Throughout “Uptober,” one could feel the onset of a new crypto market rally, but the last US election sped things up. Donald Trump’s victory ushered in a boom that is now presenting compelling opportunities for any smart investor not only to enhance their portfolios but also to rake in massive profits.
This article takes a close look at Solana and Chainlink, two popular tokens that are expected to appreciate excellently in this imminent crypto market rally. But are they the best coins one should invest in to make a killing during this bullish era?
LINK price boom goes under the radar
Chainlink is a decentralized cryptocurrency oracle network. It provides critical infrastructure for smart contracts across various blockchain networks, ensuring that they operate in a smooth and effective manner. Although it is not as flashy as most coins, LINK has a solid foundation and a proven track record of being stable and operational.
Due to its less glossy stature, the recent LINK price boom seems to have gone under the radar. The LINK price soared by over 30% in the last 30 days, and there isn’t much about it online. Should Solana or any of its meme coins appreciate that much, social media would’ve been agog and singing their praises.
As a result, many investors aren’t aware of LINK’s growth potential. Given that Chainlink plays a crucial role in the performance of decentralized applications, it’s got a good chance to appreciate handsomely in the coming months. A crypto market rally would cause increased traffic on its network, which would lead to increased revenues and, subsequently, a serious price boom.
Solana overtakes BNB to take 3rd spot
Solana is now the fourth-largest cryptocurrency by market cap after a series of rallies in the last couple of weeks. Following the US election results, Solana broke through the $190 barrier for the first time in 200 days, appreciating by over 30% in the 72 hours after Donald Trump’s victory.
Solana’s market cap is now $92 billion strong, dethroning Binance Coin, which had occupied the coveted position for over a year. At the same time, Solana is inching closer to the Big 2 in terms of network activities and transaction volume as it keeps accelerating at an unprecedented pace.
These indications suggest that SOL is gearing up for a monster rally that would fetch new and old investors’ enviable profits. Backed by a strong, vibrant community and lots of hype, Solana could well hit a new all-time high with this rally.
Should you add SOL or LINK to your crypto portfolio?
Smart crypto investors are not picky about their portfolios. Instead of going all in on either SOL or LINK, they diversify and invest in both coins. That’s because these two tokens are established projects with enough stability and favorable market sentiments to bring about decent profits.
But for investors who want to increase the margins of their diversified portfolio, taking a stab at Lunex Network is the way to go. This new project powers a hybrid exchange with loads of innovative functionalities. It is currently available at $0.002, and primed to ride the upcoming bull run to the finish line.
You can find more information about Lunex Network (LNEX) here:
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