Chainlink eyes 25% rally ahead of LINK staking launch in December

Cointelegraph

Published Nov 29, 2022 07:31AM ET

Updated Nov 29, 2022 09:20AM ET

Chainlink (LINK) looks poised for a 25% price rally in the days leading up to its staking protocol launch, based on several fundamental and technical factors.

The staking feature, which will go live as v0.1 in beta mode on Dec. 6, comes as a part of the so-called “Chainlink Economics 2.0” that focuses on boosting LINK holders’ reward-earning opportunities for “helping increase the crypto economic security” of Chainlink’s oracle services.

LINK/USD three-day price chart. Source: TradingView

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