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Chainlink (LINK) and Three Low-Cap Altcoins Could Witness More Rallies Amid Strong Network Activity: Santiment

According to analytics firm Santiment, Chainlink and three other altcoins may experience further price surges due to bullish on-chain data readings. Santiment notes that Chainlink's decentralized oracle network has seen a rally due to increased unique address activity, with the highest level in two months recorded at 3,964 addresses. The firm also suggests that if market participants remain indifferent to Chainlink's performance, it may witness more rallies. Additionally, Santiment is keeping a close eye on Loom Network, Frontier, and ImmutableX, which have all outperformed the broader crypto markets due to increased adoption.

Chainlink Chainlink $24.81
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