No, it is unlikely that Chainlink will go to zero. Chainlink’s price has seen some volatility in the last few days, with the LINK token dropping 5% suddenly only to subsequently rebound. The fluctuations were due to the debut of the new staking token, which secured $200,000 in its launch. This news was seen as a potential threat to Chainlink whose staking tokens are still in the early stages of development, however, the decline in price was short-lived and the market responded positively to the news. Additionally, the project still has strong fundamentals and a very active development team that is dedicated to bringing more use cases and partnerships to the project, which is likely to provide additional support and stability to the LINK token in the coming months.
Is Chainlink Going to Zero? LINK Price Drops 5% Suddenly as New Staking Coin Secures $200,000
