The post BlockDAG’s CEO Interview | Chainlink Price Forecast appeared on BitcoinEthereumNews.com.

Reaching $152.75 million in the last day, Polygon (MATIC) has dramatically increased large transaction volumes. The excitement surrounding the introduction of Ethereum ETFs and Polygon whale activity are blamed for this spike. At the same time, Chainlink’s supply on exchanges has decreased from 23% to 21.4% in the last month, hinting at a potential price surge. Chainlink’s price predictions suggest it might soon reach $18, with a long-term target of $35. Against this backdrop, BlockDAG (BDAG) stands out as a top alternative coin. With cutting-edge technology, BlockDAG, led by CEO Antony Turner, seeks to transform the blockchain industry by fusing decentralisation and security. Priced at $0.017, BlockDAG’s presale has successfully raised $64.2 million by batch 21, showcasing strong community support. Chainlink Price Forecast: Anticipated Bullish Surge In the past 30 days, the percentage of Chainlink (LINK) tokens available on cryptocurrency exchanges has decreased from 23% to 21.4%, indicating a potential upward trend. This reduction in supply indicates that holders are holding onto their tokens. If this trend continues, similar to last year, LINK could reach significant highs. Analysts believe there will be a bullish breakout and that LINK will soon reach $18. Moreover, 8.46 million LINK tokens have lately been accumulated by whales. The long-term Chainlink price prediction sets a target of $35, driven by increased whale activity and positive sentiment from Chainlink co-founder Sergey Nazarov. Polygon Whale Movements Spike Amid Ethereum ETF Excitement A noticeable increase in large transaction volumes was recently observed in Polygon (MATIC), which is indicative of increased activity among Polygon whales. According to IntoTheBlock, the network recorded $152.75 million in large transactions over the past 24 hours, marking a 745.3% increase. The fervour surrounding the introduction of Ethereum ETFs in the US has boosted the cryptocurrency market, and this surge aligns with that sentiment. The…

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Filed under: News - @ August 3, 2024 1:10 pm