Price losses have been observed in HEX (HEX) and Chainlink (LINK) following the short bearish price action after the US address by Joe Biden.
But, one project now in its presale has drawn the interest of well-known analysts because they think InsanityBets (IBET) might develop into a fan-favorite platform for global bettors!
Let’s examine each of the three cryptocurrencies more closely to see how they could do in the future.
HEX (HEX) Looking Bearish As Heart Abandons Project
In partnership with HEX (HEX), Animoca Branding just launched the Gryfyn custodial wallet solution. According to the announcement, the wallet will be based on HEX (HEX) and will be a multi-chain solution concentrating on NFTs.
The HEX (HEX) token was not positively affected after this statement and now trades for $0.004299, a decrease of 4.3% for HEX (HEX) in the past 24 hours. In contrast, the trading volume for HEX (HEX) increased by 3.73% at that same time and now sits at $66,139,806.
However, the technical analysis for HEX (HEX) shows a bearish trend forming, with all technical indicators showing red. Experts believe this downward movement will move with HEX (HEX) sinking to $0.002 soon. This is because Richard Heart has abandoned the project.
Chainlink (LINK) Looks Bullish But Analysts Say Look Elsewhere
Chainlink (LINK) recently announced that it had created a strategic collaborative business partnership with PwC Germany to hasten the adoption of corporate blockchain. With the help of this collaboration, Chainlink (LINK) will support PwC-affiliated companies that wish to engage with the blockchain economy.
Chainlink (LINK) is currently worth $20.62, a decrease of 1.50% over the previous 24 hours. Also, the Chainlink (LINK) 24-hour trading volume also fell by 28% and now sits at $240,934,889.
Looking at the technical analysis for Chainlink (LINK), we can also see that all technical indicators and moving averages show strong sell signals. This paints a dire picture of the future of Chainlink (LINK). However, analysts remain bullish for Chainlink (LINK) as they project it could reach $25 by December 2024.
InsanityBets (IBET) Looks To Be 24-25’s Big Bull Run Winner
InsanityBets (IBET) will fundamentally alter the billion-dollar online sports betting business by creating a novel cross-chain betting and gaming platform to let individuals gamble in crypto or NFTs against the house or other participants.
Here are some features that will place InsanityBets (IBET) on the throne as the best online betting platform:
- IBET stakers will get 60% of the profits, and no gas costs will be charged on the NFT marketplace.
- InsanityBets (IBET) will be the first revenue sharing platform to allow using multiple forms of crypto to bet with no email login – something never-before-seen in the online betting industry.
- Every InsanityBets (IBET) game will employ state-of-the-art randomization technology to ensure total transparency for all players.
Coin Flip, Dice, and Rapid Chess are the games (currently in prototype) that InsanityBets (IBET) will introduce to the growing online sports betting market. The founding team is committed to leveraging the funds raised during presale to develop brand-new games while employing cutting-edge technology to ensure consumers get the best possible experience.
IBET will serve as the native token of this platform, giving holders the ability to vote on upcoming game releases and gain access to the GoInsane betting pool. This separate wager pool occurs on the side of each main pool bet. These perks can now be yours for a meager price as IBET is currently in presale, but once it finishes – the price is predicted to reach $1.20!
So sign up now and do not miss this once-in-a-lifetime investment opportunity!
Learn More About $IBET:
Website: https://insanitybets.com
Presale: https://buy.insanitybets.com
X/Twitter: https://x.com/insanitybets
Telegram Community: https://t.me/insanitybets
Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.
