LINK rallies 12% to overtake Hyperliquid, eyes $30; Check forecast

Key takeaways

  • Chainlink (LINK) is one of the best performers in the top 20, up 12% in the last 24 hours.
  • The coin is rallying on the back of recent partnerships.

Chainlink overtakes Hyperliquid on the market cap list

LINK, the native coin of the Chainlink blockchain, is one of the best performers among the top 20 cryptocurrencies by market cap. The coin is up 12% in the last 24 hours and is now trading above $23.

This positive performance means that Chainlink’s market cap now stands at $16 billion, surpassing Hyperliqudi’s $14 billion. This means that LINK has become the 11th-largest cryptocurrency by market cap.

The rally comes after Chainlink launched the Chainlink Reserve last week. The Reserve aims to convert revenue from Chainlink’s services and enterprise integrations into LINK tokens, establishing persistent buying momentum.

In addition to that, Chainlink announced its partnership with Intercontinental Exchange, the parent company of the New York Stock Exchange, earlier this week. This will see the two entities work together to bring foreign exchange and precious metals pricing data on-chain. The partnership showcases Chainlink’s expanding role as a bridge between traditional finance and blockchain rails.

LINK eyes $30 as bullish momentum grows

The LINK/USD 4-hour chart is one of the most bullish, thanks to the coin’s ongoing rally. The technical indicators are also bullish, with the RSI of 63 underscoring the immense buying pressure. The MACD lines also crossed over into positive territory since last month, suggesting a bullish bias.

LINK/USD 4H Chart

At press time, LINK is trading at $24. If the positive momentum continues, LINK could break above the first major resistance level at $26.9 over the next few hours. An extended rally would allow LINK to test the $30 mark for the first time since December 2024. 

However, if the market undergoes a correction, LINK could retest the TLQ and support level at $21.075. The bulls would defend this level, as failure to do so could see LINK drop to the monthly low of $15.5.

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Dogecoin price prediction: DOGE eyes $0.30 on whale accumulation

Key takeaways

  • DOGE is up 11% in the last 24 hours and is now eyeing the $0.30 resistance level.
  • Whales have been accumulating Dogecoin in recent weeks. 

Dogecoin rallies as the broader crypto market recovers

DOGE, the native coin of the Dogecoin blockchain, is one of the best performers in the top 10. The coin added 11% to its value in the last 24 hours and is now trading above $0.24.

The positive performance comes as the broader crypto market recovers from Monday’s slump. Bitcoin is trading at $120k once again, while Ether could set a new all-time high soon after surpassing $4,600.

In addition to that, whale accumulation has been the major driver behind DOGE’s price in recent weeks. Over 1B DOGE (valued at ~$200M) were acquired in recent sessions. Large-holder ownership now approaches half the circulating supply, signalling institutional confidence despite intraday volatility.

DOGE eyes the $0.3 mark as bullish momentum returns

The DOGE/USD 4-hour chart remains bullish thanks to the coin’s ongoing rally. DOGE has established a strong support at $0.220 (volume-backed morning defense) after overcoming the $0.238 resistance earlier today. 

Traders are now watching out for a possible breakout continuation, with stability of $0.232-$0.220 support band on further profit-taking. Persistence of whale accumulation flows in the coming sessions could signal further bullish momentum, while the impact of broader market volatility on meme coin positioning cannot be ignored. 

DOGE/USD 4H Chart

The RSI of 67 shows that buyers are in charge, with the MACD lines also within the bullish territory. If the bullish trend continues, DOGE could surge past the $0.28 resistance and hit the $0.30 mark for the first time since February.

However, the market could still undergo a correction that could see DOGE retest the $0.22 support level. Failure to defend this level could see DOGE drop below the $0.20 mark for the second time this month.

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How Bitcoin Penguins is turning out to be one of the best new meme coins to invest in

  • BPENGU’s 30-day presale hits $3.13M as Ethereum rally sparks altseason buzz.
  • Investors eye BPENGU with listing gains possible before 2 September launch.
  • Ethereum surge boosts sentiment for new meme coins like Bitcoin Penguins.

In the race for dominance among new meme coins, Bitcoin Penguins (BPENGU) is emerging as one of the most talked-about contenders— blending the viral appeal of penguin culture with the credibility of Bitcoin’s hard money thesis.

The project takes its cue from the meteoric rise of Pudgy Penguins (PENGU) — one of the top-performing altcoins in recent months with a 209% rally in 90 days.

But instead of running on Ethereum like Pudgy, Bitcoin Penguins has fused meme culture with Bitcoin maximalism, aiming to create a meme token that pairs viral community power with BTC’s store-of-value appeal.

A strong presale that is about to end

The 30-day presale, which was launched on July 28, has been one of the strongest token presales in the market.

Bitcoin Penguins has already raised $3.13 million so far, and the token is currently available at $0.00148, with the next price jump scheduled in 2 days.

The 15-stage presale is structured in a way that the price will increase by 5% in each stage.

With 14 days remaining in the presale, investors getting in now can get up to a 35% return at the time of listing.

Out of the 10 billion total token supply, 55% is allocated to the presale.

The remainder is distributed to staking (20%), liquidity (10%), cold storage vault (5%), NFT giveaways & airdrops (5%), the penguin charity fund (2%), and team/advisors (3%).

The project’s mantra — “Penguins don’t sell. Penguins don’t FUD. Penguins just HODL.” — is designed to cement a strong, loyalty-driven community, a tactic that has proven effective in the meme coin space.

Ethereum rally fuels altcoin season hopes

The broader backdrop for Bitcoin Penguins’ debut comes amid renewed strength in the altcoin market, led by a sharp rally in Ethereum.

Ether (ETH), the native asset of the Ethereum network, climbed as much as 8.6% on Wednesday to $4,666, leaving it just 5% shy of its all-time high from November 2021.

Analysts attribute the move to accelerating demand from institutional investors and corporate treasuries.

Notably, BitMine Immersion Technologies has filed to expand its at-the-market equity offerings to $24.5 billion, with plans to channel much of the proceeds into Ethereum purchases.

BitMine now holds 1.2 million ETH worth $5.27 billion, representing nearly 1% of total supply — a 600% jump in just 30 days.

Other major holders, such as SharpLink Gaming and Ether Machine, have also significantly expanded positions, while July saw the sharpest-ever monthly gain in corporate Ethereum balances, up 127% to 2.7 million ETH.

This aggressive accumulation has bolstered sentiment that altcoin season may be near.

For new meme coins like BPENGU, such a backdrop could prove favourable, as traders often rotate profits from large-cap rallies into smaller, high-volatility tokens when market confidence rises.

Timing the penguin meta for altcoin season

Market sentiment is turning bullish. Bitcoin is trading near record highs, Ethereum has been surging, and traders are increasingly eyeing new meme coins as altcoin season stirs.

In the last cycle, penguin-themed tokens became unexpected breakout stars, and BPENGU is billing itself as the natural evolution of that trend — “the next PENGU,” but with Bitcoin-powered tokenomics.

For traders hunting the next viral hit among new meme coins, the waddle might be worth joining before the ice melts on 2 September.

 

 

 

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