{"id":88244,"date":"2023-11-24T06:41:27","date_gmt":"2023-11-24T11:41:27","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/chainlink-price-prediction-as-link-surges-16-6-in-two-weeks-can-link-reach-100\/"},"modified":"2023-11-24T06:41:31","modified_gmt":"2023-11-24T11:41:31","slug":"chainlink-price-prediction-as-link-surges-16-6-in-two-weeks-can-link-reach-100","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=88244","title":{"rendered":"Chainlink Price Prediction as LINK Surges 16.6% in Two Weeks \u2013 Can LINK Reach $100?"},"content":{"rendered":"<div>\n<p><noscript><\/noscript><\/p>\n<p>The Chainlink price has moved by 0.5% today, with its rise to $14.54 coming as the cryptocurrency market gains by 1% in 24 hours.<\/p>\n<p>LINK has now risen by 6.5% in the past week and by more than 16% in the last three weeks, with the altcoin also rising by 31% in a month.<\/p>\n<p>This makes it one of the best-performing major tokens of these periods, and with the Chainlink network continuing to expand and attract more usage, LINK is likely to witness further gains in the near and more distant future.<\/p>\n<h2>Chainlink Price Prediction as LINK Surges 16.6% in Two Weeks \u2013 Can LINK Reach $100?<\/h2>\n<p><span class=\"replacer\"><\/span><br \/>LINK\u2019s chart reveals the altcoin in good momentum, potentially on the brink of another round of gains.<\/p>\n<p>This impression comes mainly from its relative strength index (purple), which after having fallen to 50 at the start of the week is now rising again.<\/p>\n<figure id=\"attachment_136161\" aria-describedby=\"caption-attachment-136161\" style=\"width: 2560px\" class=\"wp-caption alignnone\"><noscript><\/noscript><figcaption id=\"caption-attachment-136161\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>Such rising suggests an increase in buying pressure, as does LINK\u2019s 30-day average (yellow), which also continues to rise further above its 200-day average (blue).<\/p>\n<p><span style=\"font-size: 16px\">What\u2019s particularly encouraging at the moment is that the coin\u2019s 24-hour trading volume continues to record elevated levels, standing at over $600 million after falling as low as $150 million in late August and early September.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A whale withdrew another 79,999 <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a>($1.2M) from <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> 2 hrs ago.<\/p>\n<p>The whale has withdrawn 615,097 <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a>($7.16M) at $11.65 from <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> since Oct 23, with a current profit of $1.9M. <a rel=\"nofollow\" href=\"https:\/\/t.co\/lZmDsUfpUL\">pic.twitter.com\/lZmDsUfpUL<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1724078906423247043?ref_src=twsrc%5Etfw\">November 13, 2023<\/a><\/p>\n<\/blockquote>\n<p>A significant chunk of this volume is likely coming from whales accumulating LINK, as suggested by recent data on whale transfers.<\/p>\n<p>There are two main reasons why (larger) traders are buying LINK right now: 1) the market remains in an expansionary phase after months of stagnation; and 2) LINK is one of the strongest altcoins in the market in terms of its fundamentals.<\/p>\n<p>Indeed, the Chainlink oracle network \u2013 which provides validated data to other blockchains and platforms \u2013 continues to expand, providing over 11 billion data points and facilitating $9 trillion in transactions to date.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Seeing this bizarre repeated claim that Chainlink only has four price feeds<\/p>\n<p>We\u2019re not in 2019 anymore, it\u2019s simple to verify that there\u2019s ~1,000 Chainlink oracle networks for data live today across 18 blockchainshttps:\/\/t.co\/Z5DYxnxTsIhttps:\/\/t.co\/k2u4nUKHP1 https:\/\/t.co\/3MaALIVnHp <a rel=\"nofollow\" href=\"https:\/\/t.co\/pojsrHHPgs\">pic.twitter.com\/pojsrHHPgs<\/a><\/p>\n<p>\u2014 ChainLinkGod.eth (@ChainLinkGod) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/ChainLinkGod\/status\/1726303907247489249?ref_src=twsrc%5Etfw\">November 19, 2023<\/a><\/p>\n<\/blockquote>\n<p>Such growth has driven demand for native token LINK, which is likely to continue rising as the market ends the year strongly.<\/p>\n<p>From its current position at around $14.50, it\u2019s likely to reach $20 by the start of 2024, with a fully fledged bull market potentially pushing it as high as $40 in the next few months.<\/p>\n<h2>New Altcoins With Strong Potential for Gains<\/h2>\n<p><span class=\"replacer\"><\/span><br \/><span style=\"font-size: 16px\">LINK does look very promising right now, yet traders who wish to maintain diversified portfolios may also be advised to look into newer tokens, which can often rally ahead of market averages.<\/span><\/p>\n<p>This is particularly the case with presale coins, which in raising substantial funding can generate enough interest to lead into big rallies once they list on exchanges.<\/p>\n<p><span style=\"font-size: medium\">One token likely to do this is<\/span><span style=\"font-size: 16px\">\u00a0<\/span>Bitcoin Minetrix (BTCMTX)<span style=\"font-size: 16px\">, a stake-to-mine platform that has raised $4.3 million in just over a month.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinMinetrix<\/a> imagines a renewed cloud mining landscape that merges ownership and cloud mining.<\/p>\n<p>Through transparency, independence, and safety, <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinMinetrix<\/a> aims to lead tokenized cloud mining, providing a reliable <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> mining path for everyone. \ud83c\udf10\u2692\ufe0f <a rel=\"nofollow\" href=\"https:\/\/t.co\/SOETy3de0a\">pic.twitter.com\/SOETy3de0a<\/a><\/p>\n<p>\u2014 Bitcoinminetrix (@bitcoinminetrix) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1727009142533923160?ref_src=twsrc%5Etfw\">November 21, 2023<\/a><\/p>\n<\/blockquote>\n<p>Bitcoin Minetrix has been winning over investors by virtue of its unique platform, which will enable users to mine Bitcoin (BTC) by staking its native BTCMTX token.<\/p>\n<figure class=\"media\"><\/figure>\n<p>Such a system will remove many of the barriers that have prevented average cryptocurrency holders from participating in mining, with users not required to buy mining equipment or anything like that.<\/p>\n<p>Staking Bitcoin Minetrix\u2019s native token will also earn users newly issued BTCMTX in return, making the platform potentially highly lucrative.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">When incorporated into an <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> smart contract, the <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/search?q=%24BTCMTX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTCMTX<\/a> <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/Token?src=hash&amp;ref_src=twsrc%5Etfw\">#Token<\/a> becomes the doorway to enter <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> cloud mining. \ud83d\udd13<\/p>\n<p>Enthusiastic users can seamlessly buy and utilize <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/BTCMTX?src=hash&amp;ref_src=twsrc%5Etfw\">#BTCMTX<\/a> tokens to obtain cloud mining credits, which can be exchanged for hashing power. \ud83d\udcb3\u26cf\ufe0f <a rel=\"nofollow\" href=\"https:\/\/t.co\/MQ8v5kNLoA\">pic.twitter.com\/MQ8v5kNLoA<\/a><\/p>\n<p>\u2014 Bitcoinminetrix (@bitcoinminetrix) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1726646768920625659?ref_src=twsrc%5Etfw\">November 20, 2023<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-size: 16px\">Bitcoin Minetrix is due to launch in the next few weeks, with investors still able to join its presale by visiting <\/span>its official website.<\/p>\n<p><span style=\"font-size: medium\">\u00a01 BTCMTX currently costs $0.0118, yet this will rise to $0.0119 once the final stage of the sale starts in three days.<\/span><\/p>\n<p>The final stage will run for one week, at which point Bitcoin Minetrix will begin the process of listing on exchanges, where it could rally strongly.<\/p>\n<p><strong>Visit Bitcoin Minetrix Now<\/strong><\/p>\n<p><i><sup>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/chainlink-price-prediction-as-link-surges-16-6-in-two-weeks-can-link-reach-100.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chainlink price has moved by 0.5% today, with its rise to $14.54 coming as the cryptocurrency market gains by 1% in 24 hours. LINK has now risen by 6.5% in the past week and by more than 16% in the last three weeks, with the altcoin also rising by 31% in a month. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":88245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-88244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chainlink Price Prediction as LINK Surges 16.6% in Two Weeks \u2013 Can LINK Reach $100? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The Chainlink price has moved by 0.5% today, with its rise to $14.54 coming as the cryptocurrency market gains by 1% in 24 hours. 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