After the news that Binance acquired FTX, the crypto market crashed, losing over $70 billion. Cryptocurrency volatility is not a new phenomenon and we have seen cases of big money movers causing a shift in the market. Last week’s Elon saga was enough proof of that and how it tremendously affected the price of DOGE. After several days of breaking the $20,000 mark, Bitcoin falls to $18,600, Solana falls 14 percent, and most of the altcoins that followed are the worst. The only exception to the list is Chainlink.
Despite price volatility, Chainlink jumped to its highest level in three months, hitting a price it hasn’t reached since August. And experts say that the huge activity triggered by LINK wallets over the past five weeks has led to the latest price increase. Whatever the cause, it is important to note that Chainlink is the best cryptocurrency right now and could be a valuable addition to your portfolio.
Dogeliens (DOGET) is another cryptocurrency that looks promising in the pre-sale right now, and seems to be following the hype of ;og meme coins. Enthusiasts say it could be the next Dogecoin since it offers more than fun and entertainment, unlike DOGE.
chain link (LINK)
Chainlink (LINK) is a decentralized network of nodes that connects and connects data and information outside the blockchain with on-chain smart contracts. It is a blockchain system that enables off-chain processing and access to real-world data while maintaining the security of blockchain technology. Chainlink is a decentralized network that intends to improve the capabilities of smart contracts and increase their functionality by using blockchain technology.
Smart contracts are central to blockchain technology because they power a decentralized network enabling transactions without the need for human interaction. However, the technology is relatively new, and one of the biggest challenges is connecting external information to the contract so that it can be interpreted and understood.
Chainlink aims to solve this problem by providing access to the many inputs and outputs required by a complicated smart contract. The Chainlink network aims to easily provide fast and secure access to off-chain data and resources.
Since the beginning of the year, Chainlink has seen significant whale accumulation and address activity, which is one of the reasons for its recent price increase. Shark and whale addresses continued to accumulate LINK tokens during the bad market, signifying the bullish momentum of the community.
Dogeliens is a new meme coin that wants to build on the Binance Smart Chain. It is a meme coin with DeFi solutions, DAO governance model, NFT market and many other ways to generate income.
Dogeliens has a blockchain education center where users can learn the most basic or advanced information about the crypto market and blockchain technology. The Education Hub helps adopt more users into the Dogeliens community and the crypto landscape in general.
The Dogeliens pre-sale is selling fast, and investors are excited about the idea of a new meme coin offering new liquidity to the market. You can be among the early winners by purchasing pre-sale tokens here.
Check out the links below to learn more about Dogeliens (DOGET):