![](https://investingtrendstoday.com/wp-content/uploads/2023/10/cath-HrTorQ-800x533.jpeg)
Is Chainlink Going to Zero? LINK Price Drops 5% Suddenly as New Staking Coin Secures $200,000
It is highly unlikely that Chainlink (LINK) will go to zero due to a sudden price drop. The $200,000 staking deal will give the project a boost in the long-term, and given the importance of the project to the decentralized finance (DeFi) ecosystem, it is expected to remain a popular asset in the space. More importantly, LINK has a strong community behind it, which provides the asset with a significant buffer against volatility.