Inside Chainlink’s [LINK] quest to fit into place amid market resurgence

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As the crypto market maintains revival, tokens like Chainlink [LINK] have found it challenging to grab a share of the widespread positive sentiment. According to on-chain data, several projects have enjoyed an array of investors’ participation since the ecosystem stabilized at the detriment of the bears. How many are 1,10,100 LINKs worth today? Despite being ranked […]

According to on-chain data, several projects have enjoyed an array of investors’ participation since the ecosystem stabilized at the detriment of the bears.Despite being ranked #21 in terms of market capitalization and staying on the watchlist of over 1 million prospective investors, LINK’s contest for adoption was a scuffle.to 665,850. As inferred from its name, the metric measures the number of addresses holding a positive number of cryptocurrencies.

But a thorough look at the data above shows that the decline has been there since January. This puts the option of slow traction above the selling pressure effect. LINK, 87.36% down from its All-Time High , has only managed a 1.44% value increase in the last 30 days. This was mainly in contrast to the trend displayed by

 

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