Chainlink (LINK), a type of cryptocurrency that helps connect blockchains to real-world data, has gone down in price recently. But there are reasons to think it might go back up!
- Many people holding LINK aren't selling it.
- An ETF (like a special investment fund) might be approved, bringing more money into LINK.
- Chainlink is a big and important part of the cryptocurrency world.
| Thing | Number/Fact |
|---|---|
| Highest LINK price this year | $30.78 |
| Lowest LINK price recently | $17.40 |
| Possible future high | $35 (or even $30 first) |
Think of it like this: fewer people selling their LINK is like keeping a popular toy. If an ETF is approved, more people may want to buy it, raising the price. Chainlink’s importance also makes it valuable.
