Why invest in a gaming token , when you can invest in a studio or a gaming platform that can give you 100s of games
It is hard to pick one gaming token out of 1000s out there , which one will explode , not that is hard fetched pick!!!
Studio are the IN.
What Is Beam? (Beam)?
The $BEAM token serves as the native crypto asset for the Beam network, a gaming network empowered by the Merit Circle DAO. Beam is an ecosystem where gamers and developers come together to shape the future of the gaming industry. One of its core components is the Beam SDK, which is a flexible software development kit that enables game developers to choose between a variety of tools that can be used to fuel and structure their in-game blockchain element
And there you go , about to miss on the train !!! $LINK $PHB $BEAMX
An Oracle An AI And A Gaming GEM !!! Not forgetting the best of all with highest potential due to the biggest partenrships such as ( NVIDIA and APPLE !!!! ) $RNDR
But what other cryptocurrency should you invest in for this bullrun ??
AI , GAMING and RWA sectors are very bullish
My All time Fav with very bullish signs are the following
$RNDR
What is RNDR? RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out
Recently migrated to SOLANA !! And backed up by NVIDIA for using their GPUS for redering
$LINK King of RWA
What Is Chainlink (LINK)?
Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
$BEAMX
The $BEAM token serves as the native crypto asset for the Beam network, a gaming network empowered by the Merit Circle DAO. Beam is an ecosystem where gamers and developers come together to shape the future of the gaming industry. One of its core components is the Beam SDK, which is a flexible software development kit that enables game developers to choose between a variety of tools that can be used to fuel and structure their in-game blockchain element
$GALA
Gala is a web3 ecosystem powered by a layer-1 blockchain (GalaChain) built to power the Gala entertainment ecosystem that originally included Gala Games, Gala Music and Gala Film. More recently however, GalaChain has opened its doors to external developers and projects from any applicable industry, providing open source developer resources to simplify the process.
$RIO
The Realio platform describes itself as an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and cryptoassets.It aims to combine access to a 100% on-chain decentrentralized
This chart shows is it all !! $LINK will be claiming 22$ in no time ! ARE YOU READY THO?
Chainlink is anticipating a major rally after a long accumalation phase .
The RWA king as i like to call it , has been holding very strong amidst this dump in the market !!
1D chart is looking very bullish with no signs of stopping.
Historically , funds move from $BTC Bitcoin to $LINK After every rally , this is how big investors work to maximize their profits.
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ItsCryptoBasic
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Chainlink (LINK) Experiences 7.5% Price Surge Anticipating a Major Rally
Chainlink on-chain data flashes signs of growth as the number of active addresses within the Chainlink network has increased from 2,900 on May 18 to 11,300 on May 21. LINK costs $22. Oracle service provider Chainlink has largely decoupled from the broader market correction, up more than 6% in the past 24 hours. As of press time, Chainlink (LINK) is trading near its key resistance of $17.5 and its market cap has surpassed $10.1 billion. Additionally, the daily trading volume for LINK has also increased by 80% to $858 million. Chainlink On-Chain Data Flashes Bullish Signal According to insights from on-chain data provider Santiment, Chainlink (LINK) has emerged as one of the top performers in the cryptocurrency market, crossing the $17.50 mark for the first time in six weeks. Today’s on-chain analysis reveals a striking trend: for every one Chainlink transaction recorded in a loss, there are 11 transactions showing a profit. This remarkable ratio marks the highest level observed since December 8, 2022, indicating a strong bullish sentiment around Chainlink’s recent price movements. This Breakout Can Trigger Major Surge for LINK Price The current Chainlink price is facing resistance due to the daily bearish order block, where key market participants have historically placed sell orders at $17.58. This resistance level coincides with the weekly resistance barrier at $16.48. A failure by buyers to push LINK’s price higher could potentially trigger a pullback. In such a case, an analysis of the Volume Profile indicator shows that a significant volume of trade has taken place around $14.62, indicating a possible support for the expected correction. Notably, this level closely aligns with the 61.8% Fibonacci retracement level, offering an attractive accumulation zone for a possible second bullish leg. A recent surge in bullish sentiment following the approval of the Ethereum Spot ETF has fueled optimism. If Chainlink finds support near $14.62, it could signal an 18% rally to retest the $17.58 daily order block. In an extremely optimistic scenario, a successful breach of this resistance level could push the price of Chainlink to $22, marking a cumulative gain of 50%, amid the Chainlink Wheel rally. Even with strong technical analysis and on-chain data supporting Chainlink’s potential, a weekly candlestick below $13.59 would negate the bullish outlook by forming a low on a higher time frame. Such a scenario could result in a 13% drop in LINK’s price, potentially leading it to a key support level at $11.80. Additionally, on-chain data also shows improvements for Chainlink. The number of active addresses within the Chainlink network has grown significantly, increasing from 2,900 on May 18 to 11,300 on May 21. This remarkable increase indicates the growing demand for the Chainlink platform. #ChainlinkUpdate #cryptupdates #newsdaily $LINK
Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts. With many trusted partners, Chainlink is one of the major players in the data processing field. Due to the integration of off-chain data, Chainlink has attracted the attention of numerous trusted data providers, including Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have.
Bow ADD blackrock as a partner , sky is the limit with tokenizing real assests , that is 100s of millions flowing into chainlink that still has only 9 billion in market cap!
If you want to compare that with lets say solana's market cap ... that would be an easy 9x from here. Just imagine the profit on that. And a 5x for its all time high. 🚀🚀🚀🚀
Everyone is looking for the next big thing and it is right here on #Binance .
$PHB supply and market cap had alot of Similarty to $AR ARWEAVE, that we spoke about here when it was around 8$ before it explodes to 50$
Now ...
What is Phoenix? Phoenix is a Layer 1 and Layer 2 blockchain infrastructure, empowering intelligent Web3 applications, focusing on the next generation of AI & Privacy-Enabled Web3 Apps. Phoenix (PHB) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform.
How Many Coins Are There in Circulation? Phoenix is 100% fully distributed. As of Nov 2, 2021 there were 37.2 million coins in circulation.
Inflation policy: The protocols inflationary policy is currently set at 10% annually.
Imagine an inflation of 10% on low supply that is in millions already.
If that is not Bullish !
$PHB up 15% for tye past 24 hours and around 180% the past 12 months ... the potential on that with a 150 millions in MaRketCap only. A 10x 20x. ? There is even room for more
Altho $GALA suffered a breach !! It is a project that i am still bullish on.
Gala Games suffers $200m security incident over ‘internal controls’
Blockchain gaming platform Gala Games has seemingly suffered a security breach, resulting in the loss of more than 4 billion GALA tokens.
Gala Games, a blockchain gaming startup that Zynga co-founder Eric Schiermeyer helped create, suffered a multi-million dollar “security incident” involving GALA tokens, the firm said in an X post on May 21. The security incident involving the $GALA token has been contained and the impacted wallet has been frozen.
This was an isolated incident, the cause of which has been addressed and we are working closely with law enforcement to investigate the individuals behind the breach.… — Gala Games (@GoGalaGames) May 21, 2024 According to the announcement, the impacted wallet “has been frozen,” although it’s not clear exactly what was the root cause of the breach.
“This was an isolated incident, the cause of which has been addressed and we are working closely with law enforcement to investigate the individuals behind the breach.” Gala Games
In the above chart, Render Token (RNDR) laid out an ascending channel pattern. An ascending channel is the price action contained between upward-sloping parallel lines. Higher highs and higher lows characterise this price pattern. An ascending channel is used to show an uptrend in a security’s price. Ascending channels are short-term bullish in that a stock moves higher within an ascending channel, but these patterns often form within longer-term downtrends as continuation patterns.
At the time of analysis, the price of Render Token (RNDR) was recorded at $10.66 If the pattern trend continues, then the price of RNDR might reach the resistance levels of $13.838, and $15.
Conclusion
If Render Token (RNDR) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Render Token (RNDR) price prediction for 2024 is $40.686.
According to crypto analyst ( Daan Crypto Trades) , Chainlink decisively breached a critical resistance zone represented by the green horizontal region on the chart. He tweeted: “$LINK One of the strongest performers this week. Broke back above the Daily 200MA and high volume area. Last area of defense here at the green horizontal region. Flipping that should lead back to the $20s after I’d say.” $LINK One of the strongest performers this week.
Broke back above the Daily 200MA and high volume area.
Last area of defense here at the green horizontal region. Flipping that should lead back to the $20s after I'd say
Moreover, Daan Crypto Trades highlighted Chainlink’s tendency to rally sharply before the broader market follows suit. “The $TOTAL Crypto Market Cap being led by $LINK . Two times before this cycle, LINK has led the overall market with a strong push. Good omen?” he questioned, implying that Chainlink’s current upswing could signal an imminent broader market recovery.
My thoughts !! Only two tokens showing strong momentum at the time being with a big hype behind them $LINK and $RNDR Render collaboration with Oracle over on Apple just hit the media very recent, that is some serious bullish move , not forgetting facilitating rendering for BLENDER on recent news as well.
Chainlink with recent news on tokenizing real world assets in collaboration with JP MORGAN ( as i meantioned before people forget that link is the Real deal when it comes to RWA tokens )