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Chainlink will grow fast because it has endless possibilities of what it can do to connect defi, gaming, and every type of contract in the world to blockchain, instead of the old fashioned paper contracts that cost a lot of time, labor, paper, lawyers, et al.
LINK growth = $$$$
Chainlink Partners with Illuvium and TrueFi
https://www.investing.com/news/cryptocurrency-news/chainlink-partners-with-illuvium-and-truefi-2445834
TrueFi Integrates Chainlink Price Feeds to Further Secure Zero-Collateral TUSD Loans
First Use Case: Protecting TUSD Lenders and TRU Stakers From Outsized Losses
https://blog.trusttoken.com/truefi-integrates-chainlink-price-feeds-to-further-secure-zero-collateral-tusd-loans-151dd3bd4cab
Trusttoken
https://www.trusttoken.com/
Thanks lakingsphan....I'll take a look.
Bitcoin is just an encrypted serialized secure chunk if data which many investors see as having value as a commodity.
Link has the ability to connect (and even create) oracle connections (at 10 times the speed and about 1/100th the cost) of Ethereum for DeFi contracts and (eventually) all contracts. It can connect older legacy systems to blockchain quickly and cheaply to create these contracts. Every bank, finance institution, law office, real estate mortgages, and on and on, can be bypassed with LINK to blockchain much faster cheaper and more secure than those current entities. Much more uses than a commodity.
Link is just getting started. They add projects which open up more paths for businesses every week
You can choose which is a better investment; BTC or LINK.
Taking off again.
BTC sucks compared to chainlink.
Coinbase, Kraken, Gemini, And Other Crypto Exchanges Must Embrace DeFi To Capture Growth
https://www.forbes.com/sites/leeorshimron/2021/03/01/coinbase-kraken-gemini-and-other-crypto-exchanges-must-embrace-defi-to-capture-growth/?sh=7bb7233a2fe9
I added a huge lot of Link when it was $23.47.
Nice profitable rebound. We'll be back over $30 before the EOM in my opinion. (Not a guess, see the news I posted in the last week).
Buying, Buying, Buying.....
Grayscale eyes alts such as Cardano, Aave, Chainlink for new investment products
Over the last few months, Grayscale Investments has become one of the most important participants in the cryptocurrency market. Now, in light of the growing competition in the field and the success of its existing products, the asset manager is eyeing new ones to bring to its clients.
https://ambcrypto.com/grayscale-eyes-alts-such-as-cardano-aave-chainlink-for-new-investment-products/
Kava To Use IBC to Make Chainlink Data Available Across Cosmos
Kava, built on the Cosmos SDK, is quickly gaining momentum as the most trusted DeFi platform for institutional clients around the world. Kava plans to take another major step forward towards that end through an integration with Cosmos's recently launched Inter-Blockchain Communication Protocol (IBC). Kava will then use IBC to make Chainlink's widely used and secure decentralized data feeds available to blockchains across the wider Cosmos ecosystem.
https://finance.yahoo.com/news/kava-ibc-chainlink-data-available-103000124.html
Chainlink Promises ’10x Data’ With New ‘Off-Chain Reporting’ Overhaul
Chainlink Labs developed the new network over the past year.
https://www.coindesk.com/chainlink-10x-data-new-off-chain-reporting-overhaul
Ha ha...that's about 2 weeks away.
Wake Up Sleepy Heads ... ..Your ChainLink Is Moving Up!!!!
Bitcoin is still struggling to catch up with ChainLink, but BTC is too old to ever catch up.
Why do the "smart" people, whales and celebrities invest in BTC at half the return as Chainlink???
Fake news........
As #DeFi’s growth surges over $40B in USD value, #Chainlink is continuing to launch decentralized price oracles to support the creation of new markets. Developers can easily integrate the GBP/USD FX Rate into their dApps today, already relied on by @synthetix_io & @CelsiusNetwork.
https://chain.link/press
Premium financial data provider @TiingoFinance has launched its own #Chainlink node live on mainnet to sell EOD equities price data directly into #DeFi markets. This enables a whole new class of on-chain financial products based around U.S. stock prices.
Chainlink price looks bullish as whales continue to accumulate
"The number of whales with 1,000,000 to 10,000,000 LINK coins ($34,000,000 to $340,000,000) has increased significantly by three in the past week, indicating that large holders believe Chainlink price can surge even higher."
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-ready-for-a-jump-40-with-no-significant-barriers-ahead-202102151407
Chainlink is still on track to be way over $100 at YE.
197% return YTD.
Chainlink (LINK) has Yielded 226% Returns in the Last 7 Weeks
https://en.ethereumworldnews.com/chainlink-link-has-yielded-226-returns-in-the-last-7-weeks/
Chainlink Price Forecast: LINK bull run targets $40, as selling pressure diminishes
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-bull-run-targets-40-as-selling-pressure-diminishes-202102140532
Chainlink had a 4 digit percentage ROI from 01/01/2020 until today.
BTC has had about a 300+ percentage ROI in the same timeframe.
For BTC to gain 300+ this year, it would have to get to about $150,000.
For Chainlink to gain !000% gain this year, it would have to get to about $320+.
Just something to think about.
As long as Chainlink is in an upward trend, I going to stay 100% invested in it. Any sign of a slow down, stagnant for awhile, or a little retracement and I'd probably sell about 50%. Got most of my Link between $6 and $8.
The trend is your friend
You’d be blind not to see the solid uptrend LINK has held since the beginning of 2021.
https://cointelegraph.com/news/chainlink-hits-new-highs-but-is-link-about-to-pull-another-150-parabolic-move
If Chainlink only average about a 1% increase per day, it would be about $100 by the end of the year.
BTW, since the beginning of the year, it's gone up 175%....that over 3% average per day. If that was sustained, it'd be over $300 by YE.
Good investing.
Radix, Chainlink, Aave, Messari and others launch GoodFi crypto alliance
https://cointelegraph.com/news/chainlink-aave-messari-and-others-launch-goodfi-crypto-alliance
Obvious to cryto hodlers.
DeFi Could Trigger Paradigm Shift in the Financial Industry, According to St. Louis Federal Reserve Report
https://dailyhodl.com/2021/02/10/defi-could-trigger-paradigm-shift-in-the-financial-industry-according-to-st-louis-federal-reserve-report/