How Chainlink’s (LINK) 22% rally could be just the start

How Chainlink’s (LINK) 22% rally could be just the start

Despite a slight pullback in Bitcoin and Ethereum prices, Chainlink remains strong. With a 22% rally in the last week and 4.1% on the daily chart, LINK stands as one of the biggest gainers in the top 10, trading at $33.07, at the time of writing. From the traders’ perspective, LINK’s price structure is highly […]


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More than 80% of LINK is controlled by 125 wallets

New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply. According to crypto market data aggregator Glassnode, Chainlink’s (LINK) token distribution is at record levels of centralization — with more than 80% of LINK not held on exchanges currently residing in the top 1% of Chainlink wallets. Glassnode’s research found that 81% of LINK not held on crypto exchanges of smart contracts is currently stashed away in 125 wallets, with the number of tokens held by Chainlink’s whales steadily increasing over the past two years.When including....

LINK Price Prediction: Chainlink Needs To Clear $6.25 For Hopes of a Fresh Rally

Chainlink’s LINK price is holding the $5.75 support zone. The price could start a fresh increase if it clears the $6.25 resistance zone. Chainlink token price is showing positive signs above $6.0 against the US dollar. The price is trading above the $6.05 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $6.10 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could gain bullish momentum above the $6.25 resistance zone. Chainlink (LINK) Price Eyes Fresh Recovery After a major decline, LINK price....

LINK Price Pumps 40% In Three Days, Why Bulls Are Not Done Yet

Chainlink’s LINK price is up over 40% and trading above $10. The bulls seem to be in control and might aim a rally toward the $12 resistance. Chainlink price is gaining pace above the $10.00 resistance against the US dollar. The price is trading above the $10.00 level and the 100-day simple moving average. There is a key bullish trend line forming with support near $8.60 on the daily chart of the LINK/USD pair (data source from Kraken). The price could continue to move up toward the $11.25 and $12.00 resistance levels. Chainlink Price Starts Fresh Rally In the past few days, LINK price....

Chainlink’s Hackathon offers $125K in bounties, LINK going to $100?

With a start date of March 15th, The Spring 2021 Chainlink Virtual Hackathon records more than 3,500 participants. According to an official post, the participants are “building the next generation of smart contracts”. The event will end on April 11th. However, those who wish to claim the $125,000 will have until today to register and […]

Chainlink’s LINK Cryptocurrency Hits New Record Price High

The cryptocurrency is now up 105% since Jan. 1, 2021.