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Linq (LINQ) is a young crypto project that seeks to create a seamless and secure ecosystem where its users can build meaningful connections and explore various opportunities in the DeFi and social media sectors.
The project has been out for less than a month, but already, it has seen quite a bit of volatility. Most of it has so far been beneficial for its price.
LINQ launched in mid-August, and its price started to surge as soon as it entered circulation. Starting at around $0.026, it quickly rose to nearly $0.4. This has been its most considerable resistance thus far.
The token’s price stopped short of reaching this level, hitting an ATH at $0.3808 on August 28.
As we entered September, however, its price saw a substantial correction, likely caused by a bear market that’s hit the entire crypto sector.
The token reached its support at $0.050 around September 4, after which it spent the subsequent four days trading sideways, with minimal fluctuations.
The bulls returned on Sept. 8 and started pumping its price up again. LINQ went up from $0.05 on September 8 to $0.128 the next day.
Over the next several days, the token kept seeing gradual growth, which took it back to $0.1614, where it sits at the time of writing.
In the past 24 hours, LINQ’s price increased by almost 30%. However, the token saw a positive growth of 122% every week. The most impressive part can be seen on its 30-day chart, however.
The chart shows a 503% price surge, measuring the token’s price now at $0.16, compared to its starting price of $0.026. If we remember that LINQ reached an ATH at nearly $0.4, it went up by over 1,000% during the first two weeks of its existence.
LINQ becomes trending token
As mentioned, LINQ’s mission is to bring a new user engagement and interaction era. Its platform is an innovative hub that integrates crypto and blockchain to offer new opportunities.
The project announced recently that staking will become available soon, with a 2,000% APR when it arrives.
$LINQ token staking is coming soon. 2,000% APR when #STAQING opens. pic.twitter.com/Ot6Z8Q2JJ4
— LINQ (@linq_group) September 7, 2023
It will be interesting to see where the project will go and what new services and options it will deliver over time.
Wall Street Memes makes one last call to action
As popular as LINQ has been over the past few weeks, other hit tokens emerged this summer. Another excellent example is Wall Street Memes (WSM), a meme coin inspired by a subreddit called WallStreetBets. The subreddit consists of amateur investors who caught the eye of the public in 2021.
Back then, they stood up against institutional investors who were shorting stocks of multiple companies, seeking to profit while damaging these firms along the way.
The token is a way to commemorate their struggle, and during the summer, it held a presale that raised over $25 million. The token is still available for purchase but is now in its last presale stage.
It can be obtained in exchange for ETH, USDT, or BNB or purchased via credit card for $0.0337 per unit. The listing will take place in 15 days when it will enter circulation. It will be interesting to see if its price might mirror LINQs and skyrocket after going live.
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