With significant turmoil in the altcoin and meme sector, Chainlink (LINK) and Shiba Inu (SHIB) are prominent figures, having their investors on the edge of their chairs amid low performance and sluggish price momentum. With money flowing out, DTX Exchange (DTX) attracts big moneybags with its high-value presale and new innovative tradFi features.
Amidst a sluggish market, Chainlink (LINK) and Shiba Inu (SHIB) are higher up in the ranks of decliners. However, the hybrid DTX Exchange is outshining them with a presale that has already raised $2.2 million.
With significant turmoil in the altcoin and meme sector, Chainlink (LINK) and Shiba Inu (SHIB) are prominent figures, having their investors on the edge of their chairs amid low performance and sluggish price momentum. But with money flowing out, DTX Exchange (DTX) is attracting big moneybags with its high-value presale and new innovative tradFi features.
While Chainlink (LINK) and Shiba Inu (SHIB) are both struggling to keep investors interested, the hybrid DTX Exchange is excelling in its presale, thanks to its 1000x leverage and AI-powered automation. But how exactly are both LINK and SHIB faring in the market right now? Let’s dive deeper into their price performance.
Chainlink (LINK) Price Loses Steam Despite Strategic Collaborations
The Chainlink (LINK) ecosystem is seeing multiple developments and scalability solutions through key integrations and collaborations. However, despite the community sentiment being positive after the network’s support for Cardano through its Data Streams project and Hong Kong’s approval to trade Chainlink (LINK), the price continues to lack momentum in a range-bounded channel.
Chainlink (LINK) price consolidates between a narrow range between $10 – $11 with investors fearing more downside in case of rejection from immediate thresholds. Notably, Chainlink (LINK) has lost more than 13.8% value in the last 7 days and the sluggish price momentum is alarming for whales as technical analysis and price charts also suggest more downside for the token.
Shiba Inu (SHIB) Price Downtrends With 13% Value Depreciation
Shiba Inu (SHIB) is reportedly the worst performer among the memecoins since the August 5 market crash. The second-largest memecoin currently trades above the support level at $0.0000134, with its price continuing a descending trendline. Shiba Inu (SHIB) has lost over 13% value in the past 30 days, leading to notable liquidations for investors.
According to the technical analysis, indicators suggest rising bearish action for Shiba Inu (SHIB) despite high-burning stats in August. With investors offloading the memecoin to mitigate losses, analysts suggest that the Shiba Inu (SHIB) price could retrace more to find support at the $0.00001260 and bounce back with significant upside momentum.
DTX Exchange (DTX) Jumps Past $2.2M Presale as Demand Soars
DTX Exchange (DTX) is a new tradFi sensation, renowned for its 1000x leverage feature and AI-backed automation. The platform allows traders to capitalize on investments from higher market positions with minimum capital and access advanced risk management tools and real-time analytics to streamline their interests in volatile markets for maximum profitability.
The hybrid platform of DTX is a safe and secure platform with decentralized protocols including KYC-free onboarding and non-custodial wallets. With access to 120k+ digital assets from diverse financial markets including forex, equities, commodities, cryptos, and stocks, DTX empowers traders to engage with their choice and strategize.
The project has raised an astounding $2.2 million in round 3 of the public presale, reflecting high engagement from big whales. Since its testnet debut, the presale has experienced a massive demand at $0.06. Predictions suggest that the DTX token can jump beyond $1 as soon as it hits major CEX platforms, marking this a prime time to be a part of the next market leader, promising 100x ROI potential to early buyers.
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