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Chainlink and Pi Coin: Current Week's Analysis and Outlook

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by Giorgi Kostiuk

2 hours ago


This week, the cryptocurrency market is witnessing significant changes. Chainlink and Pi Coin are taking different paths, making the timing particularly critical for investors.

Chainlink's Rally Tests $24 Resistance

Chainlink (LINK) has surpassed $22, rising over 14% over the weekend and increasing its value by 34% over the last week. Technical indicators suggest a potential breakout towards $24. LINK's market capitalization now exceeds $15 billion, supported by new reserves that reduce circulating supply.

Rising Interest in Pi Coin Meets Unlock Pressure

Pi Coin (PI) has risen by 13% over the week, but with nearly 170 million coins set to unlock, there could be negative price implications. Analysts suggest that even with current positive market sentiment, increased supply may hinder further growth.

Cold Wallet Opening: Attractive for Investors

The Cold Wallet presale is in Stage 17, offering a price of $0.00998 with a projected ROI of 3,425%. While earlier participants secured higher returns, the current conditions create opportunities for newcomers, necessitating timely decisions. The project draws attention due to its real applications and growth potential.

This week, the cryptocurrency market displays activity, with Chainlink and Pi Coin facing different challenges. The Cold Wallet presale also stands out among competitors by offering unique investment opportunities.

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