Litecoin (LTC), Chainlink (LINK) Search Rebound, Clandeno (CLD) ICO Opens Targeting Fair Distribution

A handful of altcoins are in search of an opportunity at a rebound. Litecoin (LTC) is seen as a cut price beneath $100, whereas Chainlink (LINK) boasts its main standing as oracle supplier to achieve the next valuation.

A handful of altcoins are trying to rebound. Litecoin (LTC) is seen as a bargain below $100, while Chainlink (LINK) boasts its top position as oracle provider to reach the next valuation. In the case of a bull market, some predictions see Litecoin (LTC) easily regain $200. Chainlink (LINK) may also be due for a hike to $50. The Clandeno (CLD) ICO campaign open now uses the renewed bullish moods of the market to prepare its launch and reach a vast pool of interested traders.

Litecoin (LTC) rebounds from lows, eyes three-digit prices

Litecoin (LTC) traded at $69.48, after recovering from lows near $63. The asset has been in a descending pattern for years, ranging between predictions of a continued drop, or a rally to rival other blue chip coins. Litecoin (LTC) may attempt a recovery, with $200 seen as a possible target in the case of a bull cycle.

Litecoin (LTC) is one of the assets with the most active turnover of coins. On busy days, more than 52M coins change hands. Litecoin (LTC) is supported by a combination of older whales and long-term holders, as well as everyday users. Litecoin (LTC) is influential in online shopping and crypto payments, as well as transfers of funds between exchanges due to low fees and relative price stability.

Chainlink (LINK) potentially targets $50

Chainlink (LINK) secures protocols with over $22B in nominal value, and is one of the most widely used oracles in crypto. At the same time, Chainlink (LINK) is still stagnant, trading at $12.37, despite expectations of breaking the $30 barrier in the summer.

Chainlink (LINK) has operated as a utility token for years. Despite staking, Chainlink (LINK) is still forced into its lower price range. Chainlink (LINK) has peaked near $50, though anticipating a much higher valuation. Downward pressure on Chainlink (LINK) may come from the still locked supply. Only 56% of Chainlink (LINK) is in circulation, anticipating more tokens to enter the market in coming years.

Clandeno (CLD) ICO opens with fair distribution

Clandeno (CLD) aims for a more fair distribution, which will not hinder its upside after the ICO. The Clandeno (CLD) platform has allocated the larger portion of its supply for the presale events. Clandeno (CLD) will distribute 365M tokens, out of a total supply of 525M, with a relatively small public allocation.

Clandeno (CLD) is building an open platform for crypto-powered e-commerce. The Clandeno (CLD) revenue model will hinge on commissions, fees, as well as subscription for premium access to features.

To find out more about the Clandeno presale, visit their website here.

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