Ethereum’s most used Chainlink network that lets the integration of off-chain data into smart contracts is now having a bearish move all the way from May 2021. There were some bumps that could provide a breakout but the crypto market has to burst because nothing is permanent. Today it fluctuates between $13 and $14 at a daily volume of $324k.
While the market is bleeding LINK token is thriving to hold above $13. Holders believe in its future rocketing price for its value-adding developments. This year the token is obviously having trouble getting new buyers. Therefore it might rocket again next year or even in 2024. If you are holding it you are the smartest investor in the crypto world.