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Could Chainlink being stuck under $28 be a blessing in disguise
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Chainlink’s development plans are often considered as trigger points for its token’s price movement. However, this time, despite a major development on the network, LINK is not being affected much. Why? Well, because the focus has shifted to the long-term from the short-term.
Chainlink’s price feeds are used by many, but primarily by GameFi applications that mint or reward NFTs and use price feeds to price them adequately. Money Tree, Dreams Quest, Pocoland, TreasureKey, etc. are some of the most recent examples of GameFi’s Chainlink adoption. However, these mergers aren’t really making investors too happy.
On top of that, the failure of LINK to breach the $28-level for over a month, despite so many attempts, has only added to their
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