Chainlink Rises as Bitcoin Dominance Remains Steady Amidst Market Rotation
The cryptocurrency market experienced a week of rotation, where some assets rose while others fell. Chainlink led the pack, increasing by 13.7% across seven days, followed closely by Monero with a 5.0% gain. On the other hand, Cardano lost 10.0%, Uniswap fell 18.5%, and Pepe dropped 11.5%. Bitcoin's dominance remained steady at 56.14%, holding nearly two-thirds of the $2.252 trillion market.
The Altcoin Season Index is often used to measure whether altcoins are performing well relative to Bitcoin. However, a single strong week from Chainlink does not constitute an alt season. A true alt season requires most large coins beating Bitcoin together over a longer period, which was not the case on August 18, 2026.
The $BULLSKI presale is currently in stage two, where it's priced at $0.000015. The sale has already sold out its first stage and is allocating tokens to buyers based on their contribution level. Despite some assets experiencing a downturn, the market remains volatile, and investors should exercise caution.
The $BULLSKI presale continues to gain traction as more people become aware of it. With its unique pricing mechanism and allocation structure, it's an attractive option for those looking to invest in meme coins. However, investors must be aware of the risks involved in trading cryptocurrencies and should do their own research before making any investment decisions.