As Bitcoin dominance drops, Chainlink exploits the market shift

dominance witnessed a slight drop in the recent past. Let’s take a closer look at what’s actually going on.

The rise in popularity had a positive impact on the blockchain’s network activity, as its number of transactions started spiking. However, it was interesting to note that the rise in transactions didn’t help attract more users, as there was not a major change in its new address graph. Apart from that, whales were also stockpiling LINK, as its addresses holding over 0.1% of the supply show a net accumulation of 25 million LINK over the past month.At the time of writing, it was trading at $16.22 with a market capitalization of over $9.5 billion.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Cash (BCH) and Chainlink (LINK) holders discover new token with potential upto 2000% ROIWhile BCH and LINK might offer less short-term potential, attention is shifting towards CYBRO taps into the earning capacity...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Post-halving Bitcoin, Chainlink lead the chatter – What are you missing?Bitcoin and Chainlink have recently seen an increase in the volume of social activity, which means increased attention for the assets.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin dominance falls: Time to stock up altcoins like LINK now?Bitcoin saw a wave of selling last week, and looked to be headed toward the $60k support zone- but could it instead be a buying opportunity?
Source: CryptoAmb - 🏆 22. / 68 Read more »