Chainlink’s LINK Token Taps 22-Month High of $18, Ending Three-Month Breather
Analysts consider LINK as the safest bet to profit from the tokenization narrative.
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Analysts consider LINK as the safest bet to profit from the tokenization narrative.
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The blockchain-oracle project’s “v0.2” staking program expanded the capacity to 45M LINK tokens from 25M, and the portion reserved for the community quickly filled up. The LINK token surged in price.
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.
The uptick comes as the company has secured a number of notable partnerships with traditional finance institutions.
An Ethereum wallet funded by a beneficiary of the Multichain exploit has sold $1.8 million worth of WOO Network (WOO) tokens on Uniswap, causing the price to slump by 8%.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the “digital asset” category, which some say bodes ill for DeFi.