The post BlockDAG’s BULLRUN100 a Huge Hit; Cardano & Chainlink Face Struggles appeared on BitcoinEthereumNews.com.

Established coins like Cardano (ADA) and ChainLink (LINK) are showing signs of struggle. Cardano, once a top player with a market cap of $100 billion, is now experiencing a significant drop in value. ChainLink too has faced resistance with its price under $13 and a 4.09% decline in the past year. On the other hand, BlockDAG (BDAG) is turning heads with its presale, which has raised over $120.5 million, and shows substantial growth potential. BlockDAG is now attracting even more buyers with its limited-time BULLRUN100 offer that gives holders early access to its exclusive golden airdrop. Cardano Price Prediction Points To A Downward Trend Cardano stands out in the crypto space because of its unique two-layer architecture and emphasis on interoperability. However, despite its strong technical foundation, recently Cardano has faced challenges in maintaining its position in the crypto market. Previously, Cardano ranked third in the cryptocurrency space with a market cap of $100 billion, now the market cap has dropped to just $12 billion. The price of Cardano has also been stagnant, hovering around the same levels since 2018. Moreover, the recent Cardano price predictions reveal a concerning downward trend. This decline highlights a substantial loss of investor confidence and has raised questions about the ADA’s long-term growth. Chainlink Struggles: $22-$24 Resistance Holding Strong Chainlink’s (LINK) decentralised oracle network is a crucial tool in sectors like finance and insurance. As Chainlink continues to expand its application, some analysts are hoping for a potential Chainlink price rally. They suggest that LINK could break out from a falling wedge pattern. However, this is only possible if Chainlink manages to overcome strong resistance around the $22-$24 range. LINK is currently priced under $13 and has experienced a noticeable decline of 4.09% over the past year. Additionally, technical indicators like Hull Moving Average…

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Filed under: News - @ November 13, 2024 8:24 pm