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Cryptocurrencies in 2023: Dogecoin, Chainlink, and Polkadot

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by Giorgi Kostiuk

15 hours ago


This article examines the current values and prospects of well-known cryptocurrencies Dogecoin, Chainlink, and Polkadot, as well as new tokens like RTX.

State of Dogecoin

As of now, Dogecoin's price has decreased by 14%, setting the current mark at $0.19. The market is reacting to the previous surge to $0.24, and analysts anticipate a possible further increase if bullish support can be maintained.

Prospects of Chainlink

Chainlink continues to demonstrate solid performance despite a monthly price drop of 21%. The current value of LINK stands at approximately $13.54, with increased interest in the project potentially arising from its partnership with banks for the CBDC project between Hong Kong and Australia.

Full Analysis of Polkadot

Polkadot is facing challenges, with its price falling by 16.3% over the past month, adding to an overall annual decrease of more than 35%. This is linked to the SEC's delay in approving ETFs, leading to a wave of disappointment worldwide.

With these changes in the cryptocurrency market, Dogecoin, Chainlink, and Polkadot continue to be under pressure, while the new currency RTX is beginning to attract investor interest.

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