Cryptocurrencies Price Prediction: Chainlink, Arbitrum & Fetch.ai — Asian Wrap 19 February
|Chainlink’s large wallet holders pull $216 million worth of LINK out of exchanges, fuel gains
Chainlink has noted accumulation by entities and holders in the past two weeks. The altcoin recently rallied to a peak of $20.85 on February 12.
Arbitrum captures lion share of derivatives transaction volume, ARB price likely to revisit 2024 peak
Arbitrum has captured a large volume of the derivatives transaction volume, according to data from DeFi intelligence tracker DeFiLlama. In the past week, Arbitrum dominated other derivatives protocols with $15.44 billion in trade volume.
Fetch.AI breaks into massive rally alongside AI tokens, FET price hits two-year high
FET, the native token of Fetch.AI, a platform used to build and monetize AI applications, hit a two-year peak. OpenAI’s announcement regarding its text to video generation tool likely catalyzed these gains in AI tokens.
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