Chainlink Token Inflation Could Limit Price Recovery According to Analyst
- Crypto analyst says Chainlink token inflation could limit next bull run price
- Chainlink is down over 85% from its all-time high of $52 in May 2021
- There are 31% more LINK tokens in circulation compared to last bull run
- LINK is down nearly 90% against Ethereum from its peak ratio
- Analyst questions if demand for LINK will pick up enough to drive major recovery