Two popular altcoins, MINA and LINK, have recently experienced significant gains amidst the latest ETF excitement. However, these surges, similar to downturns, are not everlasting. With BTC undergoing a correction, sellers have been activated for these cryptocurrencies as well. Both are known for their technology, attracting long-term investors despite the current market volatility.
MINA Coin is undergoing leadership changes, with key positions in the technology team being handed over to new individuals. These changes, including the CEO’s position, may cause some concern among investors, particularly regarding the continuation of complex development processes without disruption.
Despite not having a massive product yet, MINA Coin’s ambitious technological goals have kept it in the spotlight for years. Investors may grow concerned about potential failures if development and testing are prolonged. The management of these processes will be crucial to maintaining investor confidence.
Price-wise, MINA Coin could revisit peaks of $1.33 and $1.66 if it closes above $1.0591, but may fall back to supports at $0.955 and $0.88 if it closes below. Meanwhile, BTC is pushing the $42,000 mark, and an increase in volume could signal a more likely upward trend.
LINK Coin, associated with the DeFi ecosystem through Chainlink, has made significant early strides in the Real World Assets (RWA) domain. Developments such as CCIP and partnerships with Swift have raised future expectations. LINK’s price, currently at $14.19 with a 3% daily increase, could be supported by the expansion of its staking pool. If LINK maintains its momentum, it could aim for higher targets beyond $20.