Chainlink (LINK) whales decrease as Arbitrum (ARB) struggles after the presale boom of DTX Exchange (DTX)

Experts believe that 2024 is most likely to be the year of the newly launched project, DTX Exchange (DTX). This new project has eclipsed long-standing projects like Chainlink (LINK) and Arbitrum (ARB) with massive growth potential. Therefore, the demand for its presale tokens is surging rapidly.

Chainlink (LINK) active addresses fall

The last few weeks have been bearish for LINK holders as Chainlink has struggled to sustain its growth momentum. Over the past 30 days, the price of Chainlink (LINK) has fallen by more than 12%. Consequently, the trading price of Chainlink (LINK) has come down to $17.54.

Declining whales’ interest in Chainlink (LINK) could be a major reason. As per the latest on-chain data, large transactions involving Chainlink (LINK) have tumbled by more than 23% in the last week. Besides, the number of active addresses on the Chainlink (LINK) network has also declined.

According to analysts, if this trend continues, Chainlink (LINK) can suffer a further drop in its trading price.

Arbitrum (ARB) loses Layer 2 race to Base

Arbitrum (ARB) seems to be losing its grip in the Layer 2 sphere as the Base network has posted a better performance. As per data, Arbitrum (ARB) is trailing behind Base in both daily transactions and activity.

The L2Beat report shows that Base has processed 47.78 million transactions in the past month, while it was 39.26 million for Arbitrum (ARB). Besides, Base has overtaken Arbitrum (ARB) in terms of transaction speed. These developments have triggered a bearish momentum in the Arbitrum (ARB) community.

Consequently, the market value of Arbitrum (ARB) has fallen by over 27% in the past month. Currently, Arbitrum (ARB) is available at $1.52.

DTX Exchange (DTX) set to become a new blue-chip crypto

If you are into trading, you might have bumped into some frustrating exchanges. The ones with complex interfaces, hidden fees, and slow transaction times. DTX Exchange (DTX) is aiming to change everything. This new trading platform will offer lucrative services like high leverage (up to 1000x on some assets).

Notably, the number of crypto owners is likely to jump to 1 billion by 2027. Hence, DTX Exchange (DTX) is looking to capitalize on this growth opportunity. It also wants to shake things up with a wider range of assets. On DTX Exchange (DTX), you can explore traditional stocks, forex, and other investment assets too. So, whether you’re a seasoned trader or someone just starting out, DTX seems to have options for different experience levels.

Fancy tools are always a plus, and DTX Exchange (DTX) delivers there as well. It offers charts, graphs, and analytics to help you make sense of the market, and spot potential opportunities. The platform is focused on helping you make informed decisions.

The key thing with DTX Exchange (DTX) is that it is all about speed, security, and putting you in control. Therefore, there is a strong buzz around DTX right now. The first stage of the presale of DTX Exchange (DTX) tokens is live, and investors have thronged on it. Currently, you can buy a DTX Exchange (DTX) at just $0.02. However, it is ready to soar to $0.075 in the upcoming stage.

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