Tuesday, 20 February 2024

Crypto News

key investment opportunities on the Horizon

key investment opportunities on the Horizon

  • SEI jumps 29% in a week, with more gains coming before the end of 2023.
  • Chainlink gained 10% in a week, and more gains are coming in December.
  • Rebel Satoshi continues seeing an inflow of investors after entering Rebels Round 1. 

The renewed bullish momentum in the crypto market has seen top altcoins like Sei (SEI) and Chainlink (LINK) record massive gains. Despite the notable gains in popular cryptos, investors are increasingly considering Rebel Satoshi ($RBLZ) an attractive investment because of its promised presale surge. 

Which token offers the best investment opportunity between Sei, Chainlink, and Rebel Satoshi? Let’s find out!

SEI gains 29% in a week: will bulls continue charging?

SEI has made moon shots over the past seven days, starting November 27. On November 27, SEI was trading around $0.2162. However, the November 29 news of Sei Labs planning to incorporate the Ethereum Virtual Machine (EVM) into its V2 upgrade. This bullish news saw SEI climb as high as $0.2973.

By December 4, SEI had stabilized at around $0.2729. Despite the slight pullback, this price means SEI has gained 26.23% in a week. This impressive performance has left investors asking, will SEI continue with its commendable performance, and is it a good crypto to buy now?

According to experts, SEI will continue to gain until the end of the year at $0.3057. Experts peg this prediction on EI gaining more adoption due to the November 30 news of SEI partnering with ImmuneFi to launch a $2 million bug bounty. This initiative shows SEI is keen on keeping its platform secure and stable.

Chainlink climbs 10% in a week

Chainlink has performed well over the past seven days. On November 27, LINK was hovering around $14.21. After trading sideways during the last days of November, LINK began surging on December 2 after Santiment revealed that Chainlink whales had accumulated $50 million worth of LINK in five weeks.

This bullish news saw LINK climb as high as $16.24 on December 3. By December 4, LINK had levelled off at around $15.64. Despite the slight downward correction, this price means LINK has gained 10.06% in a week. Based on this performance, does LINK pass muster as one of the best cryptos to invest in now?

Per analysts, LINK will continue trading bullishly to close the year at $19.98. Analysts peg this prediction on Chainlink gaining more adoption due to the…

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