Many established cryptos are disappointing investors in this market cycle due to minor price gains and heightened volatility, preventing notable price rallies. Near Protocol (NEAR) and Chainlink (LINK) top the underperformers’ list, struggling to go parabolic as bears continue to mount whenever bulls push the price to upper levels.
In contrast, the focus is shifting to DTX Exchange (DTX) which leverages an AI-powered platform, surpassing the potential of Near Protocol (NEAR) and Chainlink (LINK). With its ground-breaking presale performance, DTX continues to grab global attention toward its cutting-edge tradFi technologies and passive income model with hybrid features.
Near Protocol (NEAR) Struggles: $5.38 Support at Risk
Near Protocol (NEAR) continues to face bearish trends as the broader AI crypto sector witnesses a 4% loss in market value. Even though the hype of the Valour ETF launch focused on the Near Protocol (NEAR) ecosystem, the token failed to meet investor expectations, continuing the sluggish price momentum below key threshold levels.
Driven by BTC price volatility and fluctuations in the broader market, Near Protocol (NEAR) is down by 5.1% on the intraday chart along with a declining transactional volume of 25%. This trendline reflects the fading confidence of the crypto community in the price trajectory of Near Protocol (NEAR) for the next few days.
Technical indicators like 10-day moving averages indicate a strong selling signal for the Near Protocol (NEAR) as the AI crypto witnesses surging bearish prices and the price can dip below the crucial support of $5.38 if bears persist.
Chainlink (LINK) Faces High Volatility After $2.77 Million Sell-Off
Chainlink (LINK) has disappointed investors after failing to clear above $15 in the recent rally. The token is now facing high market volatility as many investors book profits while some holders continue to shuffle large amounts of Chainlink (LINK) tokens to exchanges or other wallets.
Chainlink (LINK) continues to decline notably after the recent dumping by the WazirX hackers. The North Korean hacker group has dumped $2.77 million of Chainlink (LINK) in the last seven days, contributing to rising speculation about its market’s volatility and price trajectory.
The LINK token trades below $13.9 with a 34% decline in the on-chain activity. While analysts are optimistic about Chainlink (LINK) in the upcoming days, investors hesitate to go big in the LINK token as there is a potential for the LINK price to drop below a $13 support mark if buyers fail to regain momentum.
DTX Exchange (DTX) Crowned as The Best Presale of 2024
DTX Exchange (DTX) has created a buzz in the trading sector with its all-in-one hybrid tradFi platform, boasting a transaction speed of 0.04 seconds. DTX platform offers global investors a lucrative opportunity to maximize profits through automated trading strategies, APIs, quant and algo trading, and 1000x leverage in diverse financial sectors, including forex, cryptos, stocks, and equities.
Through unique and cutting-edge solutions, DTX Exchange emerges as an attraction for users worldwide. The platform commits to user security and ownership through blockchain technology and non-custodial wallets. Moreover, through distributive liquidity pools, traders can access a seamless trading environment, enjoying trading efficiency and optimized asset-holding strategies.
After a remarkable presale stage 1 performance, DTX Exchange has raised over $1 million in stage 2. The DTX token priced at $0.04 leads experts to forecast a potential increase to $0.06 in the next round, marking this a prime time to be part of the 25x potential of DTX’s secure and KYC-free ecosystem.
Conclusion
Near Protocol (NEAR) and Chainlink (LINK) prices have led their investors to bet big on the emerging DTX Exchange that aims to transform conventional trading approaches and merge machine expertise with human insights. DTX Exchange presents a compelling opportunity for investors seeking high returns in the upcoming bull market.
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