As of now, several cryptocurrencies are landing attention and showing implicit for earnings. also are some of the most notable bones
1. Bitcoin( BTC) : Bitcoin remains the king of cryptocurrencies. Its request dominance and wide handover make it a go- to for multitudinous investors. Historically, BTC has proven to be a strong long- term investment.
2. Ethereum( ETH) : With the transition to Ethereum 2.0 and its smart contract capabilities, ETH continues to attract formulators and investors. The eventuality for DeFi and NFT growth further supports its value.
3. Solana( SOL) : Solana has gained popularity due to its fast trade faves and low freights. It’s getting a favored platform for DeFi and NFT systems, driving interest and investment.
4. Cardano( ADA) : Cardano focuses on sustainability and scalability. With ongoing development and a strong community, it remains a favorite for long- term investors.
5. Avalanche( AVAX) : Avalanche offers fast trade faves and scalability. Its unique agreement medium has attracted attention, particularly for DeFi systems.
6. Chainlink( LINK) : Chainlink provides vital data for smart contracts, connecting blockchains to real- world data. Its avail in the DeFi space has made it a strong contender.
7. Polygon( MATIC) : As a Caste 2 scaling result for Ethereum, Polygon is gaining traction for its capability to enhance trade faves and reduce costs, making it a popular choice for formulators.
Considerations :
1. Request Conditions : Always estimate the broader request trends. Cryptocurrency is largely changeable and can change swiftly.
2. Research : Stay streamlined with news, design developments, and community sentiment to make informed opinions.
3. Diversification : Avoid putting all your investments into one coin. Diversifying can help palliate risks.
Conclusion :
Investing in cryptocurrencies involves trouble, and while these coins show implicit, thorough disquisition and strategic planning are essential. Always consider your trouble forbearance and investment pretensions before diving in.
#BTC☀ #TrendingBinance #bestcointohold #Avax🔥🔥 #Chainlink's $BTC $ETH $SOL

$LINK
Despite the bullish sentiments among large token holders, LINK's price has continued its downtrend. However, technical indicators paint a different picture. Chainlink has been proactive in meeting the growing demand for tokenized assets through its current collaboration with Fidelity International and Signum to provide NAV data on-chain. This partnership aims to offer access to real-time data and better transparency. Despite these efforts, Chainlink’s price has been struggling for a long time, raising questions about investor interest. In the last 24 hours, LINK’s price has dropped over 8%, bringing the value down to $13.27. Over the past month, it has lost more than 24% of its value. LINK has been declining for three years, struggling to regain the all-time high of $52.88 set on May 10, 2021. The best performance in the last three years was during this March rally, where the LINK price surged to a maximum of $21.42, which is less than half of its ATH.


$30 Million Investment Fails To Lift LINK Price
Despite the ongoing decline, whale activity has been consistent with these tokens. Recently, 54 new wallets holding $30 million worth of LINK tokens were created. According to Lookonchain reports, these wallets have withdrawn $2.08 million LINK ($40.28 million) from the centralized exchange Binance over a week. As LINK’s price declined, these large holders, who had not moved their holdings for weeks, snapped up the tokens recently. "This mysterious whale continues to accumulate $LINK ! They have accumulated a total of 4,556,684 $LINK ($83.6M) from #Binance via 55 fresh wallets in the past 5 days," Lookonchain tweeted on February 10, 2024. Despite strong sentiments from large investors leading to a slight recovery on July 2, where the price surged to $14.66 before entering another correction, there is strong interest from institutional investors due to Chainlink’s increasing role in blockchain interoperability.
What Do Technical Indicators Say About Recovery?
Overall, LINK is in a complete selling zone, with technical indicators like the Relative Strength Index (RSI), MACD (12,26), Highs/Lows (14), Bull/Bear Power (13), and others favoring the ongoing decline. However, a few analysts have noted the presence of a golden crossover in the hourly charts, which is a minor bullish signal among investors. Nevertheless, the presence of higher short sellers among buyers cannot be ignored, as the recovery might end abruptly. The current LINK price is close to the support point at $13.25. If the price drops below this point, the token might continue to decline. Conversely, if the price bounces back before touching the support, the next resistance lies at $14.27, which could push the price further. Some analysts have suggested that the price might recover to $16 in the upcoming days. Chainlink has built a strong reputation due to its increasing adoption and continuous upgrades, leading analysts to be optimistic about its long-term performance despite the current drop. Michaël van de Poppe, a well-known crypto analyst, has noted recurring patterns in LINK’s price charts, suggesting that the first six months are downward, followed by a bull market, indicating that good days might be ahead as we are now in the second half.
#link #links #Chainlink's

Evaluating a cryptocurrency before buying it involves considering several key factors. Here are some of the main ways to evaluate a cryptocurrency:

1. Technology and Use Case:
Whitepaper: Analyze the project's whitepaper to understand its purpose, technology, and roadmap.Innovation: Look at the underlying technology and its uniqueness or improvement over existing solutions.Use Case: Assess the real-world problem the cryptocurrency aims to solve and its potential market.Ethereum (ETH): Known for its smart contract functionality, enabling decentralized applications (dApps).

2. Team and Development:
Team: Research the team’s background, experience, and credibility.Development Activity: Check the frequency and quality of updates on platforms like GitHub.Cardano ($ADA ): Founded by Charles Hoskinson, co-founder of Ethereum, with a strong emphasis on peer-reviewed research and development.

3. Community and Adoption:
Community Support: Evaluate the size and engagement level of the community on social media and forums.Adoption: Look at the partnerships, collaborations, and real-world usage of the cryptocurrency.Dogecoin ($DOGE ): Has a large and enthusiastic community, leading to widespread recognition and use in tipping and charitable donations.

4. Market Performance and Liquidity:
Market Capitalization: Consider the market cap as an indicator of the cryptocurrency’s size and stability.Liquidity: Ensure there is enough trading volume to enter and exit positions without significant price changes.Historical Performance: Analyze past price trends and volatility.Bitcoin ($BTC ): The most liquid cryptocurrency with the highest market capitalization, widely accepted and traded globally.

5. Security and Regulation:
Security: Review the security measures and history of any breaches or vulnerabilities.Regulation: Understand the regulatory environment and compliance status of the cryptocurrency.Monero ($XMR): Known for its strong focus on privacy and security, though this also attracts regulatory scrutiny.

6. Tokenomics:
Supply and Distribution: Examine the total supply, circulating supply, and how tokens are distributed.Incentives: Look at how the cryptocurrency incentivizes users, miners, or validators.Binance Coin (BNB): Has a deflationary token model with regular burns and various uses within the Binance ecosystem.
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7. Competitors and Market Position:
Competitors: Identify direct and indirect competitors and evaluate the cryptocurrency’s competitive advantage.Market Position: Consider its position in the market relative to competitors.Polkadot (DOT): Competes with other interoperability-focused projects like Cosmos (ATOM) but has a unique parachain model.

8. Partnerships and Ecosystem:
Partnerships: Investigate strategic partnerships and collaborations.Ecosystem: Evaluate the broader ecosystem, including supporting projects and infrastructure.Chainlink (LINK): Has numerous partnerships with other blockchain projects and traditional enterprises to provide reliable oracle services.

9. Legal and Ethical Considerations:
Legal Issues: Be aware of any ongoing or potential legal issues$$$.Ethical Considerations: Consider the ethical implications and the transparency of the project.Ripple (XRP): Has faced legal challenges with the SEC, which significantly impacts its evaluation.

10. User Experience:
Ease of Use: Assess the user-friendliness of the cryptocurrency’s wallet, platform, and overall user interface.Support: Evaluate the quality and availability of customer support.Litecoin (LTC): Known for faster transaction times compared to Bitcoin, often considered a user-friendly alternative for everyday transactions.

By thoroughly examining these aspects, you can make a more informed decision when considering whether to invest in a particular cryptocurrency.

#BinanceSquareFamily #Crypto_Jobs🎯 #Chainlink's #BTC☀

Following the recent crash under $10, the slow recovery from Chainlink as the market rebounds warns of significant downside risk. Will the bearish trend in LINK extend below $7?

Read more on: https://thecryptobasic.com/2024/08/08/will-the-chainlink-crack-below-10-push-prices-to-7/
#Chainlink's #Crypto #Cryptoprediction #CryptoNewsCommunity #CryptoNews🚀🔥V

Chainlink price retracted 5% on Thursday, June 20, 2024, as bulls failed to build on the 10% rebound recorded 48 hours prior; on-chain data shows that whale investors offloading behind the scenes could be behind the latest pull-back. 

Read more on: https://thecryptobasic.com/2024/06/22/chainlink-price-forecast-link-whales-offload-40m-after-sec-drops-charges-against-ethereum/
#Chainlink's #LINKS #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V

In the rapidly evolving landscape of blockchain technology, few names stand as tall as Link. Launched in 2017, Link has swiftly emerged as a cornerstone of the decentralized finance (DeFi) ecosystem and the broader Web3 movement. While many are familiar with its role as a decentralized oracle network, Link’s true impact on the future of digital innovation is just beginning to unfold.
The Backbone of Trust
At its core, Link solves a fundamental problem in the blockchain world: the need for reliable, real-world data in smart contracts. Smart contracts, the self-executing agreements that run on blockchains, are only as good as the data they can access. However, blockchains are inherently isolated systems, unable to directly interact with the outside world. Link bridges this gap by providing tamper-proof, verifiable data from off-chain sources to on-chain smart contracts.
This might sound technical, but the implications are profound. Without a trusted oracle like Link, smart contracts would be confined to simplistic, self-contained applications. By enabling smart contracts to securely interact with external data—whether that’s financial market prices, weather data, or even sports results—Link unlocks a universe of possibilities, making decentralized applications (dApps) more functional and impactful than ever before.
More Than Just an Oracle Network
But to pigeonhole Link as just an oracle provider would be to overlook its broader ambitions. Link is positioning itself as the backbone of a new, decentralized internet—often referred to as Web3. This next-generation internet aims to wrest control away from centralized entities and give power back to users, allowing them to own and monetize their data, participate in decentralized governance, and interact with digital assets in new and innovative ways.
Link’s unique architecture supports this vision by ensuring that data remains trustworthy and decentralized. For instance, its Verifiable Random Function (VRF) provides cryptographic proof of randomness for applications like gaming and lotteries, where unpredictability is crucial. Link’s Proof of Reserve feeds, on the other hand, offer real-time audits of asset-backed tokens, adding a layer of transparency and trust to the burgeoning world of decentralized finance.
A Growing Ecosystem
Link’s reach extends far beyond the Ethereum blockchain where it initially gained prominence. The network has integrated with multiple blockchains, including Polkadot, Binance Smart Chain, and Avalanche, among others. This cross-chain compatibility is critical as the blockchain ecosystem becomes increasingly interconnected. Link is not just a service provider but a keystone in the multi-chain future.
Furthermore, Link’s decentralized oracle network (DON) model allows developers to create custom oracles tailored to specific use cases. This flexibility has led to a surge in adoption across various industries, from insurance to supply chain management, where reliable data feeds are essential.
The Future of Link: Beyond Data
Looking ahead, Link is poised to expand its influence even further. The launch of Link 2.0 promises to enhance the network’s scalability and introduce new functionalities, such as hybrid smart contracts that combine on-chain and off-chain computation. This evolution will enable even more sophisticated decentralized applications, pushing the boundaries of what’s possible in the blockchain space.
Moreover, Link is exploring the concept of decentralized identity (DID), which could revolutionize how we manage personal data in the digital age. By leveraging Link’s secure data oracles, individuals could gain full control over their digital identities, deciding who can access their information and under what conditions—a radical departure from the current model dominated by tech giants.
Conclusion: Link’s Vision for the Web3 Future
Link is more than just a tool for developers—it’s a vision for a decentralized future. By providing reliable, decentralized data to smart contracts, Link is empowering a new generation of digital innovation. As the Web3 movement gathers momentum, Link’s role as the infrastructure behind trust, transparency, and decentralization will only become more vital.
In an era where data is the new oil, Link is the well from which the decentralized world will draw. As we stand on the brink of a new digital revolution, Link’s technology is not just a part of the future—it is shaping it.
#LINK🔥🔥🔥 #ChainlinkUpdate #Chainlink's #BTC☀ #Write2Earn! $LINK

The post "Top Shiba Inu Holders Signal Bullish Sentiment with Reduced Exchange Holdings" first appeared on 36crypto.com News.
Santiment, a leading blockchain analytics firm, reports a significant trend among the largest #ShibaInu holders. The top ten wallets notably reduced their coins from cryptocurrency exchanges, indicating medium- and long-term investment strategies and, as a result, an optimistic prognosis for the popular meme token.

Such a condition indicates that these whales will permanently maintain their Shiba Inu coins, a favorable sign for bullish traders. Since May 27, the overall number of Shiba Inu in the ten largest Shiba Inu wallets has decreased by 2.4%. This move demonstrates that the holder of the digital asset has high hopes for the total future Shiba Inu price and follows the bullish trend from the investors.
Similar Patterns Observed in Chainlink and Ethereum Holdings
The same has been witnessed in other cryptocurrencies, with Shad or Tez delegated tokens achieving this feat sometime back. According to Santiment, the same is true for others, such as #Chainlink's (LINK) and #Ethereum (ETH), where the top 10 wallets have also decreased their exchange supply. For LINK, the decrease since May 27 is 2.9%, while ETH is a significant 8.6%. These reductions suggest that top holders are transferring their assets to private wallets for long-term holding, reflecting increased confidence in the future prices of these digital assets.
However, in the last seven days, there has been a dip in SHIB, ETH, and LINK prices despite the positive indications of the bulls. The reduction in SHIB was as follows: based on the statistics from Coinstats, the coin lost 15.1%, ETH by 8.2%, and LINK by 11.9%. In the last month, the price drop for SHIB was 7.6%, while ETH and LINK were up by 20.6% and 18. 4%, respectively. These performance metrics suggest that, despite short-term volatility, there are expectations of potential gains for ETH and LINK in the future.
Increased Shiba Inu Burns Could Boost Demand
Also, the burn rate of #SHIB is increasing, which means there is a good chance the demand for the second-largest memecoin by market cap is about to increase. A higher turnover in the burning of SHIB tokens also reduces the tiring supply, which, if complemented by high demand, could see an uptick in its value.
In conclusion, a decrease in the SHIB supply on exchanges by large addresses combined with the same processes concerning Chainlink and Ethereum indicates that the well-known coins have higher chances of price increase. The shift from short-term positions also points to a growing optimism regarding the long-run prospects of these digital assets. Other burn events continue to rise, particularly the newly launched Shiba Inu, indicating an increasing demand and value.