Chainlink, which was recently announced $26.10 Reserve has achieved a rapid growth two weeks after its operations. According to the latest statement of the Chainlink network, the amount of assets in the reserve is increasing. Current 150.770 LINK Token threshold was exceeded. These developments are considered Chainlink’s commitment to reserve creation plans.
Chainlink Reserve’s growth process
The Chainlink network shared with the public that 41.105,84 LINK token was added more. The new purchases in question were made shortly after the launch of the project. This indicates that the plans made by the Chainlink network are desired to continue with determination and the growth rate is quite motivating.
Chainlink officials said they have taken steps to support and strengthen the reserve. In addition, with newly added tokens, it is aimed to make the reserve more resistant in existing market conditions.
According to experts, the rapid growth of Chainlink Reserve is a remarkable development. Chainlink’s breakthrough is an element that supports the long -term financial stability of the platform, and an important development that will keep the link coin demand alive.
In the comments made in public sources, Chainlink’s reserve increase strategy will positively affect the value of the LINK token and the confidence in the project.
In the last announcement of the Chainlink network, it was announced that the reserve was enlarged at a rate above the targeted. One of the executives of the network said the following about current development;
“We have caught the targeted growth in a short time thanks to the new Link Tokens added.”
LINK Coin Price Estimation
The Chainlink team, who took the first step with Stake pools a few years ago, caught the current trend with the reserve move. The desire to determine the new AC level of ETH price was recently associated with the reserve moves. The importance of the reserve move, which has direct results for LINK Coin price, will understand if the total value of assets can approach a billion dollar levels.
Despite the weakness in the market, the reason for the recently tested the $ 27 resistance, which was held over 25 dollars, was a good development. In the following weeks, we can see that the resistance zone is overcome while more announcements come from the reserve. When Link Coin bulls do this, the $ 31-59 range will be targeted.
As a result, Chainlink reserve attempt made a very strong start and grow at satisfactory speed. As the reserves grow, the price of LINK Coin tested the $ 27 resistance, and new announcements on this issue can lead him to the $ 59 ceiling.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
