Donald Trump’s Presidential Debate on Crypto-Friendly Policies Triggered a Surge for Polkadot, Chainlink, and the Defi Token DTX

The cryptocurrency market is no stranger to volatility, often influenced by political events and regulatory developments. Recently, a notable surge in Polkadot (DOT), Chainlink (LINK), and the DeFi token DTX was observed following a presidential debate featuring Donald Trump.

As the presidential candidates ramp up their efforts to secure the cryptocurrency industry’s support ahead of the election, Donald Trump’s recent statements have had a noticeable impact on the prices of Polkadot (DOT), Chainlink (LINK), and the DeFi token DTX.

Trump, who is expected to face Biden in the November elections, has begun fundraising for his campaign using cryptocurrency donations. At a rally in Racine, Wisconsin, on June 18, Trump stated, “I will end the Biden administration’s war on cryptocurrency.”

Trump’s statements sparked optimism within the crypto community, particularly among investors in Polkadot (DOT), Chainlink (LINK), and DTX. Here's how their market performance was affected by the Trump factor and potential crypto-friendly policies.

Polkadot (DOT) bulls are gearing up for a potential breakout as the token experiences a surge in buying pressure. Currently trading within a range of $5.28 and $6.22, DOT is encountering its next hurdle at $6.79.

If bulls can successfully overcome this resistance level, the token could experience a significant surge towards $7.73, marking a potential upside of 30% from the current high of $6.22.

Recent positive movement is evident with a 11.53% gain recorded this week. Despite experiencing an 11% drop over the past month, the Relative Strength Index (RSI) remains in bullish territory, suggesting there’s room for further growth. With strong buying pressure building, DOT presents a compelling opportunity for investors seeking assets with clear upside potential.

Chainlink (LINK) has also experienced a recent surge, notably crossing the crucial $13 resistance level. This bullish momentum has analysts predicting a potential price surge, with some even charting a course for significant upward movement.

The decentralized oracle network has sparked excitement among crypto enthusiasts, as its integration into numerous applications has made it a highly sought-after asset. A recent analysis by IntoTheBlock reveals that LINK is poised for a potential breakout, as it continues to trade above the key support level of $11.

Further fueling the optimism is the current Relative Strength Index (RSI) sitting at a neutral 43. This metric indicates that LINK is neither overbought nor oversold, leaving ample room for potential growth. A breakout above the key resistance level of $14.85 could mark a significant shift in momentum, potentially triggering a sustained uptrend for LINK in the coming days.

While Bitcoin and the broader crypto market faces turbulence, DTX Exchange is thriving with its advanced trading features and unique blockchain technology.

DTX Exchange offers a unique hybrid trading platform that combines the best aspects of Decentralized Exchanges (DEX) and Centralized Exchanges (CEX). This allows for high-speed trading across over 120,000 assets, including cryptocurrencies, stocks, bonds, forex, and commodities, without requiring KYC verification. Despite this, DTX adheres to strict international financial regulations, ensuring user asset security and compliance.

DTX tokens, currently priced at $0.04, provide numerous benefits, such as reduced trading fees, exclusive features, and governance voting rights. The presale has been highly successful, raising over $762,836. As the presale continues, token prices are expected to rise to $0.06 in the next round.

For more information, visit the DTX presale website, read the whitepaper, or join the community on Telegram.

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