BUILD

FOMO

Chainlink

Rise

<p style="text-align: justify;"><strong><a href="https://en.coin-turk.com/new-revelation-from-altcoin-hunter-this-altcoin-is-rising-unnoticed/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink</a></strong>‘s (<strong><a href="https://en.coin-turk.com/this-altcoin-breaks-its-chains-the-reason-behind-the-rally-in-chainlink-link/" data-wpel-link="internal" rel="noopener noreferrer nofollow">LINK</a></strong>) price has reached its highest level in the past 3 months, surging over 20%. The increased trading volume and whale transactions indicate a high level of interest and active accumulation in the LINK market. The effectiveness and strategic growth of the ecosystem also contribute to the positive sentiment towards LINK among investors.</p> 
<h2 style="text-align: justify;" id="strong-trading-volume-soars-alongside-chainlink-s-price-strong"><strong>Trading Volume Soars Alongside Chainlink’s Price</strong></h2> 
<p style="text-align: justify;">Chainlink’s native asset <strong>LINK</strong> has outperformed the rest of the cryptocurrency market in consolidation, with a 20% increase in the past 24 hours. LINK is currently trading at $8.27 with a market capitalization of $4.45 billion. The significant increase in trading volume, which has seen a surge of over 787% in the past 24 hours, has resulted in the price of the altcoin reaching its highest level in 3 months.</p> 
<p style="text-align: justify;"><img decoding="async" class="aligncenter size-full wp-image-238797" src="https://coin-turk.com/wp-content/uploads/2023/07/Altcoin-Chainlink-LINK-scaled.jpeg" alt="" width="2560" height="1680"></p> 
<p style="text-align: justify;">According to on-chain data provider <strong>Santiment</strong>, Chainlink has become the 3rd most trending topic in the cryptocurrency market due to its impressive performance. The on-chain volume for LINK has reached its highest level of the year at $347.72 million. The data suggests that FOMO (fear of missing out) could be the only obstacle preventing LINK from reaching $10.</p> 
<h2 style="text-align: justify;" id="strong-whales-quietly-accumulating-link-strong"><strong>Whales Quietly Accumulating LINK</strong></h2> 
<p style="text-align: justify;">Chainlink’s price has been consolidating between $6 and $8 for a significant period, indicating this range as an accumulation zone for investors. However, the recent increase in trading volume and whale transactions indicates a growing interest in the altcoin among investors and market participants.</p> 
<p style="text-align: justify;"><img decoding="async" class="aligncenter size-full wp-image-238796" src="https://coin-turk.com/wp-content/uploads/2023/07/Chainlink-LINK-Balinalari-scaled.jpeg" alt="" width="2560" height="867"></p> 
<p style="text-align: justify;">Data suggests that crypto whales, who are large-scale investors, play a significant role in the LINK market, and wealthy LINK holders are increasing their wallet balances. This indicates that major crypto investors have been quietly accumulating LINK for a long time. Despite the lack of significant price movement, the increasing trading volume and the high accumulation by large investors suggest the possibility of a much larger explosion in the future.</p> 
<p style="text-align: justify;">Furthermore, there is a high level of activity within Chainlink’s ecosystem, making it a favorite among market investors. Chainlink, a leading oracle service provider for blockchain systems, contributes to the positive momentum in price through its Chainlink BUILD program, which focuses on strategic growth.</p> 
<h5>The post <a href="https://en.coin-turk.com/chainlink-attracts-whales-with-its-over-20-rally-will-links-rise-continue/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink Attracts Whales with its Over 20% Rally! Will LINK’s Rise Continue?</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS.</a></h5>

Chainlink Attracts Whales with its Over 20% Rally! Will LINK’s Rise Continue?

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