Chainlink

<ul><li>$100M Chainlink whale purchase propels LINK&#39;s 2% surge, defying market consolidation.</li><li>Coinbase&#39;s Base incorporates Chainlink Price Feeds, empowering DeFi innovation.</li><li>Analyst predicts a 50% rally for LINK as whales accumulate.</li></ul>According to Ali, a crypto analyst on the X platform, a staggering $100 million acquisition of 14 million Chainlink&#39;s LINK tokens by prominent whales has sparked a notable 2% surge in the cryptocurrency&#39;s price. This surge has breathed new life into the already dynamic cryptocurrency market, as Chainlink&#39;s LINK continues to demonstrate its resilience and attractiveness to investors.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/188b03efd0aa4e0882d91dfcdb9aef24.png" />This strategic move has set off a ripple effect, propelling the LINK price to surge by over 2%, currently trading at an impressive <a href="https://coinmarketcap.com/currencies/chainlink/" rel="noopener noreferrer nofollow">$7.52</a>. This surge comes amid consolidation in the broader crypto market, showcasing Chainlink&#39;s ability to stand out amidst the flux.Coinbase, a prominent player in the cryptocurrency realm, has taken a significant step towards bolstering Chainlink&#39;s ecosystem. The introduction of Chainlink Price Feeds on Base, a rapid and highly scalable layer-2 blockchain, signals a pivotal development for the DeFi landscape. This integration allegedly equips developers with the power of Chainlink&#39;s renowned price oracle infrastructure, enabling the creation of next-generation DeFi applications that combine speed and accuracy.Read full article at <a href="https://cryptotale.org/100-million-chainlink-whale-purchase-triggers-2-link-price-surge/" rel="noopener noreferrer nofollow">CryptoTale.</a>

$100 Million Chainlink Whale Purchase Triggers 2% LINK Price Surge

CryptoTale

Autres articles publiés le 9 août 2023

XRP Community Celebrates Exclusion from CoinGecko’s Security List

Microsoft crypto scam steals $35K in bitcoin with fake firewall

The Role of Self-Sovereign Identity in Data Protection 🛡️🔒

Ripple v. SEC: When Will Jury Trial Begin?

Federal Reserve Introduces New Oversight for Banks’ Cryptocurrency Activities

Chainlink Price Analysis: Michaël van de Poppe Predicts LINK Price All Set For 90% Spike

Join our free newsletter for daily crypto updates!