To harness the volatile market sentiments of cryptocurrencies, mastering the skill is essential. Moreover, every crypto investor aspires to accumulate more and more of these digital assets. In this article, we will focus on Chainlink (LINK), which has experienced a significant increase in its network activity. The increased activity on LINK brings forth a positive atmosphere in the crypto industry.
Furthermore, promising cryptocurrencies like Cardano (ADA), currently on the rise, and Big Eyes Coin (BIG), which has been surging since its debut, are expected to have a favourable influence.
Will Link Hit $7 Price?
Moving on to Chainlink, an Oracle network that connects smart contracts to real-world data, it has seen an increase in network activity, indicating a positive market attitude. Notably, the network’s address activity grew by 10%, suggesting higher user involvement and on-chain participation. Additionally, the bid-ask volume imbalance favours bulls by 7%, indicating that there is more demand for LINK than supply.
These encouraging signs had a significant influence on Chainlink’s stock, which rose 26% from its previous low of $5.02. This optimistic trend is driven by DeFi’s expansion as platforms incorporate real-world data, increasing LINK usage and pricing. Ongoing advancements and collaborations further boost network activity, indicating ecosystem dynamics and impacting the price of LINK.
ADA’s Value Goes North
Shifting our focus to another cryptocurrency, Cardano, it is going green with a large boost in value, signalling a favourable shift in the crypto market’s general mood. It’s worth noting that this increase in the trading price of ADA has risen by more than 20% since its low point last Monday, putting it slightly beyond $0.29.
Cardano (the blockchain technology underpinning ADA) has recently surpassed the 20-day exponential moving average (EMA), a frequently used indicator to gauge a token’s short-term trend. This achievement signals a potentially significant shift in investor mood and lays the groundwork for possibly tremendous upward momentum.
BIG’s Lambent Debut
Now let’s turn our attention to Big Eyes Coin (BIG), whose popularity and market value have grown since its debut. Undoubtedly, this is due to the coin’s listing on centralised and decentralised exchanges, as well as the upcoming Big Casino. The coin has successfully completed its presale and has emerged on the crypto scene with powerful objectives. With the current market sentiments, this coin will become a major competitor in the fields of play-to-earn (P2E) games, non-fungible tokens (NFTs), and social contributions in the near future.
BIG is live and listed on top-tier exchanges, both centralised and decentralised, such as Uniswap, OKX, Poloniex, and LBank. These listings are not merely symbolic; they are evidence that the coin has the potential to attract investors and provide abundant returns. You may be wondering how? Let’s find out.
Big Casino offers 4,000 P2E games, including the newly added 819 Casino. These games allow users to participate in engaging activities while earning substantial prizes. This not only contributes to the token’s 24-hour trading volume but also generates continuous buying pressure for the token, even when the larger cryptocurrency market is relatively stagnant. This, in turn, should help maintain the price of Big Eyes Coin and increase the number of BIG holders worldwide. Furthermore, BIG expands the value of its network by entering the thriving NFT business with its adorable ‘Sushi Crew’ collection.
Crypto investors always seek better opportunities to maximise their earnings. The ongoing activities surrounding LINK are positively influencing currencies such as ADA and BIG. ADA is experiencing significant growth, aiming to reach a price of $7. Additionally, BIG’s value is increasing daily, driven by its potential and promising goals. The coin will launch Big Casino and venture into the thriving NFT business.
Big Eyes Coin (BIG)
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