When the bull market hits in the second half of the year, the potential coins will skyrocket 100 times!
With the return of DeFi and the growth of tokenization of real-world assets, oracle machines have become increasingly important.
They link the blockchain to data from the outside world (such as stock or cryptocurrency prices, sports scores, or house values). So far, the leading oracle is Chainlink.
When tokenizing assets, LINK data feeds are essential for correct pricing. They can be pre-programmed into new smart contracts or easily added to existing contracts.
You can even automate your smart contracts so that they run flawlessly and are decentralized and trustless. These features are crucial for early adopters of cryptocurrencies.
Chainlink is a perfect combination of popular categories (tokenization of real-world assets) and leaders.
Popular narratives always perform better in the cryptocurrency space, and projects that lead those narratives perform better.
WIF coins are currently sitting at a minor support level. Market analysis suggests that they may ambush some of the spot products first.
A price of 1.35 can be considered for positioning, and the target price is set at 1.68. This shows that the market believes that WIF coin has room to rise, and it is recommended that investors enter the market at the right time.
PEPE fluctuated between $0.00000508 and $0.00001112 due to market fluctuations. PEPE showed resilience despite the 24% to 30% drop in Bitcoin and Ethereum prices.
The current decline could be a good entry point for buyers. PEPE’s RSI is as low as 25.26, indicating that it has been oversold and may be ready to make a comeback.
If longs take the lead, PEPE could rally to the most recent resistance level of $0.00001413, around 125% above the current low.
If the bears continue to dominate, the token could test the nearest support level at $0.00000465.
For those paying attention to this meme coin, the next few days will be exciting.
