DeFi
Trump’s push for US dominance in Bitcoin mining and Chainlink holders’ move to new DeFi project
Recently, Donald Trump posted on Truth Social stating that he wants all remaining Bitcoin (BTC) to be made in the United States. This would allow the United States to dominate the BTC mining space. Meanwhile, many Chainlink (LINK) holders are turning to DTX Exchange (DTX)– a level 2 presale sensation that could grow 100x in 2024. Let’s see what makes this DeFi coin so attractive.
Bitcoin (BTC): Donald Trump with a major declaration
Even though he criticized Bitcoin (BTC) during his former presidency, Donald Trump seems to have changed his mind on this crypto. Recently, this presidential candidate published on Truth Social that he wants the United States to dominate Bitcoin mining. With the possibility of all remaining BTC being made in the United States, the future of this crypto looks very bright.
When it comes to the crypto value of Bitcoin, it has increased by over 150% in the past year alone. Additionally, BTC is trading above its 100 and 200 day EMAs while having 15 technical indicators in the buy zone. Due to all this news and bullish indicators on Bitcoin, experts are predicting a rise to $84,000 before the end of the second quarter of 2024.
Chainlink (LINK): analyst remains optimistic
Meanwhile, Chainlink (LINK) is a DeFi coin that has been making headlines in this space. Notably, Chainlink price is up almost 200% on the YTD chart, according to CoinMarketCap data. According to Rags to Riches, this bullish trend for this DeFi crypto could continue. His post claims LINK could reach $120 in this crypto bull run.
The technical analysis of the Chainlink coin is also bullish. For example, 12 technical indicators are flashing green for LINK as it trades above its 100 and 200 day EMAs. As a result, market analysts predict growth to $22 in Q2 2024 in their Chainlink price predictions.
DTX Exchange (DTX): one of the best DeFi projects
DTX Exchange (DTX) has caught the attention of the crypto community due to its unique business approach. Combining CEX and DEX, DTX Exchange provides users with unparalleled adaptability and authority. Through this hybrid model, traders can access over 120,000 different assets across stocks, Forex and cryptocurrencies in one place.
A notable feature of DTX Exchange is its highly leveraged options, which traders can amplify up to 1,000 times. This opens up significant profit potential for traders who want to maximize their returns. Additionally, while many platforms like Binance forgo privacy, DTX Exchange provides just that by removing registration KYC checks. So everyone can exchange anonymously.
The DTX token is the heart of the DTX Exchange ecosystem. Holding this DeFi coin offers several benefits, including lower trading fees, governance voting rights, and more. Additionally, anyone purchasing $100 worth of DTX during the presale will be entered into a $1 million giveaway, with ten winners each.
This has been a great start to the DTX Exchange presale, which has raised over $690,000 so far and is expected to reach $1 million before the end of June 2024. The price of this DeFi coin currently stands at $0.04 in step 2, a 100% increase from its starting price of $0.02. However, experts predict another 100x increase once a Tier 1 CEX lists DTX in Q3 2024.
Will DTX Exchange Overtake Bitcoin and Chainlink?
With Donald Trump’s attempt to make the United States the most powerful country in Bitcoin mining, changes are expected in the crypto market. Chainlink is one of many successful projects; however, traders have focused on new opportunities like DTX Exchange.
DTX has a small market capitalization and is linked to many billion-dollar financial markets, such as $133 trillion bonds. Therefore, this DeFi coin will rise faster and higher than its peers. If you want to buy DTX, follow the links below.
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