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Home»TRADING NEWS»Chainlink Price Prediction – Is $LINK a Good Buy or Will $99BTC Offer Better Returns in 2024?
TRADING NEWS

Chainlink Price Prediction – Is $LINK a Good Buy or Will $99BTC Offer Better Returns in 2024?

By Crypto FlexsMay 19, 20245 Mins Read
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Chainlink Price Prediction – Is $LINK a Good Buy or Will BTC Offer Better Returns in 2024?
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With Bitcoin’s rise, the price of $LINK recovered from $13.26, achieving a notable 22% gain over the past week to surpass $16.

The recent market recovery has had a significant impact on Chainlink’s market capitalization, rising 1.30% in just 24 hours to rank 15th on CoinMarketCap. Chainlink is experiencing several positive developments, indicating strong optimistic sentiment among investors and traders.

The project has partnered with some of the world’s largest financial institutions, highlighting its promising future and the potential for prices to skyrocket at any time.

Chainlink partners with global financial giant to transform capital markets

Chainlink is a blockchain-based cryptocurrency network that bridges the gap between the real world and smart contracts. By creating multiple subcontracts within Chainlink, we can ensure the highest accuracy by pulling data from only the most trusted nodes and oracles.

$LINK is the native token used to pay for services on the Chainlink network and can be traded for traditional or other digital currencies. Major global financial firms have partnered with Chainlink to transform capital markets to blockchain and access the tokenized asset economy.

In an

We are excited to share the results of our new Smart NAV industry pilot. @The_DTCCHere are 10 of the world’s largest financial institutions that have provided Chainlink and major mutual fund data on-chain.

Full report: https://t.co/ob3K0s4g86

The importance of fund tokenization 🧵 pic.twitter.com/74zocXa2s0

— Chainlink (@chainlink) May 16, 2024

$LINK Cryptocurrency Price Prediction

Chainlink’s current price is $16.45, with a 24-hour trading volume of $830.46 million and a market cap of $9.66 billion. The price of $LINK is up 1.22%. If the bullish trend continues, $LINK may reach resistance levels of $17.55 and $18.01.

Conversely, if the trend reverses, the price may fall to the support levels of $15.85 and $13.09. Chainlink is currently trading above its 200-day simple moving average (SMA) of $15.89. The bullish forecast for $LINK in 2024 is $28.80, while the bearish forecast is $11.50 if negative sentiment prevails.

Check out the video above for a comprehensive analysis of Chainlink’s price prediction and subscribe to his YouTube channel. You can also join Jacob Crypto Bury’s Discord channel to get valuable trading insights and information on upcoming cryptocurrency presales.

99Why Bitcoins Could Surpass Chainlink in 2024

If Chainlink proves to be a strong investment in 2024, it could be a good year for the cryptocurrency. However, there is significant potential in cryptocurrency pre-sales such as 99Bitcoins, a new ‘Learn-to-Earn’ cryptocurrency.

The platform allows both cryptocurrency beginners and seasoned Web3 enthusiasts to improve their cryptocurrency knowledge by covering a variety of topics, from blockchain basics to trading signals and strategies.

By participating in various educational materials, participants will have the opportunity to earn $99BTC tokens and increase their standing within the network.

The platform expands 99Bitcoins’ educational legacy by introducing a token-based ecosystem tailored to reward individuals for expanding their understanding of cryptocurrencies.

Offering a mix of educational materials and incentivized learning, 99Bitcoins tokens and platform are suitable for both beginners and experienced cryptocurrency enthusiasts.

The course syllabus covers a wide range of topics, from basic blockchain concepts to trading insights, strategies, and the latest developments in the cryptocurrency space.

Instead of traditional lectures and textbooks, users can interact with dynamic learning modules, quizzes, and tutorials to increase their 99Bitcoins status and earn $99BTC tokens as they progress.

The bigger the screen, the better. #transaction. 🤫 #99Bitcoin #bybit #Cryptocurrency pic.twitter.com/gGvsmB60RR

— 99Bitcoins (@99BitcoinsHQ) May 18, 2024

Holders of $99BTC tokens can enjoy a variety of perks, including staking incentives, access to additional educational programs, exclusive trading webinars, curated cryptocurrency trading signals and strategies, VIP community forum membership, and more.

These supplementary features aim to provide token holders with a comprehensive educational framework and support environment to improve their cryptocurrency insights and trading capabilities. The excitement surrounding the ‘Learn-to-Earn’ approach led to a successful pre-sale phase for 99Bitcoins.

As of the latest update, the initiative has raised $1.2 million in funding from investors eager to get involved in the early stages of the project. Those who opt for the pre-sale opportunity can score $99BTC tokens at $0.00105 each. However, this initial price will gradually increase as the pre-sale progresses through designated stages.

The main motivation for the initial investment lies in the staking mechanism associated with the 99Bitcoins token. Investors who acquire $99BTC during the pre-sale period can immediately participate in token staking to receive rewards immediately after purchase.

The current annual return is 1,172%, and there are already over $929 million worth of 99BTC tokens staked. It is worth noting that these returns decrease over time as more $99BTC tokens are staked.

For more information about the 99Bitcoins pre-sale, follow their X account (formerly Twitter) and join their Telegram channel. To participate in the $99BTC token presale, visit presale.99bitcoins.com.

Related

  • Top Cryptocurrency Gainers Today May 17th – Chainlink, Sui Crypto, Conflux, Fantom
  • Next cryptocurrencies set to explode on Friday May 17th — Chainlink, Arweave, Biconomy, Telcoin
  • Chainlink Price Prediction: LINK Is Top Gainer With 17% Rise As Analysts Say Cryptocurrency Returns 100X.
  • May 5 6 Best Altcoins to Invest in Now – Chainlink, Avalanche, Sei, Arweave

99Bitcoins (99BTC) – Learn how to earn new tokens

99Bitcoin
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  • Established brand – founded in 2013
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