In recent weeks, Chainlink (LINK) has lagged significantly behind other altcoins in growth rates, many of which have reached new all-time highs. Meanwhile, BlockDAG has become the fastest presale in the market.
Will Chainlink (LINK) Stay Above $20?
Between February 6 and March 4, Chainlink’s inactive supply increased from 257,000 to 714,000. This signals bullish sentiment among investors who are choosing to accumulate assets instead of selling them at current prices.
However, on March 6, the situation changed dramatically: the volume of inactive supply fell sharply by 87.68% from 570,000 to 70,200. Moreover, this rapid drop indicates that a significant part of LINK, which was inactive and did not participate in any transactions for more than six months, was suddenly mobilized. With Chainlink showing disappointing performance, long-term holders may want to sell their tokens to ensure they have enough liquidity to seek out better opportunities in the market.
Chainlink Price Prediction
The Global In/Out of Money chart shows that 67.16% of LINK holders are currently in profit, 3.13% are at the break-even point, and 29.71% are in loss.
Notably, Chainlink has established a strong support zone between $15 and $18.50. On the other hand, If the price falls into this range, buying activity may increase as current holders will be inclined to purchase more tokens to average out the entry price and new investors will see an attractive opportunity to go long.
BlockDAG: Guiding the 2024 Bull Rally
Before cryptocurrency coins are introduced to the public markets, discerning investors who monitor the presale markets typically assess such a project. However, BlockDAG has been one of the finest cryptocurrency presales in 2024. The Kaspa-inspired BlockDAG, which has suddenly become the delight of crypto enthusiasts, has been living up to the buzz, recording milestone after milestone—and recently, it made a significant advancement on its DAG protocol. BlockDAG’s distinctive selling propositions, including low energy consumption and robust security, are prioritized by BlockDAG’s algorithms.
Moreover, BlockDAG has vended over 3000 of its X-series environmentally friendly mining equipment. The project has grown remarkably to $0.05, with investors who procured BDAG at its previous price of $0.0015 realizing a 50% profit. There’s now an immense 3233% return on investment potential, and investors who comprehend market dynamics are capitalizing on its next price surge. The optimal time to acquire BDAG is now as the price of each new batch is slated to ascend gradually.
BlockDAG Becoming Fastest-Selling Presale
For those contemplating an investment, BlockDAG presents a noteworthy opportunity with a foreseen post-launch ROI of approximately 3233% for investors who purchase BDAG at the current price of $0.0015. As the price escalates with each successive batch, the prime time to acquire BDAG is now, before the project progresses to its subsequent presale.
In response to the overwhelming early investor interest, BlockDAG has declared a $2 million mega giveaway distributed among 50 fortunate community members. To engage in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, enhance your chances by completing all quests, and bring companions for supplementary entries!
