The odds of Chainlink continuing its bull rally are...
growth pace seemed to have halted. After registering double digit weekly gains, the token’s price just moved marginally in the last 24 hours.However, new data revealed that investors were still willing to hold onto their tokens. Such episodes reflect investors’ confidence, which could translate into a price hike in the coming days.price increased by more than 10% in the last seven days. However, the momentum slowed down as the token’s price only moved up marginally in the last 24 hours.
At the time of writing, it was trading at $5.85 with a market capitalization of over $3 billion, making it the 23rd largest crypto.revealed another interesting development in the Chainlink ecosystem. As per the tweet, 82.9% of Chainlink investors were holding their tokens at a loss. This meant the investors were highly confident in the token.’s supply on exchanges increased while its supply outside of exchanges declined.
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