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Cryptocurrencies Price Prediction: Chainlink, Ethereum & Notcoin — Asian Wrap 17 May

LINK price jumps 10% as Chainlink races toward tokenization of funds

Chainlink (LINK) price has remained range-bound for a while, stuck between the $16.00 roadblock to the upside and $13.08 to the downside. However, in light of recent revelations, the token, which powers the verifiable web of the decentralized computing platform, may have further upside potential.

Ethereum drops below $3,000 again, spot ETH ETF sparks debate in crypto community

Ethereum again went below the $3,000 key level on Thursday after posting signs of a rally. The recent price action follows several predictions from the crypto community regarding the Securities & Exchange Commission's (SEC) decision on spot ETH ETFs next week.

Gaming token Notcoin down by almost 50% after airdrop launch

NOT experienced a rapid decline hours after its anticipated launch on Thursday, shedding almost 50% of its value. This continues the cycle of huge selling pressure faced by cryptocurrency airdrops after their launch, especially the launch of gaming tokens in recent times.

 

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