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Should You Buy the Dip in Chainlink Right Now?
The crypto market's recent pullback hit Chainlink especially hard. Check out why this unique cryptocurrency is poised to dominate an important niche for years to come.
The crypto market was on a roll in 2024, but many of the leading names have backed down in recent months.
The Chainlink (CRYPTO: LINK) oracle coin had doubled in 52 weeks on Dec. 17. That turned out to be the peak of this surge. The coin price dropped a staggering 43% from there to this writing on April 2. By contrast, the massive Bitcoin (CRYPTO: BTC) rose 151% and then backed down by just 19% in the same time spans.
Chainlink's chart has lost its swagger. Today, the coin is trading 24% below its year-ago value.
