Analysts Spot Restricted Buying of LINK & APT Tokens as Bearish Trends Flip Whales Into $3.7M DTX Presale

Chainlink (LINK) and Aptos (APT) have been star performers in the last crypto bull run, scoring double-digit gains. While the hopes are still high about the continual momentum, analysts observe investors’ sell-offs, and a slowdown in their overall price trend due to critical resistances and upcoming token unlocks. 

While Chainlink (LINK) and Aptos (APT) have entered a bear-bull stalemate, DTX Exchange (DTX) emerges as a key alternative for 2x returns with its cutting-edge tradFi tech and ground-breaking presale momentum. DTX Exchange is poised for high-flying gains as global traders shift focus to its cutting-edge schemas and 500% potential post-launch.  

Sideways Bearish Trend Indicates Chainlink (LINK) Retreat to $10 

Chainlink (LINK) scored bullish gains in the last bull run, gaining a strong position above the $11 support level. The project’s developments and rising RWA influence played a key role in advertising as a prominent crypto for the next bull run. However, Chainlink (LINK) has stagnated and shows a sideways price trend, as the $11.9 resistance has been critical for its advance. 

Many experts predict that Chainlink (LINK) has fallen off its bullish stance, and a retreat to $10 support can happen due to large whales selling their tokens. Meanwhile, some analysts also hold a bullish stance about Chainlink (LINK) to score another 20% rally this month. Amid mixed signals, many buyers step back from going big in LINK tokens before clear bullish trends are observed. 

Aptos (APT) Slips as $451M Token Unlock Sparks Volatility Fears

Aptos (APT) has been a top performer from last week’s leaderboards after a 10% bullish surge. However, the token has started the new week on a bearish note as investors have observed selling their Aptos (APT) tokens on different exchanges, leading to a notable 1.5% drop in the last 24 hours. 

The primary reason for Aptos (APT) price’s slow momentum is the upcoming  $451 million token unlock between October 8 and October 14, 2024. This can spark a wave of volatility for Aptos (APT) and its bullish price trend, leading to liquidations, hence keeping investors away with caution for any potential downside movements this week. 

$3.8M Presale Surge Makes DTX Exchange (DTX) ‘Bulls Favorite’

DTX Exchange (DTX) has emerged as a revolutionary presale project, poised to moonshot with its global demand knowing no bounds. The trader community is flocking to its innovation-driven ecosystem to transform conventional trading patterns with 1000x leverage, highly sophisticated automation strategies, and real-time analytics. 

Moreover, advanced risk management tools, quant and algo trading, the first-ever hybrid layer-1 blockchain, KYC-free onboarding, and a VIP Rebate System have provided traders with an end-to-end ecosystem. They can manage assets, execute trades, and enjoy maximum gains in many financial markets, including stocks, cryptos, forex, and equities. 

The batch 3 presale has surged past the $3.8M milestone, with over 86% of the tokens sold out, ready to enter stage 4 soon. Available at $0.06, analysts hail this as the prime time to enter low and bag up DTX tokens to enjoy explosive returns as the tokens are set to get listed by the end of 2024 on major CEX platforms, poised for 10x returns on investments.  

Conclusion

While Chainlink (LINK) and Aptos (APT) struggle with declining whale activity and upcoming token unlocks, smart whales’ attention is shifting toward the stellar performer DTX Exchange (DTX). The project is emerging as a high-profile alternative for traders looking to capitalize on the next big market move for exponential returns in 2024. 

Learn more: 

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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