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Why did Chainlink add 99,000 LINK to its reserve fund while the price is still struggling?
$LINK
The scarcity of supply remains one of the main drivers of long-term growth.
Technically, when a portion of the circulating supply is locked, the price per coin tends to increase due to the reduction in available supply. If this supply contraction occurs simultaneously with rising demand, the market will be poised to form a strong upward trend driven by scarcity factors.
The scarcity of supply remains one of the main drivers of long-term growth.
Technically, when a portion of the circulating supply is locked, the price per coin tends to increase due to the reduction in available supply. If this supply contraction occurs simultaneously with rising demand, the market will be poised to form a strong upward trend driven by scarcity factors.
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