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The Chainlink price dropped 4% in the last 24 hours to trade at $13.02 as of 4.40 a.m. EST on trading volume that surged 52% to $522.57 million.
Despite the tumble in the LINK Price, the coin received great news as PayPal added both Chainlink and Solana to its digital asset lineup.
Both coins are now available to the company’s US customers as part of its efforts to expand its crypto services and offerings.
Chainlink Price Prediction
Following Chainlink’s price surge after PayPal’s announcement, the market sentiment became strongly bearish, causing a trend reversal and pushing LINK’s price further down. The sharp rise, followed by an even sharper drop, ended up expanding the project’s Bollinger bands quite significantly as activity involving the coin increased.
Since then, however, the price has managed to see a small recovery and find relative stability, causing the bands to tighten again.
The coin’s Relative Strength Index (RSI) value has also seen great fluctuations, signifying increased trading activity. After finding itself deep in the oversold zone at the value of 24 yesterday morning, it surged to the value of 75 as traders started buying and pumping its price.
However, as volatility increased and trend reversal took place, the RSI dropped to 50, only for some traders to pump it to 70 again as they moved in to buy the dip. Once it reached 70 again, a major sell-off started, pushing the RSI value back down, this time once again into the oversold zone.
The metric dropped to the value of 25, which is when traders started buying again, and since then, it has been fluctuating between 50 and 70, showing that trading activity is still strong but also that the market remains bearish and that traders are cautious as they wait for the situation to settle.
Promising Alternative to Chainlink
Even as the Chainlink price drops, the presale for Best Wallet (BEST) has surged past $11.54 million.
BEST is the native cryptocurrency of Best Wallet, a new crypto wallet that offers support for thousands of cryptos running on over 60 blockchains.
It also has a native launchpad that has already rolled out several cryptos, like Pepe Unchained, Catslap, and Wall Street Pepe, each of which saw a major price surge after going live.
This showed investors that the wallet’s launchpad is carefully choosing promising ICOs to support, and now, its own BEST token is on offer. While the token will be deeply integrated with the wallet, which will grant it numerous use cases, and likely increase its demand considerably, even holding it is enough for you to enjoy some benefits.
Over $11M Raised & Counting! 💎
The Best Wallet ecosystem keeps growing, and early holders are locking in their spot. 🚀
Now is your chance to secure exclusive rewards and be part of the next-gen crypto wallet.
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— Best Wallet (@BestWalletHQ) March 14, 2025
The most notable ones include lower transfer fees, higher staking rewards, access to community governance, and the ability to invest in new tokens early.
Experts like ClayBro, a crypto YouTuber with over 136k subscribers, believe that its price could blow up after going live thanks to Best Wallet’s own popularity, especially as it took the top spot on the list in terms of best wallets for 2025.
Right now, BEST tokens are priced at only $0.024575 each. Buy before a price hike in about 8 hours to lock in the best deal.
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