Chainlink Keeps Buying Its Own Token. Why Is LINK Still Down This Week?
Chainlink (LINK) has seen a price decline despite its Reserve buying the token with network revenue. LINK fell 5.2% last week and 10.2% in two weeks, though it's up 13.4% over 30 days. The Reserve's buying may not be enough to counter broader market selloffs and high trading volumes. LINK's price is influenced by market trends and supply dynamics, with a market cap-to-FDV ratio of 0.77.






