2024

Sponge

Dogecoin

Chainlink

<p>The Chainlink price is up 0.55% in the last 24 hours to trade for $20.17 as of 6:50 a.m. EST time even as trading volume plunged 22%.</p>
<p>Over the last week, the Chainlink price has jumped 11%, with LINK also soaring 34% in a month. That has catapulted the altcoin to the tenth position on CoinMarketCap’s list of crypto tokens by market capitalization, and pushed Dogecoin (DOGE) outside of the top 10.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🔥 Just In: Chainlink's LINK Surpasses Dogecoin as 10th Largest Cryptocurrency amidst Price Surge</p>
 <p>For more details, visit: <a href="https://t.co/bCXfNVZQge" rel="noopener noreferrer nofollow">https://t.co/bCXfNVZQge</a><a href="https://twitter.com/hashtag/LINK?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#LINK</a> <a href="https://twitter.com/hashtag/price?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#price</a> <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Chainlink</a> <a href="https://twitter.com/hashtag/Breaking?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Breaking</a> <a href="https://twitter.com/hashtag/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoNews</a></p>
 <p>— Algoine (@algoine) <a href="https://twitter.com/algoine/status/1757478136533447152?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 13, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Some analysts attribute the surge in Chainlink price to a huge transaction by a large holder. Data according to IntoTheBlock shows that LINK whale transactions greater than $100,000 totaled more than $1.29 billion over the past week. As indicated in the chart below, there have been more exchange outflows than inflows over the same duration. This suggests that the current holding sentiment from LINK traders is stronger than an intention to sell.</p>
<p>IntoTheBlock’s exchange metric shows that $260.50 million worth of LINK was withdrawn from exchanges in the past seven days. This is compared to the $160.92 million in inflows.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/LINK-Whales.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-480623 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/LINK-Whales.png" alt="LINK Whales" width="1366" height="560" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/LINK-Whales.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/02/LINK-Whales-300x123.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/LINK-Whales-1024x420.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/LINK-Whales-768x315.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Chainlink</a> Takes Over <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Dogecoin</a> In Key Metric As Mysterious Whale Pushes <a href="https://twitter.com/hashtag/LINK?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#LINK</a> Upwards <a href="https://t.co/DgbY58TwPt" rel="noopener noreferrer nofollow">https://t.co/DgbY58TwPt</a></p>
 <p>— Cryptolid.io (@Cryptolid_io) <a href="https://twitter.com/Cryptolid_io/status/1757447808364228685?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 13, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Others anticipate more gains for the Chainlink price, saying that it could sustain the uptrend. The token is up 16% since February 9. According to the analyst, it could breach the $21.00 resistance level soon, to bring $25.00 into focus.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Analysis suggests Chainlink (LINK) is poised to sustain its upward trajectory, having surged 16% since February 9, overtaking Dogecoin (DOGE) to claim 10th position in crypto market cap, with potential to breach $21 resistance and target $25, based on ascending parallel channel…</p>
 <p>— BitcoinWorld Media (@ItsBitcoinWorld) <a href="https://twitter.com/ItsBitcoinWorld/status/1757564915630461340?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 14, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="chainlink-price-prognosis-as-large-holders-drive-link">Chainlink Price Prognosis As Large Holders Drive LINK</h2>
<p>The Chainlink price is trading with a bullish bias after breaking a multi-month consolidation between $13.08 and $16.86. The token is confronting resistance due to the upper band of the Bollinger indicator at $21.70.</p>
<p>From a technical standpoint, the Chainlink price could drop considering the Relative Strength Index (RSI)is about to call a sell signal. This will be executed once it crosses below the signal line (yellow band).</p>
<p>If traders heed this call, the Chainlink price could drop, going as low as to test the centerline of the Bollinger indicator at $17.62. Below this, the altcoin could find support due to the $16.86 support, or in a dire case, extend a leg down to the lower band of the Bollinger indicator at $13.55.</p>
<p>In a dire case, the Chainlink price could revisit the bottom of its previous market range at $13.08, levels last tested on January 8.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/LINKUSDT_2024-02-14_14-32-57.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-480624 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/LINKUSDT_2024-02-14_14-32-57.png" alt="LINK" width="1273" height="540" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/LINKUSDT_2024-02-14_14-32-57.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/02/LINKUSDT_2024-02-14_14-32-57-300x127.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/LINKUSDT_2024-02-14_14-32-57-1024x434.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/LINKUSDT_2024-02-14_14-32-57-768x326.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"></a></p>
<p><a href="https://www.tradingview.com/x/jPolkBgP/" target="_blank" rel="noopener noreferrer nofollow">TradingView: LINK/USDT 1-day chart</a></p>
<p>However, it is impossible to ignore the fact that LINK bulls continue to maintain a strong presence in the market. The large volumes of green histogram bars of both the Moving Average Convergence Divergence (MACD) and the Awesome Oscillator (AO) show this. Beyond that, the MACD is still moving above its signal line (orange band), showing that the market is still leaning in favor of the upside.</p>
<p>If the bulls increase their buying pressure, the Chainlink price could push north, clearing the range high at $20.85. In a highly bullish case, the altcoin could extend the climb to the $24.00 psychological level. Such a move would constitute a climb of around 20% above current levels.</p>
<p>Meanwhile, many investors are looking at <a href="https://insidebitcoins.com/visit/sponge" target="_blank" rel="noopener noreferrer nofollow">Sponge V2</a>, a veteran in the meme coin sector that took the stage following the discontinuation of its forerunner, Sponge V1.</p>
<p><iframe title="Sponge V2 Presale Update - BUY NOW WITH MATIC" width="640" height="360" src="https://www.youtube.com/embed/Y6EJciJch5M?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-chainlink">Promising Alternative To Chainlink</h2>
<p>Sponge V2 is a formidable contender in the meme coin sector, with analysts saying it could&nbsp;<a href="https://www.linkedin.com/pulse/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle" target="_blank" rel="noopener noreferrer nofollow">record exponential gains</a> at launch. The token recently migrated to the SPONGE V2 Polygon version of the digital asset, a move that was accelerated because of a recent malicious attack on its liquidity pool.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📣 Attention, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGERS</a>!</p>
 <p>Here is some important information to remember about <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V2!<a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V1 has officially been discontinued, and V2 has been launched on <a href="https://twitter.com/hashtag/Polygon?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Polygon</a>! 🔥</p>
 <p>Learn more about the token details below 👇<a href="https://t.co/TCdxgXx40w" rel="noopener noreferrer nofollow">https://t.co/TCdxgXx40w</a></p>
 <p>🧵1/3 <a href="https://t.co/YZzXOlKmHY" rel="noopener noreferrer nofollow">pic.twitter.com/YZzXOlKmHY</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1754826966048657421?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 6, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Earning Sponge V2 is easy, particularly for Sponge V1 holders. All they need to do is stake their holdings. Investors who buy and stake the token now will receive a special V2 token bonus. The transition is achieved through a unique distribution mechanism, wherein Sponge V1 tokens are permanently locked in a staking contract.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📘 Visit our website and stake your <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> to be part of V2's TAKEOVER.</p>
 <p>Simple steps to significant rewards!</p>
 <p>GO GO GO! 🧽💦💦<a href="https://twitter.com/hashtag/CryptoStaking?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoStaking</a> <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://t.co/3TF0HZIT9k" rel="noopener noreferrer nofollow">pic.twitter.com/3TF0HZIT9k</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1747921841279094836?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 18, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>According to analyst and YouTuber Jacob Bury, Sponge V2 could record 100X gains at launch, like its predecessor, Sponge V1.</p>
<p><iframe title="Sponge Token V2 Deep Dive | How To Migrate V1 to V2 | P2E Game Coming | Link In Description" width="640" height="360" src="https://www.youtube.com/embed/G_x0VnpS9Oo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p>More than 8.281 billion SPONGE tokens have been staked for 195% staking rewards per annum. Staking helps reduce token supply by removing the tokens from circulation, thereby tilting the supply-demand dynamics in favor of demand. To acquire $SPONGEV2, the stake-to-bridge utility is the exclusive method, which distinguishes it from a standard presale.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Exciting news, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGERS</a>! 🧽🧽</p>
 <p>The <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V2 liquidity pool has now been locked!</p>
 <p>Click the link below for more details. 🚀<br>👉<a href="https://t.co/49B2LztcC8" rel="noopener noreferrer nofollow">https://t.co/49B2LztcC8</a><a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> <a href="https://twitter.com/hashtag/SPONGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGE</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/100x?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#100x</a> <a href="https://t.co/mVh8OT4982" rel="noopener noreferrer nofollow">pic.twitter.com/mVh8OT4982</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1755192216883179521?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 7, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Sponge V2 token will soon list on multiple exchanges. Before then, the&nbsp;staking function gives you amazing opportunities to earn passive income. Buy and stake Sponge V2 to start earning rewards today.</p>
<p>Visit the Sponge V2 website&nbsp;<a href="https://insidebitcoins.com/visit/sponge" target="_blank" rel="noopener noreferrer nofollow">here</a>.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/top-meme-coins-to-buy-for-the-upcoming-2024-bull-run-spongev2-smog-mk" rel="noopener noreferrer nofollow">Top Meme Coins to Buy For The Upcoming 2024 Bull Run – $SPONGEV2, $SMOG, $MK</a></li>
 <li><a href="https://insidebitcoins.com/news/sponge-migration-complete-will-it-reach-10x-100x-potential-on-polygon" rel="noopener noreferrer nofollow">$SPONGE Migration Complete – Will It Reach 10x, 100x Potential on Polygon?</a></li>
 <li><a href="https://insidebitcoins.com/news/sponge-meme-coin-launched-on-polygon-network-is-this-the-next-100x-token" rel="noopener noreferrer nofollow">$SPONGE Meme Coin Launched on Polygon Network – Is This The Next 100x Token?</a></li>
 <li><a href="https://insidebitcoins.com/news/top-meme-coin-surges-13-in-a-week-as-investors-gear-up-for-11-pm-sponge-v2-bridging-deadline-stake-now-time-is-running-out" rel="noopener noreferrer nofollow">Top Meme Coin Surges 13% In A Week As Investors Gear Up for 11 PM Sponge V2 Bridging Deadline – Stake Now, Time Is Running Out!</a></li>
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