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Lately, projects like Chainlink (LINK) and Monero (XMR) have had a hard time staying afloat. However, the presale launch of Everlodge is the reason to cheer for.
Bulls have rushed to this project, and are aggressively accumulating its presale tokens. Experts believe that the new crypto will soon become a blue-chip project.
Join the Everlodge presale and win a luxury holiday to the Maldives
The Chainlink (LINK) ecosystem has witnessed an increase in its network activity. The data from Lookonchain reveals the opening of 81 fresh Chainlink (LINK) wallets in the last few days. Besides, these new Chainlink wallets have withdrawn LINK tokens worth $31.58 million from Binance.
Experts believe that whales are accumulating Chainlink (LINK) tokens. This optimism has positively impacted the price of Chainlink (LINK). The current trading price of Chainlink (LINK) is $7.21, following a 20% surge in the past month.
However, analysts fear that such continuous outflow can result in a liquidity decline for Chainlink (LINK).
Growing regulatory concerns around privacy coins have been hurting Monero (XMR) for a long time. In the latest event, Binance has announced that it will stop supporting Monero (XMR) in Belgium. According to experts, this can significantly erode the user base of Monero (XMR).
Notably, Monero (XMR) has been blacklisted in several other countries too. However, investors are still showing confidence in Monero (XMR), which is up by 2% on the monthly price chart. Currently, Monero (XMR) trades at $143.89.
Meanwhile, Monero (XMR) is focussing on improving its network to attract new users. Recently, Monero (XMR) increased
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