Chainlink (LINK) has experienced a significant price increase, fueled by substantial buying from whales and institutional investors, according to Spot On Chain. A notable set of transactions on BNB involved the transfer of 227,350 Chainlink (LINK) tokens, valued at approximately $4.12 million, into eight newly created wallets, suggesting a deliberate effort to stockpile Chainlink (LINK). This accumulation preceded a roughly 7% rise in Chainlink’s (LINK) price, contributing to a 35% gain over the previous week and enhancing Chainlink’s (LINK) market capitalization by $3.5 billion. This price movement has heightened interest in Chainlink’s (LINK) potential impact on the market and its future direction, as it positions itself to break into the top 10 cryptocurrencies by market cap.
With Chainlink (LINK) making significant strides after a period of anticipation, the market is keenly observing whether this momentum will be sustained or if focus should shift to newer, emerging cryptocurrencies that may present similar opportunities for rapid growth. Today, we are going to examine a market newcomer that, perhaps, can offer an even bigger return if everything goes as planned.
ScapesMania: Public Sale Countdown!
ScapesMania recently rocked a presale, quickly amassing over $5 million. Now, the spotlight is on the public sale, with the CEO announcing the Token Generation Event (TGE) coming up in March during a recent AMA session.
With no intermediaries, the public sale unfolds directly on the ScapesMania website, providing the best conditions for the community. Operating within the multi-billion, growing market of casual gaming, this project knows that it’s the community that matters the most.
The gaming ecosystem continues to grow and develop at a higher rate and there are only 80 million tokens ($720,000) available in the public sale. Move fast – discounted tokens are vanishing like never before.
Time is of the essence! Embrace ScapesMania before the TGE for a chance to be part of its early success, preceding its debut and potential moonshot. Hurry, act now!
>>> The Public Sale is LIVE – Join Now on the Official Website! <<<
ScapesMania’s Growth Catalysts
Behind ScapesMania’s continuing success is a smart marketing plan post-listing. Positioned prominently on presale trackers and endorsed by crypto influencers, the project is poised for growth.
Holding ScapesMania tokens is an active engagement, offering benefits like token buyback, burn, staking, and a treasure trove of bonuses. Introduce ScapesMania to your network and score referral rewards.
In contrast to fleeting meme coins, ScapesMania is designed for lasting value and practical application. The token’s resilience outshines short-lived hype of lesser tokens and memecoins.
BlockSAFU, a top security company, checked and approved ScapesMania’s smart contract. Teaming up with the 2023 BNB Grant winner, ScapesMania is on track for even bigger success.
With a vibrant community exceeding 60K followers, ScapesMania experiences steady weekly growth. The collective enthusiasm around the project forms a dynamic hub for like-minded enthusiasts.
Final Call: Secure Your Spot!
As the token pool shrinks, this may be your last opportunity to acquire ScapesMania before its epic debut. Join the community of ScapesMania holders now and witness $MANIA’s journey to the moon!
If you’re already on board with everything that ScapesMania has to offer, there’s a unique opportunity for you: a special offered code, ACA769. The limited-time offer is only valid for a limited time since the article’s publication. It’s your best chance to get a bonus of 10% after entering ACA769 in a special field at checkout, so act fast, the clock is ticking.
Chainlink (LINK) Sees Parabolic Price Surge as Whales and Institutions Aggressively Accumulate
In an exhilarating development for the cryptocurrency market, Chainlink (LINK) has witnessed a remarkable price surge, attributed to aggressive accumulation by whales and institutions. Reports from Spot On Chain reveal a series of massive transactions on BNB, where a staggering 227,350 Chainlink (LINK), valued at approximately $4.12 million and averaging $18.1 per LINK, were withdrawn across eight new wallets. This strategic move has sparked a bullish sentiment across the market, propelling Chainlink (LINK) price from $18.15 to an impressive $19.42, marking a 35% increase over the past week.
The cryptocurrency’s market cap saw a significant boost, adding $3.5 billion in just one week, positioning Chainlink (LINK) as a heavyweight contender in the crypto arena. This surge in price and market cap has not only caught the attention of investors but also set a bullish tone for Chainlink (LINK) trading session.
Adding to the excitement, analysts suggest that Chainlink (LINK) is poised for a potential 38% rally if it manages to break through a critical resistance level. Currently facing formidable resistance between $19.40 and $20.03, Chainlink (LINK) could see its price soar to $26.87 if it overcomes this hurdle. This optimistic outlook is supported by a surge in trading volume and an increase in circulating market cap, indicating a growing interest from investors.
The recent activities suggest a strategic accumulation of Chainlink (LINK) tokens by institutions, anticipating future price appreciation. This pattern of withdrawal from centralized exchanges just before a price surge underscores the potential influence of institutional investors on the market.
Technical analysis highlights Chainlink (LINK) positive outlook, with a current score of 1.83 and a green signal on low time frames. The recent breakthrough from the 200-week moving average (200WMA) indicates a shift in market sentiment and a potential upward trend for Chainlink (LINK).
Conclusion
As Chainlink (LINK) continues to make significant strides, the aggressive accumulation by whales and institutions, coupled with a technical breakout, points to growing confidence in Chainlink (LINK) investment potential. Investors and market watchers are keenly observing Chainlink (LINK) trajectory, anticipating further gains as it targets new resistance levels.
Chainlink (LINK) stands at the cusp of a potential major rally, but some altcoins might offer bigger returns in a shorter timeframe. ScapesMania, the innovative crypto project, seems to present such an opportunity for holders and it is currently in its public sale stage. You are not going to catch a better price for the potential super-gainer, so it might be wise to start moving.
Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania
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