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The Chainlink team tweeted at 1:51 p.m. ET on Thursday that the staking community pool’s limit of 22.5 million total LINK tokens was “100% filled.” While community allotment has been filled, node operators are still able to stake their LINK tokens because the overall staking pool is capped at 25
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LINK, within the last 30 days, has already visited the $5 region twice, changing hands at $5.96 at one point in November 10 and going to as low as $5.69 on November 21. Since then, the Chainlink network crypto asset has managed to recapture the $6 and $7 territories and is
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The Chainlink network has enabled more than $6.6 trillion in transaction value this year, Nazarov said. Staking is setting the foundation for what the company calls Economics 2.0, its vision for the protocol to scale and become more efficient by providing the right incentives, Nazarov said, something which is necessary
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Nansen considers a wallet to be “smart money” if it is “historically profitable,” meaning it meets at least one of several conditions, including: making at least $100,000 by providing liquidity to decentralized finance (DeFi) protocol, SushiSwap and Uniwap, excluding so-called impermanent losses; having at least more than or equal to
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While Chainlink staking v0.1 will go live on the mainnet on December 6, the LINK price has shown a strong performance over the past week. At press time, LINK was trading at $7.58, and thus up 13.5% over the last week. Still, Chainlink has been going sideways for seven months. However,
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Chainlink (LINK) looks poised for a 25% price rally in the days leading up to its staking protocol launch, based on several fundamental and technical factors.Chainlink’s price rallies ahead of staking launchThe staking feature, which will go live as v0.1 in beta mode on Dec. 6, comes as a part
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Chainlink rallied to a 12-day high earlier in today’s session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed in on a ten-day high. Chainlink (LINK) Chainlink (LINK
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Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22. Overall, LINK has recorded over 12% loss in the weekly chart. The token had surged higher in the day, reaching a
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The exchange’s public wallets hold just over $52,000, data shows. Source
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The cryptocurrency market has been facing high volatility at the time. With Bitcoin recording over 13% loss on the day, altcoins took
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