Chainlink Lost 10% Value; New Reward Program Announced

Chainlink (LINK) dropped 10% to $15 during heavy trading on Monday morning. This decline marks the lowest level since the crash experienced in October.

Technical analyses indicate that if the Chainlink token fails to reclaim $16, there is a risk of dropping to $14.5. This creates a situation that investors need to monitor closely.

Meanwhile, Chainlink has announced a new reward program called Rewards Season 1. This program will offer token incentives to users who stake eligible LINK starting next week.