Donald Trump enters the cryptocurrency market sparking media frenzy with his
$TRUMP meme coin, seeing skyrocketing values overnight, only for it to crash later. The
$TRUMP and
$Melania coins reached considerable market capitalisations before plummeting, as analysts herald a new 'era of memecoins'. Unsubstantiated rumours contributed to 'American Coin' spiking over 400% before collapsing, trading off perceived association with Trump. In parallel, the very real surge of
$LINK made headlines as
Chainlink records significant increases in value predicting a positive trajectory into the long-term future, especially with predictions of hitting $38 in January and possibly $50 by 2024. LINK, AAVE and other major cryptos witnessed surges paralleling, particularly after Trump's firm invested $1 Million in both LINK and AAVE. Additionally, Chainlink’s LINK Token reached 2021 highs after Trump-Backed World Liberty Financial’s major purchase. Overall, while the spectacle remains firmly on $TRUMP related drama, the undercurrents suggest substantial gains for LINK, amid general crypto bullishness and increased institutional demands.
LINK Coin News Analytics from Thu, 27 Jun 2024 07:00:00 GMT to Wed, 22 Jan 2025 18:43:00 GMT -
Rating 8
- Innovation 7
- Information 5
- Rumor -5
