Over the last month, Chainlink’s (LINK) price has declined sharply—by almost 40%—leaving traders and investors to wonder if the asset has any chance of recovering in the near future. Or if it’s just going to keep on sinking. The recent downturn has raised concerns not just about Chainlink’s price, but also about its network activity—because, really, if a network’s token price is continually going down, what’s that say about the real price prospects of the network itself? The recent price drop in $LINK has been correlated with a network contraction, indicative of a possible slowdown in activity across the Chainlink
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