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Chainlink Explodes After Years of Waiting, Will It Grow More or Is It Better to Focus on This New Crypto?

by BSCN

February 6, 2024

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With $5 million already amassed in the presale, ScapesMania's disruptive growth offers an enticing alternative for savvy investors.

Chainlink (LINK) has seen a remarkable price surge, driven by aggressive accumulation by whales and institutions, as reported by Spot On Chain. A series of transactions on BNB saw 227,350 Chainlink (LINK), worth about $4.12 million, moved to eight new wallets, indicating a targeted strategy to accumulate Chainlink (LINK). This activity occurred just before Chainlink (LINK) price jumped by about 7%, marking a 35% increase over the past week and adding $3.5 billion to Chainlink (LINK) market value. This surge has sparked interest in Chainlink (LINK) potential market influence and future trajectory, as it aims for a top 10 spot among cryptocurrencies. 

As Chainlink (LINK) explodes after years of waiting, the market watches eagerly to see if this momentum will continue or if attention should shift towards new and emerging cryptocurrencies that might offer similar explosive growth potential.

ScapesMania: Public Sale Rush!

After a successful presale with over $5 million amassed, ScapesMania is set for its public sale. The CEO announced the Token Generation Event (TGE) in March during a recent AMA session.

The live public sale is exclusive to the ScapesMania website, with no intermediaries involved. In this brisk public sale, only 80 million tokens worth $720,000 are available, and they are set to sell out fast. 

Join now for a shot at early success before ScapesMania’s major debut.

>>> Enter the Live Public Sale on the Official Website! <<<

ScapesMania's Growth Highlights

Behind ScapesMania's success is a seasoned team with a strong post-listing marketing plan prepared. The project has already secured top spots on presale trackers, gaining support from crypto influencers.

Holding ScapesMania tokens is all about active engagement, offering benefits like token buyback, burn, staking, extra bonuses, and referral rewards.

The emphasis on long-term value and practical application sets ScapesMania apart from any crypto fads.

Safety is paramount – BlockSAFU audited ScapesMania's smart contract. With the support of the 2023 BNB Grant-winning developer, success is on the horizon.

The social media community around the project is thriving, with 60,000+ followers and counting.

Seize the Moment!

With a limited Public Sale pool, $MANIA tokens are disappearing swiftly. Get involved now, before ScapesMania takes the spotlight on popular exchanges. 

The clock is ticking – don't let this golden opportunity slip away!

If you’re already on board with everything that ScapesMania has to offer, there’s a unique opportunity for you: a special offered code, WXZ978. The limited-time offer is only valid for a limited time since the article’s publication. It’s your best chance to get a bonus of 10% after entering WXZ978 in a special field at checkout, so act fast, the clock is ticking.

Chainlink (LINK) Sees Parabolic Price Surge as Whales and Institutions Aggressively Accumulate

In an exhilarating development for the cryptocurrency market, Chainlink (LINK) has witnessed a remarkable price surge, attributed to aggressive accumulation by whales and institutions. Reports from Spot On Chain reveal a series of massive transactions on BNB, where a staggering 227,350 Chainlink (LINK), valued at approximately $4.12 million and averaging $18.1 per LINK, were withdrawn across eight new wallets. This strategic move has sparked a bullish sentiment across the market, propelling Chainlink (LINK) price from $18.15 to an impressive $19.42, marking a 35% increase over the past week.

The cryptocurrency's market cap saw a significant boost, adding $3.5 billion in just one week, positioning Chainlink (LINK) as a heavyweight contender in the crypto arena. This surge in price and market cap has not only caught the attention of investors but also set a bullish tone for Chainlink (LINK) trading session.

Adding to the excitement, analysts suggest that Chainlink (LINK) is poised for a potential 38% rally if it manages to break through a critical resistance level. Currently facing formidable resistance between $19.40 and $20.03, Chainlink (LINK) could see its price soar to $26.87 if it overcomes this hurdle. This optimistic outlook is supported by a surge in trading volume and an increase in circulating market cap, indicating a growing interest from investors.

The recent activities suggest a strategic accumulation of Chainlink (LINK) tokens by institutions, anticipating future price appreciation. This pattern of withdrawal from centralized exchanges just before a price surge underscores the potential influence of institutional investors on the market.

Technical analysis highlights Chainlink (LINK) positive outlook, with a current score of 1.83 and a green signal on low time frames. The recent breakthrough from the 200-week moving average (200WMA) indicates a shift in market sentiment and a potential upward trend for Chainlink (LINK).

Conclusion

As Chainlink (LINK) continues to make significant strides, the aggressive accumulation by whales and institutions, coupled with a technical breakout, points to growing confidence in Chainlink (LINK) investment potential. Investors and market watchers are keenly observing Chainlink (LINK) trajectory, anticipating further gains as it targets new resistance levels. 

Despite the fact that this coin is very impressive, more and more market players are turning their attention to ScapesMania, a newcomer with insane potential. The project’s ongoing public sale might be your last chance to obtain it at a very advantageous price.

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Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article

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