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Chainlink and Ethereum whales are eyeing a new DeFi coin presale, drawn by its strong growth potential in this bull cycle.
As the cryptocurrency market evolves, advanced platforms and assets appeal to investors. Among them are Chainlink (LINK), Ethereum (ETH), and a DeFi coin that has proven to be a good crypto to buy due to its massive growth potential.
Previously, investors have been cautious when investing in new crypto. But this time around, they are buying aggressively into the new DeFi coin presale due to its huge profit prospects despite being in its presale stage.
Here is why the new crypto is attracting ETH and LINK whales in this bull cycle!
DTX Exchange: A new crypto platform offering 120k assets and a profitable DeFi coin
DTX Exchange (DTX) is a new crypto trading platform that has introduced a unique trading strategy to the market.
It is different from most exchanges that support only specific asset classes like commodities, indices, bonds, and stocks. In that context, the DTX Exchange platform offers 120,000 asset options for traders to invest, including cryptos.
With this massive offering, DTX Exchange is linked to the $714.7 trillion OTC derivatives market, which gives its DeFi coin a massive growth potential. Thus, investors handle multiple assets without switching between platforms or accounts.
For those who love privacy, DTX Exchange is a great option. Its no-KYC policy means users can transact without revealing their identity. This investment method helps traders meet their needs and is perfect for users looking for a quick and easy registration process.
DTX Exchange is a dominant player in the crypto sector, offering advanced investment concepts. Its DeFi token has delivered remarkable market performance despite being in its presale phase. In that context, DTX’s presale has raised over $9.4 million so far, and analysts say the figure will exceed $10 million this month.
With all its features, DTX Exchange boosts users’ trading experience and offers appealing incentives to holders. The crypto trading platform might become the next big thing in this bull market because of its increased privacy, innovative features, and access to many assets.
Chainlink whale activity soars by 1,219%, driving LINK’s price growth
Chainlink recorded an increase of 1,219% in whale activity on December 2, 2024, with these transactions hitting $858.08 million. This coincided with a 31% price growth, bringing LINK to trade above $24. Interestingly, the token has gained over 35%, highlighting strong market momentum.
Whale activity indicates considerable buying and selling, which affects the price of the token. IntoTheBlock data suggests that whales are accumulating LINK and capitalizing on the price rally. The massive activity highlights investor confidence in Chainlink’s growing ecosystem.
Chainlink has continued to grow via high-profile collaborations with reputable entities like Swift, Euroclear, and Brazil’s central bank, which leverage Chainlink for its CBDC project. These advancements show Chainlink’s integral role in blending AI, oracles, and blockchain technology across the financial markets.
LINK was valued at $24.11 on December 6, up 36.29% in the past week. Analysts say LINK will rise to $29 this month as more whales accumulate the token. As LINK shows massive growth potential, investors are turning to a new $0.12 DeFi coin that could deliver your annual income in a month.
Ethereum Eyes $4,000 with growing whale activity and bullish sentiment
Ethereum’s ETH is around 18% below its all-time high, recording the potential to surpass $4,000 for the first time in nine months. The main drivers include a growing 7-day Market Value to Realized Value (MVRV) ratio and growing whale accumulation.
The 7-day MVRV, now at 6.1%, highlights growing unrealized profits and increased optimism among short-term holders. Historically, levels around 7% or higher result in corrections, but the rally may extend further if the sentiment remains bullish.
Whale accumulation is also growing, with wallets holding over 1,000 ETH, hitting 5,599, a high since October 6, 2024. This growing interest from whales highlights confidence in ETH’s price trajectory. If ETH surpasses $4,000, it could go to its all-time high of $4,867. However, if the momentum fades, ETH may retest support at $3,688, $3,500, or $3,255.
ETH was trading at $3,904 on December 6, up 9.16% in the past week. Analysts say ETH will rise to $4205.16 this month as more investors buy the altcoin. Investors are turning to a new DeFi coin that has massive growth potential. Thus, it is a good crypto to buy.
DTX is considered a good crypto to buy over LINK and ETH in this bull market
The dynamic crypto market continues to attract investors with innovative projects like DTX Exchange, which is impacting crypto trading massively. With growing interest from Chainlink and Ethereum whales, the DeFi coin has massive profit potential that has made it a good crypto to buy in this bull cycle.
DTX Exchange’s unique features position it perfectly to outpace the established investments as more investors rush to buy the token.
DTX is selling rapidly in Stage 6 of its public presale, valued at $0.12, which also implies a 500% profit for early buyers who acquired it at $0.02. Additionally, new investors will receive a 67% profit once the DeFi coin completes the presale phase and launches on mainstream markets at $0.20.
For more information, visit the DTX Exchange presale website and join the online community.
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