Ethereum prices have plummeted while Chainlink seeks support through a new partnership. Meanwhile, BlockDAG draws attention with its bonus campaign.
Effects of Market Volatility on Ethereum Price
In the last 24 hours, Ethereum's price experienced significant losses, accompanied by a 27.68% decrease in trading volume, underscoring the impact of various market factors such as dynamics, geopolitical issues, and manipulations. Community sentiment plays a crucial role, and current technical indicators are unfavorable for Ethereum.
Chainlink's Partnership and Its Implications
Chainlink has partnered with the major stablecoin issuer Usual, managing over $1.2 billion in assets. This strategic alliance could potentially spark a Chainlink rally, though it's uncertain if a single partnership can significantly influence the market.
Buzz Around BlockDAG's Campaign
BlockDAG's 'FINALCALL700' campaign has garnered widespread attention for its 350% bonus. The ongoing presale has already raised $193.5 million, with promises of further value increase.
As the market faces instability, Ethereum and Chainlink strive to maintain their footing, while BlockDAG draws new participants with its offer.