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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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The Link team is working on establishing its own reserves, which is quite significant. Currently, the project does not have the backing of a consortium reserve, but the team's proactive layout is clearly paving the way for the involvement of external forces such as publicly listed companies in the future.
Looking to the future, if altcoins want to establish themselves for the long term, projects backed by cryptocurrency consortiums are undoubtedly more resilient. If Link adds expectations for an ETF application, with multiple favorable conditions stacking up, its development potential is worth noting. This proactive bottom-building strategy may be aimed at securing a more advantageous position in industry competition.
Looking to the future, if alts want to establish a long-term foothold, projects supported by encryption consortiums are undoubtedly more resilient. If Link combines this with expectations for an ETF application, the multiple favourable information buffs will enhance its development potential, which is worth paying attention to. This kind of proactive bottom-building layout may be aimed at securing a more advantageous position in industry competition.