Is Chainlink Going to Zero? LINK Price Drops 5% Suddenly as New Staking Coin Secures $200,000

It is highly unlikely that Chainlink (LINK) will go to zero because it is a successful and well-established cryptocurrency project. The recent drop in price is likely due to a lot of selling pressure, as a new staking coin has secured a $200,000 investment. The market is anticipating the launch of the coin and this has led to increased demand for LINK, which is causing the price to drop. This type of short-term price movements is normal in a highly speculative cryptocurrency market, and it does not necessarily mean that LINK will go to zero.


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