This week, the cryptocurrency market experiences notable changes. Chainlink (LINK) shows significant growth, while Pi Coin faces unlock risks.
Chainlink Shows Strong Growth
Chainlink (LINK) has risen above $22, recording over a 14% gain over the weekend. The project's market cap now exceeds $15 billion. In August, large holders accumulated nearly $97 million in LINK. This momentum is supported by the introduction of the Chainlink Reserve, which uses protocol income to repurchase tokens.
Pi Coin Faces Risks
Pi Network (PI) increased by 13% this week but soon retraced to around $0.40. Nearly 170 million tokens are expected to be unlocked this month, potentially creating selling pressure. Market participants should weigh short-term growth potential against increased supply.
Stage 17 Cold Wallet Draws Attention
Stage 17 of Cold Wallet's presale has raised over $5.95 million at a price of $0.00998 per token. The projected ROI stands at 3,632% for current buyers. Each completed stage reduces this yield, attracting attention to the current offering.
In the current market, Chainlink's growth and Pi Coin's risks present intriguing opportunities. Stage 17 of Cold Wallet offers significant potential rewards but requires prompt decision-making.
