Recent news in the Web3 space highlights changes in Chainlink's price and Humanity Protocol's efforts to enhance identification technology.
Chainlink Market: Key Price Levels
Chainlink has recently shown significant volatility, hovering around the $22 mark. Investors are looking for the price to climb above $24, but there are risks that it could drop to $18 if buying activity decreases. While transaction inflows rose by 103% in a day, the weekly drop was 53%, indicating market uncertainty.
Humanity Protocol's Breakthrough in ID Verification
Humanity Protocol secured $20 million in funding to expand its palm-scan technology. Backed by major investments from Pantera Capital and Jump Crypto, the initiative aims to secure safe and decentralized identity verification, critical amid rising fake accounts and fraud.
Web3Bay: The New Era of E-Commerce
Web3Bay has caught attention with its approach to digital asset trading, focusing on security and transparency using Layer-1 blockchain technology. With a current pre-sale price at $0.00456, the platform has attracted significant investment and user interest for open and user-controlled trading.
Amid Chainlink's market volatility and Web3's advancements in identity verification, market participants face decisions on investing in a decentralized digital future.
