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Market Overview: Chainlink, ONDO, and BlockDAG Events

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market is seeing interesting trends in the prices of Chainlink and ONDO tokens, alongside an anticipated presentation from BlockDAG that is generating excitement among users.

Chainlink Price Trend and Potential Growth Forecast

The price pattern of Chainlink (LINK) is showing solid support, hinting at a potential rise toward $25. The current price is between $10.94 and $18, with traders closely monitoring developments. If LINK breaks above $18, it could indicate a potential increase to $25.06, as the asset shows active buying, especially during price dips near the 20-day moving averages.

ONDO's Rapid Rise: New Targets

The ONDO token is also gaining attention, crossing the $1 mark with a solid 10% gain in just one day. This followed Ondo Finance's announcement regarding the launch of its tokenized treasury product USDY on the Sei Network. Traders are discussing a price target of $3 for ONDO, although positions remain somewhat uncertain. Strong support levels and recent price increases indicate that buyers are continuing to be active.

BlockDAG Unveils New Mining Technology

BlockDAG is set to showcase its new technologies this week, including the X1 Mobile Miner and X10 Hardware, which can amplify mining rewards by up to 10 times. Over 2 million users are already using X1 for mining BDAG tokens through their phones. By connecting to X10, users can significantly boost their rewards. This demonstration will attract attention to BlockDAG's products and showcase the company's real achievements.

The price trends of Chainlink and ONDO indicate a growing interest from investors, while BlockDAG is set to unveil its innovations in mining, which could significantly change the market landscape.

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