Bitcoin has been displaying a volatile performance, initially bouncing above $62K before quickly fading. However, it ended September with a positive note, setting the stage for 'Uptober'. Among the altcoins,
Chainlink (LINK), ADA, and XRP suffered losses during October. Historically, we see that
Smart Money Investors are accumulating Chainlink, suggesting an imminent LINK price rally. Chainlink price predictions range from 2024 to 2050, indicating a bullish potential. In other news, Robinhood Crypto has launched crypto transfers for European users, a move that might boost its adoption.
Coinbase predicts a strong Q4 performance for Bitcoin, thanks to US rate cuts and China stimulus. Despite this, Bitcoin mining profitability fell for a third straight month. Memecoins have been rallying as well, with Moo Deng nearly doubling in price in a day. It has been suggested that the
Chainlink price could potentially surpass BTC and ETH by 2025. Chainlink price is speculated to hit a 6 week high with the possibility of reaching $20 in the future. As
QED and Nexus aim to bring smart contracts to Dogecoin, Chainlink validators are preparing for Hamster Kombat coin minting. This is huge for LINK as DTCC, Chainlink completed a pilot to accelerate fund tokenization with global financial institutions. All these activities are indicative of a possible altseason.
LINK Coin News Analytics from Thu, 02 May 2024 07:00:00 GMT to Wed, 02 Oct 2024 19:39:00 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor -2
