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Story: ChainLink (LINK) Bubble is not Bursting It is Just a Phase of Volatility

By Maheen Hernandez

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ChainLink (LINK) Integrations

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Is the ChainLink Bubble bursting? Developer Sell off and six-week downtrend created the impression. However, there seemed to be some rebound happening.

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There were arguments which pointed to the price fall of LINK as being much below its intrinsic value.

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ChainLink Official Channel tweeted:  “Chainlink provides developers with a variety of live oracle solutions that can be easily integrated, including decentralized price feeds,…

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A lot of DeFi adoption is happening at a quicker pace.  Oracle solutions make it possible to access and leverage high-quality data feeds in a secure way.

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ChainLink provides reliable suite of oracles for smart contract developers which can be used for a range of applications.

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The capacity of the ChainLink to bring any API in to smart contracts is useful in several valuable applications.

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ChainLink VRF is competent in facilitating unbiased randomness. Chainlink VRF provides for verifiable randomness, which can be safely used inside smart contracts.

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Sydney Ifergan, the crypto expert opined:  “Reliability and accuracy are very important for an oracle. Chainlink (LINK) provides it both.  Makes sense to adopt.”

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Further, Chainlink continues to believe in supporting the open source ecosystem that they are building.  The Network grows together as an ecosystem.

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ChainLink congratulated synthetix_io on being the first #Ethereum dApp to integrate on the recently launched optimismPBC L2 chain.

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Theta Network and Chainlink collaborated to solve click fraud with universally connected smart contracts.

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