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- LINK has made impressive strides in network activity, but the exit of whales has put a dampener on the surge
- Can retail capital and Trump’s advocacy give LINK the boost it needs?
Just two weeks ago, Chainlink [LINK] lit up the charts with a massive 21% single-day surge, thanks to a $1 million purchase by World Liberty Financial (WLF).
This explosive rally, supercharged by the “Trump pump,” pushed LINK into the spotlight as a key player in the intersection of politics and crypto. However, as quickly as the hype surged, it soon fizzled. And, that had a corresponding effect on the altcoin.
At the time of writing, LINK had retraced to around $22.8, with a bearish MACD crossover hinting at further downside. Hence, the question – How will the altcoin fare in the upcoming year?
LINK’s comeback is FOMO worthy
Over the last four years, Chainlink has made incredible strides. The number of addresses on its network has surged from 213k to 690k. Also, in December, its total value locked (TVL) crossed $1 billion for the first time.
What’s even more intriguing is the shift in LINK’s…
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