Chainlink is a type of digital money that people can buy and sell. It has become less valuable in the past 24 hours, which means it cost less "links" to own some Chainlink. This is different from last week when it became more valuable, meaning it cost more "links" to own some Chainlink. People who follow Chainlink's value can see that it goes up and down a lot. Sometimes it goes up, sometimes it goes down. Read from source...

- The title is misleading and exaggerated. It suggests a major sell-off or negative news that caused the drop in price, but does not provide any evidence or explanation for it.
- The article compares the price movement of Chainlink over the past 24 hours to its trend over the past week, which is an arbitrary and irrelevant time frame. A more meaningful comparison would be with its price movement over the past month or year, or against a relevant benchmark such as Bitcoin or Ethereum.
- The article uses Bollinger Bands to measure volatility, but does not explain what they are or how they are calculated. It also does not provide any context or interpretation for the bands, such as whether they are expanded or contracted, or whether they indicate overbought or oversold conditions.
- The article mentions that the trading volume for Chainlink has decreased 15% over the past week, but does not explain why or how this affects the price. It also does not provide any comparison with other coins or the overall market volume.
- The article states that the circulating supply of Chainlink has decreased 0.81%, but does not explain how or why this happened. It also does not relate it to the demand or supply of the coin, or its impact on the price or market cap.
- The article provides some basic statistics about the market cap and ranking of Chainlink, but does not analyze them or provide any context or insight. For example, it does not mention how Chainlink's market cap has changed over time, or how it compares to other similar coins or projects.
- The article is based on data from CoinGecko API, which is a third-party source that may not be reliable, accurate, or updated. It also does not acknowledge the limitations or assumptions of using such data, or cite any alternative sources or perspectives.