Why Chainlink (LINK) and FTX Token (FTT) Holders Are Looking at Zig Network (ZIG)

Investment in cryptos requires one to be vigilant and trust their intuitions before putting funds in a coin. The market comes with multiple

As the crypto market continues to experience significant volatility, investors are constantly seeking new opportunities to maximize their gains and minimize their risks. Among the emerging projects that have caught the attention of Chainlink (LINK) and FTX Token (FTT) holders is the Zig Network (ZIG). Here's a closer look at these tokens and how Zig Network fits into the picture.

Chainlink (LINK) recently saw a moderate price increase as it rose by 5.3% to reach $12.02 during the early trading hours in London on Friday. This price movement comes as Bitcoin made a strong rally, pushing past the $69,000 mark and positively impacting a large portion of the crypto market.

Chainlink also gained attention during the recent Sibos 2024 conference, where its partnership with SWIFT was highlighted. This collaboration aims to bridge the gap between traditional finance and blockchain, which could increase the demand for Chainlink's Oracle services. As Chainlink holders look to capitalize on these developments, some are considering alternatives like Zig Network due to its unique staking model.

FTX Token, on the other hand, experienced a price stabilization between $1.43 and $2.94, which reflects the challenges faced by the token over the past year. Following FTX Token's bankruptcy proceedings, its growth was hindered by a lack of investor confidence.

However, the token showed some resilience by remaining above its 100 day simple moving average, indicating a neutral momentum in the market. While FTX Token trades within a crucial range, it faces resistance around the $4 level, which could limit its immediate price action.

Despite being in a positive technical setup, FTX Token's growth potential appears to be limited by the broader market conditions and the legal proceedings surrounding FTX's bankruptcy. As a result, some FTX Token investors might prefer to explore other options for higher growth potential with lower risk.

Emerging as a new player in the crypto space, Zig Network is designed to provide a steady income stream for its users. The network operates a revenue sharing model, where users earn a portion of the platform's transaction fees as passive income.

This mechanism is intended to encourage long-term holding and consistent engagement on the platform. Depending on their VIP status, users can earn up to 14% annually in staking rewards.

In addition to its unique reward system, Zig Network emphasizes accessibility and security. A Zig debit card is linked to token balances, allowing users to make purchases in the real world, bridging the gap between traditional finance and crypto. A VIP system is in place to reward loyal participants with higher returns, creating a fair reward structure that appeals to both Chainlink and FTX Token holders.

In a market where stability and income are key, Zig Network's model is carving a niche that is likely to grow as more investors seek reliable returns. To learn more about the Zig Network, you can use the links below:

Participate in the Zig Network

Read the Zignet Whitepaper

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