Chainlink Lost 10% Value; New Reward Program Announced

Chainlink (LINK) fell by 10% to $15 during heavy trading on Monday morning. This drop marks the lowest level since the collapse in October.

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

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