Decoding the reasons behind Chainlink's [LINK] crash recovery
Chainlinks Recovery
Modified Date:- Published Date:-Categories: Cryptocurrency
One token that has recently been making up for lost ground in the crypto market is Chainlink [LINK]. New developments on the network are already showing positive reinforcement on local link prices. However, the question remains – what are these changes that have taken place on the network and where does the token performance go from here? Chainlink's native token LINK has increased by 40% since June 24, after bearing the weight of the recent crypto crash. At press time, IT was trading at $7.26 after the decline. The increase is subject to a number of announcements released by the network through its social media platforms. Like other blockchains, Chainlink has also postponed its development in the ongoing bear market. This has made developers more active on the chain than their activity levels over the past few weeks. Over the past 24 hours, The Outer Ring, a sci-fi MMO, released its collaboration with Chainlink. The Outer Ring has integrated with Chainlink VRF to distribute over 350,000 NFTs from lootbox sales.
Decoding, crypto market, Chainlink, Token, Cryptocurrency, Blockchain, Outer Ring