 Chainlink | LINK 🔷
2023-10-22

The price of Chainlink aka LINK is $9.23 today with a 24hour trading volume of 1.5 billion dollar. This represents a 18% price increase in the last 24 hours and a 26% price increase in the past 7 days.with a circulating supply of 560 Million LINK, Chainlink is valued at a market cap of 5 Bil$.

During the LINK price increase, Korean exchanges Bithumb and Upbit accumulated a total of 945K LINK token which worth 9 million dollar. 

Exchanges hold 202.6M LINK which worth over 2billion dollar and its 20.25% of the total supply and there are 37.45M LINK 355.8 million dollar staked by holders.We analyze 81 link big whales and they have currently accumulated 11M LINK token which worth over 80 million dollar from Binance since Sept 19.

Since May 2022 link price as you see stocked in a 5-9$ channel. 5 - 5.5$ is a link dip and 9.9$ is a big link resistance.most indicators looks strong as well

Chainlink Staking V0.2 will feature some upgrades over its previous version such as dynamic rewards, better security, and more staking flexibility. LINK could see a substantial surge in demand once Chainlink Staking V0.2 is rolled out. However, it will likely not have that much of an impact on its price action. This is because most of the price impact on LINK comes from speculative trading.

An impact on LINK’s price action would be more apparent if the Chainlink Staking V0.2 rollout triggers a substantial sentiment shift in the market. The announcement already triggered a sizable spike in social dominance in the last 24 hours

whats your nest targets for link and how bullish are you?



