$LINK continues to rise!!!

$LINK launched a "Reserve Fund Mechanism," quietly turning traditional institutions into Web3 buyers?

Last night, #link announced the launch of a new reserve fund mechanism: the fiat currency or stablecoins paid by enterprises when using its services will be automatically converted to LINK and locked, serving as the foundational reserve for system operations.

This means that many traditional institutions have unknowingly "purchased" LINK.

Through this mechanism, LINK has become a de facto settlement asset, with service fees paid by enterprises being converted to LINK and locked up, equating to passive holding.

For the market, on one hand, the buying pressure is more stable, backed by real business demand; on the other hand, the circulating supply is reduced, leading to lighter selling pressure.

Compared to speculation, LINK uses a tangible mechanism to gradually introduce traditional funds into Web3, laying a more solid foundation for a bull market.

LINK's performance during the day has been very strong, continuously rising. Currently, it is not recommended to chase the rise; waiting for a pullback to find an entry point is advisable. Spot players can enter in batches. Last night, A Yi immediately led fans to build a position at the market price of 17.7 as soon as the good news broke, and is currently up by 8%.

Recently, mainly sharing internally. This weekend, A Yi will prepare for something big; choice is greater than effort!!!

Altcoin focus: $AAVE , $DOGE , UNI

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