The post BDAG Climbs on CoinSniper Amidst Rising LINK Prices & MNT Investor Activities Coin Edition appeared on BitcoinEthereumNews.com.

While Chainlink (LINK) experiences a downturn in its price, losing earlier gains, investors in Mantle (MNT) remain steadfast, supported by lucrative staking yields and significant partnerships. In striking contrast, BlockDAG has rocketed to first place on the CoinSniper leaderboard after their recent Keynote 2 event, sparking widespread excitement and fear of missing out (FOMO) among the cryptocurrency community. This event shone a light on BlockDAG’s successful presale and its notable technological progress, including an advanced Peer-to-Peer Engine and the imminent launch of its mainnet. It established BlockDAG as a high-performing cryptocurrency and overshadowed its competitors. Chainlink (LINK) Price: A Closer Look at Recent Market Dynamics Recently, Chainlink’s (LINK) market performance has been rocky. Despite experiencing an impressive 45% surge, LINK’s price dropped by 11.3%, falling from $18.41 to $16.33. This decline, primarily due to investors cashing out profits, occurred even as the broader market hinted at a possible bullish trend. Nevertheless, LINK holders are hopeful, bolstered by the potential of real-world asset (RWA) tokenisation to drive future growth. Market analysts remain optimistic, projecting that Chainlink’s value might climb significantly by year-end. Mantle (MNT) Investors: Exploring Strategic Moves & Prospects Mantle (MNT) has continued to attract attention with its appealing stake yields that maintain investor interest. With a recent modest increase of 3.7%, an impressive 91% of MNT tokens are currently profitable, demonstrating strong investor confidence. This confidence is further enhanced by Mantle’s partnership with Dune Analytics, which improves its on-chain data visibility. Although MNT requires a strong catalyst to revisit its April peak values, investors remain hopeful as the total value locked (TVL) in Mantle shows sustained growth. However, the concentration of MNT tokens among large holders (whales) presents a risk of significant price drops if these holders decide to sell off their stakes suddenly. Impact of BlockDAG’s Keynote 2:…

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Filed under: News - @ June 22, 2024 7:16 am