LINK’s Proof of Reserve Announcement May Result in Gains
- LINK’s price is slightly down over the last 24 hours.
- Santiment tweeted that there may be a big uptick in LINK’s price.
- Technical indicators for LINK remain bullish.
The price of Chainlink (LINK) is slightly down 0.01% over the last 24 hours according to CoinMarketCap. At press time, the altcoin’s price stands at $7.09. Despite the 24-hour drop in price, LINK’s weekly performance is still in the green at +5.59%.
The blockchain intelligence firm, Santiment, tweeted yesterday that there has been a big uptick in social volume regarding LINK shortly after Chainlink shared its proof of reserve advantages.
The tweet added that the increased crowd interest in LINK may have a positive impact on its price.
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