Chainlink Wealth Gap Widens as Top 1% Own Over 80% of LINK

LINK, the native cryptocurrency of the Chainlink decentralized oracle platform, has hit a three year high.

The news is good for LINK holders, however, not necessarily on the wealth equality scale. The top 1% of holders now own over 80% of the supply, According to Glassnode.

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LINK’s Breakout Could Eventually Take It to $15 – BeInCrypto

The ChainLink (LINK) price has broken out from a downtrend line that had been in place for more than two months.

Despite this, the price has failed to considerably increase after the breakout and has yet to clear a crucial resistance level, which would be a sign that the trend is bullish.

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Chainlink Snags Blockchain Star to Support DeFi Scene – BeInCrypto

Ben Chan, former BitGo CTO & WBTC DAO architect, has joined Chainlink Labs as vice president of engineering.

He will use his experience building infrastructure for crypto to help Chainlink grow.

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Altcoin Market Capitalization Breaches Key Resistance Level – BeInCrypto

At over $140 billion, the altcoin market capitalization has broken multi-year resistance levels. This should come as no surprise when looking at the truly monumental gains that many altcoins have enjoyed over the past few months.
Developments surrounding Ethereum (ETH) 2.

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LINK Trading Volume Surpasses Bitcoin on Coinbase – BeInCrypto

LINK keeps surprising the cryptocurrency space. After several weeks of an uptrend, the oracle network entered a new phase of price discovery.

After several attempts of creating FUD from a fraudulent Zeus Capital, LINK continues on its way up.

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LINK Marines Declare War on Zeus Capital Copycat – BeInCrypto

The saga between the ChainLink community and a seemingly fraudulent investment firm keeps unfolding in unexpected ways. After releasing a 60-page report a few weeks ago, the investment firm copycat is still attacking LINK.

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ChainLink (LINK) Rebounds to a New All-Time High – BeInCrypto

ChainLink (LINK) Rebounds to a New All-Time High – BeInCrypto

The LINK price has reached a new all-time high.
Technical indicators in the daily time-frame are showing considerable weakness.
Longer-term wave counts estimate that the trend could continue upwards to $10.80.

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