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Bitcoinist
2019-08-13 19:30:57

Chainlink (LINK) Dump Erases $600 million in Market Value

Roughly $600 million in the market value of LINK tokens has been erased after a series of bulk sales triggered in July. Following a 4chan media blitz conducted by the Chainlink development team, valuations have fallen by nearly 60% (after reaching highs above $4.80 on June 29th). ChainLink Market Value Evaporates After Chainlink raised $32 million in its 2017 ICO, crypto analysts were already criticizing its skewed distribution metrics. Out of a total of oneRead MoreThe post Chainlink (LINK) Dump Erases $600 million in Market Value appeared first on Bitcoinist.com.