Chainlink Lost 10%; New Reward Program Announced

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

Technical analyses indicate that if the Chainlink token cannot reclaim $16, there is a risk of falling to $14.5. This creates a situation that investors need to watch closely.

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