Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Market Capitalization:3 662 566 709 153,6 USD
Vol. in 24 hours:276 947 224 676,61 USD
Dominance:BTC 59,9%
ETH:12,27%
Yes

Significant token sales by project developers contributed to yesterday's price decline.

crypthub
Significant token sales by project developers contributed to yesterday's price decline.

Chainlink Token Movement

Chainlink (LINK) recently made a significant transaction, transferring 18.75 million LINK tokens, valued at roughly $387 million, to Binance. This notable transfer, representing one of the largest in four months, occurred after unlocking the tokens. The movement coincided with a broader cryptocurrency market downturn triggered by Donald Trump’s proposed tariffs on China.

Market Impact and Pricing

The price of LINK experienced a considerable decline, dropping by 21.14% in the past 24 hours, settling at $17.59. This drop mirrored a general market correction following the tariff announcement. The event highlights the sensitivity of the cryptocurrency market to economic news and policy shifts.

Chainlink Overview and Utility

Established in 2017, Chainlink serves as a leading oracle platform connecting blockchains to real-world data. It aims to benefit from trends like stablecoin adoption and the tokenization of assets. The LINK token facilitates services on the Chainlink network and supports its security.