{"id":230349,"date":"2022-04-27T06:00:46","date_gmt":"2022-04-27T00:30:46","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=230349"},"modified":"2022-04-26T18:09:38","modified_gmt":"2022-04-26T12:39:38","slug":"link-wants-to-save-the-environment-can-it-save-its-investors","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/link-wants-to-save-the-environment-can-it-save-its-investors\/","title":{"rendered":"LINK wants to save the environment; can it save its investors?"},"content":{"rendered":"<p>Chainlink\u2019s integration into other chains is not a new thing. In fact, most of the time, that is what triggers a bullish or bearish outlook for LINK, apart from the broader market cues.<\/p>\n<p>Of late, however, it seems like the same has not been happening. This could maybe change thanks to the chain\u2019s recent efforts.<\/p>\n<h4>Chainlink focuses on green\u2026<\/h4>\n<p>\u2026 Only for nature, though, not for the charts. The Chainlink Community Grant Program provides financial resources to the many development teams and researchers, building a more functional, accessible, and socially impactful Chainlink Network.<\/p>\n<p>In line with that goal, the grant program\u2019s most recent beneficiary is the London-based Net Zero Protocol. It is an initiative leveraging innovative technologies in support of UN SDG 13 and the race to net zero.<\/p>\n<p>Focus on the environment has been growing across the crypto-space. As reported by AMBCrypto, Algorand too recently <a href=\"http:\/\/ambcrypto.com\/algorand-can-news-of-its-launch-of-carbon-offsetting-protocol-revive-its-price-action\/\">launched<\/a> a new self-sustaining smart contract, one that automatically allocates a portion of every transaction fee to offset its carbon emissions.<\/p>\n<p>However, as much as this does for the Earth, it doesn\u2019t do much for Chainlink\u2019s investors. LINK holders who, unlike Dogecoin\u2019s community, have been waiting for recovery of their losses.<\/p>\n<p>Since May, after LINK&#8217;s ATH, investors in loss have increased by 68% thanks to the consistently declining price of LINK.<\/p>\n<figure id=\"attachment_230352\" aria-describedby=\"caption-attachment-230352\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_historical_break_even_price_2022-04-26T10_44_03.760Z.png\"><img decoding=\"async\" class=\"wp-image-230352 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_historical_break_even_price_2022-04-26T10_44_03.760Z.png\" alt=\"\" width=\"1200\" height=\"800\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_historical_break_even_price_2022-04-26T10_44_03.760Z.png 1200w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_historical_break_even_price_2022-04-26T10_44_03.760Z-300x200.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_historical_break_even_price_2022-04-26T10_44_03.760Z-1024x683.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_historical_break_even_price_2022-04-26T10_44_03.760Z-768x512.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption id=\"caption-attachment-230352\" class=\"wp-caption-text\"><em>Chainlink investors in loss <\/em> | Source: <a href=\"https:\/\/app.intotheblock.com\/\">Intotheblock &#8211; AMBCrypto<\/a><\/figcaption><\/figure>\n<p>The bears\u2019 influence has been so strong that even March&#8217;s 42.29% rally was invalidated, keeping the price close to the market bottom of $11.4.<\/p>\n<p>Yesterday, during intraday trading, it almost fell to it before coming back up, resulting in the 7.18% long downtrend wick.<\/p>\n<figure id=\"attachment_230355\" aria-describedby=\"caption-attachment-230355\" style=\"width: 1834px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/LINKUSD_2022-04-26_16-19-05.png\"><img decoding=\"async\" class=\"wp-image-230355 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/LINKUSD_2022-04-26_16-19-05.png\" alt=\"\" width=\"1834\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/LINKUSD_2022-04-26_16-19-05.png 1834w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/LINKUSD_2022-04-26_16-19-05-300x142.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/LINKUSD_2022-04-26_16-19-05-1024x484.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/LINKUSD_2022-04-26_16-19-05-768x363.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/LINKUSD_2022-04-26_16-19-05-1536x726.png 1536w\" sizes=\"(max-width: 1834px) 100vw, 1834px\" \/><\/a><figcaption id=\"caption-attachment-230355\" class=\"wp-caption-text\"><em> Chainlink price action <\/em> | Source: <a href=\"http:\/\/ambcrypto.com\/\">TradingView &#8211; AMBCrypto<\/a><\/figcaption><\/figure>\n<p>Nevertheless, the altcoin does have the potential to rise again. Not on the back of these developments, but on the back of the king coin &#8211; <a href=\"http:\/\/ambcrypto.com\/category\/bitcoin-news\/\">Bitcoin<\/a>.<\/p>\n<p>Historically, during periods of high correlation with Bitcoin (Above 0.5), LINK\u2019s price has seen good highs. If Bitcoin marks a sustainable recovery now, Chainlink could too.<\/p>\n<figure id=\"attachment_230350\" aria-describedby=\"caption-attachment-230350\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_correlation_to_btc_2022-04-26T10_43_40.611Z.png\"><img decoding=\"async\" class=\"wp-image-230350 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_correlation_to_btc_2022-04-26T10_43_40.611Z.png\" alt=\"\" width=\"1200\" height=\"800\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_correlation_to_btc_2022-04-26T10_43_40.611Z.png 1200w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_correlation_to_btc_2022-04-26T10_43_40.611Z-300x200.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_correlation_to_btc_2022-04-26T10_43_40.611Z-1024x683.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/ITB_link_correlation_to_btc_2022-04-26T10_43_40.611Z-768x512.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption id=\"caption-attachment-230350\" class=\"wp-caption-text\"><em> Chainlink&#8217;s correlation to Bitcoin <\/em> | Source: <a href=\"https:\/\/app.intotheblock.com\/\">Intotheblock &#8211; AMBCrypto<\/a><\/figcaption><\/figure>\n<p>Regardless, investors are stocking up to either HODL or sell for profits. Especially given buy orders are exceeding sell orders at market price by twice the sell volume.<\/p>\n<p>Secondly, this can be backed by the fact that Exchange Outflows these last two months have seen volumes amounting to over $1.79 million.<\/p>\n<figure id=\"attachment_230354\" aria-describedby=\"caption-attachment-230354\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/glassnode-studio_chainlink-token-balance-on-exchanges-link-all-exchanges.png\"><img decoding=\"async\" class=\"wp-image-230354 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/glassnode-studio_chainlink-token-balance-on-exchanges-link-all-exchanges.png\" alt=\"\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/glassnode-studio_chainlink-token-balance-on-exchanges-link-all-exchanges.png 1800w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/glassnode-studio_chainlink-token-balance-on-exchanges-link-all-exchanges-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/glassnode-studio_chainlink-token-balance-on-exchanges-link-all-exchanges-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/glassnode-studio_chainlink-token-balance-on-exchanges-link-all-exchanges-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/glassnode-studio_chainlink-token-balance-on-exchanges-link-all-exchanges-1536x864.png 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><\/a><figcaption id=\"caption-attachment-230354\" class=\"wp-caption-text\"><em> Chainlink&#8217;s supply on exchanges <\/em> | Source: <a href=\"https:\/\/studio.glassnode.com\/\">Glassnode &#8211; AMBCrypto<\/a><\/figcaption><\/figure>\n<p>Ergo, even though there might not be any particularly lucrative motivation for people to invest, their long-term plans continue to drive them towards Chainlink.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink\u2019s integration into other chains is not a new thing. In fact, most of the time, that is what triggers a bullish or bearish outlook for LINK, apart from the broader market cues. Of late, however, it seems like the same has not been happening. This could maybe change thanks to the chain\u2019s recent efforts.<a href=\"https:\/\/ambcrypto.com\/link-wants-to-save-the-environment-can-it-save-its-investors\/\">Continue reading <span class=\"sr-only\">&#8220;LINK wants to save the environment; can it save its investors?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":43,"featured_media":230353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[410,3335],"class_list":["post-230349","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view","tag-link","tag-link-price-fall"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>LINK wants to save the environment; can it save its investors? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Chainlink\u2019s integration into other chains is not a new thing. 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In fact, most of the time, that is what triggers a bullish or bearish outlook for LINK,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/link-wants-to-save-the-environment-can-it-save-its-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-27T00:30:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/chain-g2d9ede5ff_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"849\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aaryamann Shrivastava\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/Aaryamann_KS\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aaryamann Shrivastava\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/\"},\"author\":{\"name\":\"Aaryamann Shrivastava\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/55a26b56869d7ed719be4a96c4b44887\"},\"headline\":\"LINK wants to save the environment; can it save its investors?\",\"datePublished\":\"2022-04-27T00:30:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/\"},\"wordCount\":462,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/chain-g2d9ede5ff_1280.jpg\",\"keywords\":[\"LINK\",\"LINK price fall\"],\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/\",\"name\":\"LINK wants to save the environment; can it save its investors? - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/link-wants-to-save-the-environment-can-it-save-its-investors\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/chain-g2d9ede5ff_1280.jpg\",\"datePublished\":\"2022-04-27T00:30:46+00:00\",\"description\":\"Chainlink\u2019s integration into other chains is not a new thing. 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