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This trend amongst Chainlink investors might give the crypto a serious boost This trend amongst Chainlink investors might give the crypto a serious boost
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This trend amongst Chainlink investors might give the crypto a serious boost

with insights from Glassnode IntoTheBlock

Parabolic uptrends in the crypto market tend to be short-lived and followed by immense selloffs, but Chainlink has been able to buck this trend โ€“ being one of the few altcoins that has been able to post steady gains over the past year.

This trend amongst Chainlink investors might give the crypto a serious boost

Photo by Kenrick Mills on Unsplash

Parabolic uptrends in the crypto market tend to be short-lived and followed by immense selloffs, but Chainlink has been able to buck this trend โ€“ being one of the few altcoins that has been able to post steady gains over the past year.

It doesnโ€™t appear that this strength will disappear anytime soon either, as data shows that the cryptocurrency is fundamentally robust due to the tokenโ€™s investors taking a long-term investment approach.

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