CandleFocus CAT, MOG, SHIB Among Meme Tokens Added to Chainlink Services
2024-12-23
Author: Content Editor
Popular memecoins including Shiba Inu, Turbo, and Apu have been added to Chainlink services, allowing them to be offered on different networks. Tokens like Simon's Cat, Coq Inu, Goat, Hamster Kombat, and Mog Coin have also joined Chainlink's decentralized data streams. These streams use an oracle model for continuous off-chain availability of market data that can be verified on-chain when needed. The adoption of Chainlink's Cross-Chain Token standard increases visibility and distribution for these tokens, potentially driving investment and usage. Chainlink's LINK tokens saw a rise in value, outperforming Bitcoin's recent drop.
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