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Crypto Market Overview: BONK Rises and LINK Holds Steady

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by Giorgi Kostiuk

7 hours ago


The cryptocurrency market continues to exhibit a variety of asset behaviors. While BONK shows rising trading volumes, LINK remains steady, and BlockDAG makes a strategic move by fixing its price.

BONK Shows Buying Strength

BONK is gaining attention due to a nearly 98.33% surge in trading volume, reaching $160.5 million. Alongside this, the buy-sell delta climbed by 127 billion tokens, indicating growing confidence from buyers. After bouncing off the $0.000013 support, BONK briefly tested $0.00001480 before settling close to $0.00001446. Buyers appear eager to hold on to the recent gains.

LINK Holds Ground

LINK finds itself at a decision point as traders look for signs of its future direction. Large holders seem cautious, with whale wallets less active and fewer tokens leaving exchanges. This cooling trend suggests some overhead pressure remains. Still, LINK manages to stay above a key support zone, providing bulls some hope that momentum could return.

BlockDAG Freezes Price Ahead of GLOBAL LAUNCH

BlockDAG has made a strategic move by freezing its presale price at $0.0016 for its GLOBAL LAUNCH release. This price lock benefits buyers, allowing them to secure early-stage rates without facing sudden price increases. The official Batch 29 price stands at $0.0276.

In conclusion, while BONK shows impressive volume and LINK remains at an uncertain level, BlockDAG has chosen a more predictable path. Freezing the price at $0.0016 allows market participants to approach their investments with confidence.

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