve decentralization, but whales are moving funds elsewhere as price action stays weak. Investors are now watching whether Cardano price can break resistance or stay in its current range. However, after an eye on Cardano price, many investors are now turning to platforms with faster adoption and real-time utility like DTX that has surged in value during its presale, attracting whale interest. Chainlink (LINK) Expands in DeFi but Faces Market Uncertainty Chainlink (LINK) is one of the prominent players in the crypto space. However its recent price…
Filed under: News - @ February 3, 2025 1:11 am