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Litecoin (LTC) Rebounds from Lows, Eyes Three-Digit Prices; Chainlink (LINK) Potentially Targets $50; Clandeno (CLD) ICO Opens with Fair Distribution

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Release: 2024-07-17 20:01:52
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A handful of altcoins are looking for a chance at a rebound. Litecoin (LTC) is seen as a bargain under $100, while Chainlink (LINK) boasts its leading

Litecoin (LTC) Rebounds from Lows, Eyes Three-Digit Prices; Chainlink (LINK) Potentially Targets ; Clandeno (CLD) ICO Opens with Fair Distribution

Several altcoins are poised for a potential rebound amid the market's renewed bullish sentiment. Litecoin (LTC) is attracting attention as a bargain asset with a price below $100, while Chainlink (LINK) is touted for its leading position as an oracle provider, hinting at a higher valuation. In the event of a bull market, some predictions suggest that Litecoin (LTC) could effortlessly regain the $200 price point, whereas Chainlink (LINK) might be due for a surge to reach $50.

Meanwhile, the Clandeno (CLD) ICO campaign is now open, aiming to capitalize on the positive market mood for its launch to reach a broad pool of interested investors.Litecoin (LTC) Attempts to Recover from Lows, Targeting Three-Digit PricesLitecoin (LTC) is currently trading at $69.48, recovering from lows around $63. The asset has been on a descending trend for years, with predictions ranging from a continued drop to a rally that could rival other blue-chip coins. Litecoin (LTC) might attempt a recovery, with some predictions indicating a potential target of $200 in the event of a bull cycle.

As one of the assets with the highest coin turnover rates, on active days, over 52M Litecoin (LTC) coins are traded. A mix of older whales and long-term holders, as well as everyday users, support Litecoin (LTC). Due to its low fees and price stability, Litecoin (LTC) plays a significant role in online shopping, crypto payments, and fund transfers between exchanges.Chainlink (LINK) Might Be Targeting $50Chainlink (LINK) secures protocols with over $22B in nominal value, being one of the most widely used oracles in crypto. At the same time, Chainlink (LINK) is still showing signs of stagnation, trading at $12.37, despite expectations of breaking the $30 barrier in the summer.

For years, Chainlink (LINK) has functioned as a utility token. Despite staking, Chainlink (LINK) is still being pressured into its lower price range. While Chainlink (LINK) has peaked at around $50, it is still anticipating a much higher valuation. The still-locked supply might put negative pressure on Chainlink (LINK). Only 56% of Chainlink (LINK) is in circulation, with more tokens expected to enter the market in the coming years.Clandeno (CLD) ICO Commences with a Fair Distribution StrategyClandeno (CLD) is aiming for a fairer distribution that won't hinder its upside after the ICO. The Clandeno (CLD) platform has allocated the majority of its supply for presale events. Out of a total supply of 525M, Clandeno (CLD) will be distributing 365M tokens, with a relatively small team allocation.

Clandeno (CLD) is creating an open platform for crypto-powered e-commerce. The Clandeno (CLD) revenue model will be driven by commissions, fees, and subscriptions for premium access to features.To learn more about the Clandeno presale, visit their website here.

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source:kdj.com
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