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February 22, 2025
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Bears Lead As Polkadot and Chainlink Face Selloffs, But This Altcoin Gains 750% Before Q2


Since the beginning of 2025, market enthusiasts have observed something different in the crypto market. While Polkadot (DOT) and Chainlink (LINK) have both faced extreme bearish pressure, emerging projects like DTX Exchange (DTX) are stealing the spotlight. This change in sentiment has led investors to diversify their portfolios in search of more promising tokens.

DTX is in the lead with a gain of 750% in just three months, with over 620,000 unique holders of the token. It has raised $13.95 million so far and an expert forecast of a 50x price rise post-listing. DTX could be the once-in-a-lifetime opportunity cryptocurrency enthusiasts need to watch. 

Can Polkadot Hit a New 52-Week Low?

According to the recent sluggish price action in the crypto market, there’s not a lot of hope for Polkadot (DOT). Performing exceptionally in November, DOT reached a high of $11.64, surging 125%. However, the decline started to turn into a crash after it dropped to a low of $3.78. Polkadot tried to find support several times in this downtrend, but lower low and lower high formations dragged it 67% below the December peak. 

Source: CoinMarketCap

Currently, DOT is trading at $5.14, with a rise of 5.24% in the last 24 hours. Analysts attribute this rally to rising optimism that a DOT ETH  may soon be coming to the US. Asset manager 21Shares filed with the SEC  last week for a Spot Polkadot ETF. Despite this rebound, some experts project the failure of the local support level could push the price to a new 52-week low. 

Chainlink Faces Key Resistance at $20

Chainlink has stagnated after a major correction from its previous peaks. In the last seven days, it has plunged by 5.51%, thus maintaining the earlier trend. At the start of the year 2025, Chainlink formed a double-top pattern, which was one of the causes of a decline in the price on an extensive scale. In the last few days, it sought to effect a turn in the opposite direction, but it was rejected at the key price of $20.

Some Analysts are optimistic about LINK’s long-term future price, citing past trends and chart patterns. However, in the short to mid-term, the outlook remains bearish. Some suggest the token is forming a symmetrical triangle, which often signals a major breakout. If Chainlink stays above $18, it could confirm an uptrend, attracting more buyers and driving the price higher.

DTX: The Altcoin Poised for a 50x Surge

Despite a bearish environment, one of the biggest gainers is DTX Exchange (DTX), which has maintained momentum, with its ongoing presale selling 395 million tokens out of the 475 million total supply. This project aims to let users trade multiple assets on a single platform. Data shows that DTX’s native crypto platform covers over 120,000 assets, including conventional assets like stocks and forex. This unique platform architecture and high utility have drawn comparisons to established crypto projects like Polkadot and Chainlink. 

The platform is built on the layer-1 VulcanX blockchain, which brings the hybrid nature. In the recently launched testnet, VulcanX performed incredibly, achieving 100,000 transactions per second (TPS). Moreover, its 1,000x leverage lets users maximize gains while avoiding risk with AI risk management.

With platform features, DTX token holders will receive many additional benefits, such as governance voting rights, the opportunity to partner in a sharing program, and lowered trading fees. 

With investors’ increasing response and expert projections of multifold returns, the DTX token is set up for success in 2025. This utility token is currently trading at a discounted price of $0.16 and has a lower market cap than peers, which means faster price growth with less capital injection. As the presale is rapidly selling out, now is the time to add DTX to the portfolio.

Find out more information about DTX Exchange (DTX) by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

 

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: https://cryptodaily.co.uk/2025/02/bears-lead-as-polkadot-and-chainlink-face-selloffs-but-this-altcoin-gains-750-before-q2



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