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LINK price analysis as Hong Kong taps Chainlink for CBDC pilot project

  • Chainlink's CCIP enables a Hong Kong CBDC and Australian dollar stablecoin swap, sparking fresh investor interest in LINK.
  • LINK price breaks $15 with reduced volatility and increasing momentum, outperforming Bitcoin and Ethereum.
  • Rising LINK derivatives volume signals strong bullish sentiment, as traders anticipate a continuation move.
  • Chainlink's role in facilitating cross-border payments in Hong Kong's CBDC pilot project contributes to the positive market sentiment for LINK.

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