Recent events in the cryptocurrency market have drawn attention to Chainlink and Dogecoin. Whale activity and preparations for the launch of BlockDAG create premises for further analysis.
Whale Interest in Chainlink Network
The latest news about Chainlink highlights a 105% increase in large transaction volume, totaling $54.8 million within 24 hours. This activity coincided with a broader market decline, where $202 million was liquidated. LINK shows resilience despite a slight price drop. Whales are actively interested in the token, following recent partnerships with Mastercard and integration into Kraken's tokenized equity project.
Long-term Prospects for Dogecoin
The Dogecoin price chart shows resilience, adhering to an ascending channel formed since 2022. Despite a 70% pullback from its December peak, the token remains above its long-term trendline. The measures taken to maintain price levels indicate opportunities for gradual upside to the $0.73 level if the trend persists.
BlockDAG Price Lock Ahead of Global Launch
BlockDAG has not only locked in a price of $0.0016 ahead of the global launch but also attracted attention to the upcoming event. With an expected launch price of $0.05, this creates a 3,025% return. More than $329 million has already been raised during the presale, with over 23.6 billion coins sold. This presents a unique opportunity for purchasers as the presale approaches its final stages.
Observing the behavior of whales in Chainlink, stable signs in Dogecoin charts, and an unexpected BlockDAG launch. These factors may define the market's future in the coming days.
