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$2.41 -1.16602
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$0.0000314 5.49612
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$0.0000219 2.56861
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Chainlink bulls target $8; experts list LINK alternatives for consideration in October

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Chainlink bulls target $8; experts list LINK alternatives for consideration in October
  • Chainlink (LINK) might rally past $8 
  • NuggetRush (NUGX) aims to redefine meme coins with utility. 
  • TRON (TRX) could surge above $0.090 amid rising adoption

Crypto analysts predict LINK to break above $8 in the near future. Meanwhile, experts are looking at NuggetRush and TRON in October.

Chainlink may rally above $8 on partnerships and ecosystem growth

Chainlink bulls target $8; experts list LINK alternatives for consideration in October - 1

LINK surged to $8.23 on Oct. 2 before the markets retraced. Despite this, LINK only dropped 10% and has since consolidated around $7.33. 

Analysts suggest Chainlink’s recent integration into seven blockchains and partnership with Google Cloud on Oct. 12 is causing the current sideways movement.

Market participants are bullish on LINK, expecting prices to rally above $8 in the coming few months. 

NuggetRush adds utility to meme coins

NuggetRush is a play-to-earn game (P2E) and a meme coin launching on Ethereum. The platform’s players can build mining operations to extract minerals and other assets. 

These items include Character and rare non-fungible tokens (NFTs) such as RUSHGEMS that can be traded on a peer-to-peer (P2P) marketplace. 

NUGX, the native ERC-20 token, is available for $0.010 in stage 1 of the ongoing presale. 

So far, over 60% of NUGX allocated in this funding round has been sold. Prices will rise to $0.012 in the next round.

Even so, bulls expect prices to rise to $0.020 before launching. 

TRON might reclaim $0.090 in 2023

TRON has been firm in the ongoing bear market. TRX prices rallied to as high as $0.090 on Oct. 4. Although prices pulled back by 5.5% to $0.085 by Oct. 15, prices recovered, bouncing to $0.088 on Oct. 17. 

The coin’s resilience could be because of TRON’s ecosystem growth. There were over 190 million unique accounts as of Oct. 15. Moreover, TokenPocket Wallet announced its full support for WalletConnect V2 for TRON on Oct. 16. 

Experts are bullish, expecting TRX to break above $0.090 in 2023.

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