Chainlink Launches LINK Staking V0.2, What You Need To Know
Chainlink, the leading player in the decentralized Oracle network sector, has officially announced the launch of Chainlink Staking v0.2, slated for this year. This update is a significant step forward from the previously launched v0.1 version, offering enhanced features and broader participation avenues for the Chainlink community. According to the announcement on X, the v0.2 […]
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LINK price broke its downtrend and rallied to $9 after the developers released a roadmap and announced that Chainlink 2.0 includes token staking. Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action.The latest token to get a bump in its price after announcing the upcoming implementation of staking is Chainlink (LINK), the decentralized oracle network that provides important off-chain information needed for the proper functioning of smart....
LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation. Chainlink (LINK) returned to mimic the broader crypto market downtrend as its price fell alongside top coins Bitcoin (BTC) and Ether (ETH) on Nov. 8. LINK plunged by as much as 10% into the day to reach $8. While BTC and ETH slipped by approximately 6.5% and 9%. That contrasts with the trend witnessed on Nov. 7, wherein LINK rallied 14% to $9.25, its three-month high, while BTC and ETH dropped 1.5% and 0.5%, respectively.LINK/USD two-hour price chart.....
LINK price holds strong above 50 EMA on daily timeframe with a string. LINK rallies as price eyes $10 ahead of its announcement of staking. The price faces resistance at $9 in the weekly timeframe. Chainlink (LINK) price showed bullish strength recently, but the price has struggled to break above key resistance against tether (USDT). With its intending staking in December 2022, there is high hope of a major rally for the price of Chainlink (LINK). Despite the uncertainty, the price of LINK has looked decent, holding up pretty well as other altcoins drop significantly in price and value.....
In past weeks, the Chainlink (LINK) price showed so much strength against tether (USDT) as the price of Chainlink broke out of a range as price rallied to a high of $10. The price of LINK has recently faced resistance to trend higher as the price eyes weekly support. (Data from Binance) Related Reading: Cradles’ New SIN System Allows You To Earn By Staking Into NFTs Of Elite Players Chainlink (LINK) Price Analysis On The Weekly Chart LINK prices have dropped from around $10 to $7, finding price trading in a range as the price of LINK tries to break out of this region. LINK saw a weekly....
Following the release of its staking roadmap, Chainlink’s LINK native token performed quite impressively. First, it released its long-awaited roadmap revealing various phases it will go through. Recently via blog post on its official website, Chainlink cited “Chainlink Economics 2.0.” The blog highlighted the aim to implement crypto staking to scale the network. While doing so, the post emphasized that the data oracle is planning to collaborate and accept other blockchains to offer “growth and security.” New Staking Roadmap Dubbed Chainlink Economics 2.0 Staking the LINK token has been a....