Chainlink Price Prediction: Did LINK Price Rise Too Fast As Experts Suggest This Altcoin Could 20x By January

The crypto market's September downturn has sparked heated debates about the best coins to buy now. While volatility has gripped Chainlink, large investors have been quietly accumulating more than 6.3 million LINK tokens worth around $135 million. This wave of buying signals that institutions see current prices as an attractive entry point for a potential rally leading into 2025.

The broader selloff has pushed LINK from $25 to just above $21, triggering heavy long liquidations. For many retail traders this was a reason to panic, but seasoned investors believe it could mark the cleansing phase before the next breakout.

Chainlink Whales Accumulate Despite Weak Price Action

Chainlink's decline from late-summer highs near $25 to around $21.81 looks negative on the surface, but on-chain data tells another story. Santiment reports that wallets holding between 100,000 and 1 million LINK tokens bought an additional 2.5 million in the third week of September alone.

Technical indicators also suggest upside potential. Analysts highlight a bullish pennant pattern and a double bottom around $21 that could pave the way for a 28% rally toward $27.86 if resistance at $25.20 is cleared. Exchange outflows exceeding $14 million in one day show that supply is moving off exchanges, which reduces immediate selling pressure.

Beyond the charts, Chainlink continues to strengthen its role in global finance. Partnerships with Mastercard, SWIFT, and over 1,800 blockchain integrations position it as a key player in the tokenization of real-world assets. Forecast models suggest LINK could push toward $53 by year-end if accumulation continues.

Remittix Gains Momentum as a PayFi Disruptor

While Chainlink tests resistance, Remittix https://remittix.io is carving out its own path as a payments-focused crypto project. Targeting the $19 trillion remittance market, it has already raised more than $26.7 million and attracted over 25,000 holders. Many analysts now call it a potential successor to XRP.

Remittix's value lies in execution. Its wallet, now in beta testing, enables direct crypto-to-bank transfers in more than 30 countries and supports 40+ cryptocurrencies with instant foreign exchange conversions. This positions it as one of the first viable crypto solutions for global payments.

Confidence in the project soared after it received the top security ranking from CertiK among all pre-launch tokens worldwide. Confirmed exchange listings on BitMart and LBank have added further credibility. Meanwhile, a referral program offering 15% instant rewards in USDT has early testers reporting sizable weekly returns.

Why Analysts See Remittix as a Breakout Play

● Multi-chain support connecting Ethereum, Solana, and Layer-2 networks

● APIs designed for enterprise-grade adoption

● Deflationary mechanisms to support long-term value

● Seamless conversion from crypto to local currencies, carried out with clear and transparent rates.

● CertiK's number-one ranking confirming strong security

Adding to its appeal, Remittix launched a $250,000 giveaway that has already drawn more than 300,000 entries. The referral program provides straightforward, claimable daily rewards, unlike complex DeFi yield schemes.

As other tokens battle through September's downturn, Remittix https://remittix.io is demonstrating strong momentum with tangible use cases. Between its security validation, confirmed exchange access, and growing community, it is emerging as one of the most promising payment-focused projects heading into 2025.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.

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This release was published on openPR.