Chainlink Among Top Crypto Gainers as Price Pumps 7%, with TGC Token Also Bullish

Chainlink (LINK) saw yet another price pump today, with the token’s value now up over 7% in the last week.

This makes Chainlink one of the top-performing major cryptocurrencies this week, alongside the likes of Galxe (GAL) and Worldcoin (WLD).

Meanwhile, new crypto casino T.G Casino (TGC) is making impressive moves in its presale phase, raising over $210,000 in its first week as investor hype grows.

Chainlink’s Price Potential & Rising Volume Pique Investor Attention

At the time of writing, LINK is trading for $7.36 – slightly below the level of early August.

LINK has posted two bullish weekly closes in a row and looks likely to make it a third this week, as the positive momentum around the token shows no signs of slowing.

Although LINK is still trapped in a wide range when zooming out on the weekly price chart, the token shows signs of potential, especially given the consistent daily price pumps.

Importantly for investors, Chainlink’s price is now testing the 50-day Exponential Moving Average (EMA) as resistance on the weekly chart.

If the price were to break above this EMA, it could signal that the bulls are in control, potentially paving the way for LINK to break out of its trading range.

On the other hand, if LINK fails to break the EMA, it could indicate continued sideways, or even bearish, movement - possibly sending the token back to early September's lows.

Game-Changing Partnerships Fuel LINK Price Rise

According to CoinMarketCap, LINK trading volume hit $245 million in the past day, a 26% increase from the previous 24 hours.

This makes LINK the 11th most traded cryptocurrency in the world, ahead of market stalwarts like Litecoin (LTC) and Solana (SOL).

Many attribute the rise in LINK's value to its recently announced partnership with the Ethereum layer-2 scaling protocol, Arbitrum.

The mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One has been a significant development, allowing for the creation of cross-chain decentralized applications (dApps).

In turn, this opens up possibilities for things like cross-chain tokenization or cross-chain gaming.

Moreover, Chainlink’s collaboration with other Ethereum scaling solutions, like StarkWare, has further boosted its position in the market.

These partnerships, combined with Chainlink’s technical standing, are likely driving increased interest and investment in LINK tokens.

Presale Star T.G Casino Hits $210,000 as Investor Hype Reaches Fever Pitch

While Chainlink benefits from positive investor sentiment, the new presale project T.G Casino (TGC) is also capturing significant attention from investors.

The project has raised over $210,000 in the first week of its presale, drawing the attention of crypto enthusiasts worldwide.

Much of the buzz around T.G Casino is due to its revolutionary revenue-sharing model and no-KYC requirements, which streamlines the user experience.

According to T.G Casino’s whitepaper, the platform aims to offer a completely different approach to most online casinos by distributing a portion of its daily revenues to TGC token holders and stakers.

T.G Casino is fully licensed and regulated by Gaming Curacao and has passed a full security audit by Coinsult with no issues, offering a layer of trust to potential TGC investors.

The platform is also built exclusively on the Telegram messenger app, meaning it's primed to take advantage of its 700+ million monthly active users (MAUs).

Prospective investors can buy TGC tokens through the presale for $0.125 per token, using either ETH or USDT.

With 40% of the total supply (100 million TGC) allocated for the presale and a further 20% reserved for exchange liquidity, T.G Casino's tokenomics suggest the development team is focused on the long term.  

It seems that investors are quickly recognizing the project’s potential – and with stakers able to obtain yields of 2,132% at the time of writing, T.G Casino is becoming hard to ignore.

Visit T.G Casino Presale

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