LINK's Mid-Rally Failure: The $LINK Narrative is Broken 💔
$LINK missed the massive mid-2025 breakout because the hype train already left the station back in late 2023/early 2024 🚂. All the expected value was priced in early. Now, speculative capital is chasing AI, memecoins, L2s, and restaking narratives instead of core infrastructure.
Chainlink is built for the long haul with Oracles and CCIP, but the market demands instant gratification. Slow adoption of RWA and lagging on-chain revenue growth are killing short-term momentum. 📉
The tokenomics create constant sell pressure from unlocks and node rewards, which acts as a ceiling during rallies. $LINK is now seen as a defensive altcoin, meaning it dips less but absolutely refuses to pump hard during peak risk-on euphoria. This kills short-term trader appeal.
It’s a long-term hold for fundamental value, not a moonshot rocket for quick gains. 💎
#Chainlink #CryptoAnalysis #LINK #Altseason
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