Chainlink (LINK) and Notcoin (NOT) have been in the headlines with unique trends and performances. DTX Exchange (DTX) has recently shaken the market by successfully raising $2 million in a private funding round, drawing comparisons to LINK and NOT.
Chainlink (LINK) Price Performance And Future Outlook
Launched in 2017, Chainlink (LINK) utilizes decentralized oracles to provide reliable data feeds to smart contracts, enhancing their functionality and real-world applicability. Chainlink (LINK) has experienced a recent dip in performance. Over the past week, LINK’s price has dropped by 5.34%, currently at $13.89.
LINK holds a market cap of $8.43 billion and a 24-hour trading volume of $220.03 million. However, its Relative Strength Index of 40.31 suggests that it may be approaching an oversold area, indicating the potential for a rebound.
DTX Exchange Captivates Investors With Insane Trading Features
DTX Exchange’s decentralized nature ensures that users worldwide can access the platform without restrictions based on geography, nationality, or financial status. This inclusivity promotes financial inclusion and democratizes access to crypto trading. Additionally, DTX offers various benefits and rewards to early investors to build a strong trading community.
Integrating distributed liquidity pools in the DTX protocol promotes enhanced liquidity, allowing traders to execute orders with minimal slippage and at competitive prices. With the successful $2 million private funding round, DTX Exchange is poised for massive growth and development.
The funds raised in its private funding round will be utilized to enhance the platform’s infrastructure further, expand its user base, and introduce new features that cater to the evolving needs of crypto traders.
Notcoin (NOT) Gains Momentum: Soars By 125.29% In a Month
Though it started as a lesser-known token, Notcoin (NOT) has gained attention due to its dramatic price surge. The token’s low price point and high volatility have attracted a diverse range of investors looking to capitalize on its upward momentum.
Over the past month, Notcoin (NOT) has experienced an impressive 125.29% increase in price, now trading at $0.01. This surge has pushed its market cap to $1.57 billion, with a 24-hour trading volume of $496.83 million. The RSI of 49.47 indicates that NOT is nearing a balanced trading range, suggesting that while it has enjoyed rapid growth, it may stabilize soon.
Emerging DeFi Platform Leads Chainlink (LINK) And Notcoin (NOT)
Amidst the fluctuating prices of Chainlink (LINK) and Notcoin (NOT), DTX Exchange (DTX) has defied expectations by raising an explosive $2,000,000 in a private funding round. This achievement shows the growing confidence in DTX’s unique offerings and potential to disrupt the crypto trading space.
DTX Exchange’s protocol operates non-custodial, allowing users to retain control of their private keys and funds. This non-custodial approach eliminates the need to trust a central authority with assets, significantly reducing the risk of hacks or mismanagement. DTX’s technical architecture is designed for scalability and high performance, enabling it to handle high-volume transactions.
As DTX continues to make more blockchain announcements and expand, its $0.04 token price is expected to reach $0.06 in the 3rd round.
Learn more:
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Read Whitepaper
Join The DTX Community
The post DTX Exchange (DTX) Defies Expectations By Raising $2M in Private Round, How Does It Compare to Chainlink (LINK) & Notcoin (NOT) appeared first on Blockonomi.
