Chainlink (LINK), a cryptocurrency that helps other cryptocurrencies talk to the real world, has gone down by 40% recently! But some experts think it might bounce back. It's like a rollercoaster ride!
- LINK's price dropped, but big investors (whales) are buying more.
- A special number called the MVRV Ratio shows many people who bought LINK recently lost money, which might mean they're done selling.
- Chainlink is working with Ripple to make a new stablecoin easier to use.
- Chainlink is a leader in connecting real-world things to the blockchain.
Fact | Number |
---|---|
Current LINK price | ~$18 |
Possible high price | $23.70 |
Important low price | $15.50 (losing this would be bad!) |
Whales bought in last 24 hours | $20 million |