Sui (SUI) and Chainlink (LINK) Price See Further Decline, Investors Are Jumping Into This New Crypto As Price Ready To Explode Again
The post Sui (SUI) and Chainlink (LINK) Price See Further Decline, Investors Are Jumping Into This New Crypto As Price Ready To Explode Again appeared on BitcoinEthereumNews.com.
The bearish trend continues in the crypto market as Bitcoin’s (BTC) price falls even further. Altcoins like Sui (SUI) and Chainlink (LINK) have seen their prices decline with other major cryptocurrencies. Rising investor’ concern about the future of their crypto portfolio’s have led to more sell-offs as they search for tokens with better growth opportunities. Despite the struggling market, a new altcoin, Rollblock (RBLK), has outperformed major altcoins and has attracted thousands of new investors, over the past couple of weeks, with its unique offering. Analysts are tipping that Rollblock (RBLK) could see 50X gains in the next few weeks. Sui (SUI) Suffers 18% Decline as Token Falls to $0.6 Sui’s (SUI) investors have experienced huge losses as the coin’s price dipped throughout Q2. This decline follows the general market downturn after Bitcoin’s (BTC) halving, SEC investigations, and many whale sell-offs. Analysts monitoring Sui’s technical indicators note that the current market is fearful about Sui’s price based on the Fear and Greed index. This fear could drive more investors to sell their SUI tokens and Sui’s value would decline even further. Analysts maintain that if Sui’s price continues to fall, it may not reach its previous $2 high in the coming months. Chainlink’s (LINK) Drops Over 30% In 30 Days Chainlink (LINK) has experienced price declines as investors continue to sell off their holdings. Chainlink’s price drop to $11.64 shocked many investors as Chainlink maintained its $14.3 price in the first few days of Q3. Experts point out that Chainlink’s price decline correlates with Bitcoin’s (BTC) drop to $53,000. Bitcoin’s impact on the greater market has driven Chainlink investors to search for newer altcoins thriving regardless of the general market trends. Rollblock (RBLK) Set For Another Price Surge as It Hits $1 Million Presale Target Despite Bitcoin’s decline and the…
Filed under: News - @ July 7, 2024 8:06 pm