Tag: chainlink price prediction

Mar 25 2021

Chainlink’s Price Could Benefit from a Dormant Social Sentiment

In brief: Social media discussions surrounding Chainlink have been dormant since mid-February This might be a good thing as digital assets usually rise in price when there is no crowd excitement However, Chainlink's active addresses are declining alongside deposits to crypto exchanges The number of Chainlink whales with 10k LINK or more has also been on the decline Chainlink is currently battling to...

Mar 23 2021

Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

Summary: Zeus Capital has continued to rattle the Chainlink project, constantly insinuating it is a scam The latest accusation is that the Chainlink team has been dumping LINK on Binance since last summer Zeus Capital highlights a Chainlink address holding 90k LINK and claims it once had 34.5 million tokens According to Zeus, the address sold 1M LINK per month and soon graduated...

Mar 21 2021

Chainlink Reserves on Crypto Exchanges Drop to 14.6% of Total Supply

Summary: Chainlink reserves on crypto exchanges have dropped to 14.6% of the total supply Chainlink's network has continued to grow for a third straight month $29 continues to act as a strong support for Chainlink However, an unstable Bitcoin might throw cold water on the fact that Grayscale opened a LINK trust Chainlink reserves on crypto exchanges have been in a state of...

Mar 12 2021

Chainlink’s Market Cap Could Hit $1T in 10 Years – Crypto Analyst

Summary: Timothy Peterson has forecasted that Chainlink could reach a $1 Trillion market cap in 10 years He compares Chainlink to Facebook that achieved a similar feat in the stated time period A $1 Trillion market cap translates to a $3k value of LINK Chainlink's scalability solution of Off- Chain Reporting could boost the value of LINK further Chainlink is currently battling to maintain...

Feb 26 2021

Chainlink Bug Bounty to Payout $100k For Critical Vulnerabilities

In brief: Chainlink has extended its bug bounty program to provide $100k for the disclosure of critical vulnerabilities The payout will either be in cash or LINK The Chainlink bug bounty program will be available through Gitcoin and HackerOne Chainlink's goal is to guarantee a secure oracle infrastructure for its smart contracts The team at Chainlink has announced that the project will be...

Feb 21 2021

Bitcoin’s Rise Could ‘Pull’ Chainlink (LINK) to $80 – Crypto Analyst

In summary: Timothy Peterson has forecasted that Chainlink could rise to $80 His estimate is based on Chainlink's relationship with Bitcoin Where BTC goes, LINK is not that far behind Bitcoin is closing in on $60k with Chainlink looking to defend the $34 price area during today's weekly close Timothy Peterson, of Cane Island Alternative Advisors, has forecasted that Chainlink's value could be...

Feb 14 2021

Chainlink (LINK) has Yielded 226% Returns in the Last 7 Weeks

In brief: Chainlink has provided approximately 226% returns in the last 7 weeks Chainlink has also set a new all-time high of $35.85 - Binance rate Chainlink's fortunes could continue as Bitcoin heads to $50k Chainlink investors who bought LINK around the beginning of the year at $11, are now approximately 226% in profits. This is according to an analysis done by the...

Feb 13 2021

LINK Hits New ATH of $32.10 Fueled by High Chainlink Address Activity

In brief: Chainlink just posted a new all-time high of $32.10 - Binance rate LINK's impressive market performance is backed by a high level of tokens circulating and a sustained high unique address activity Chainlink could very well continue on its upward trajectory towards higher levels However, its fate is tied to that of Bitcoin and a correction by BTC could halt LINK's...

Feb 12 2021

Chainlink’s Network Activity Has Grown By 10x, 2 Years in a Row

In brief: Crypto analyst, Timothy Peterson, has highlighted that Chainlink's network activity has grown by a factor of 10 for two years in a row 414 crypto projects use Chainlink technology in one form or another, up from 315 last November The value of LINK has benefited from the increased network activity Crypto analyst, Timothy Peterson, of Cane Island Alternative Advisors, has pointed...

Jan 31 2021

Chainlink Could Do 3x or More Between now and Dec. 2021 – Analyst

Quick take: Timothy Peterson has forecasted that Chainlink could increase by a factor of 3 or more between now and the end of the year He explains LINK is fairly valued unlike Bitcoin and Ethereum that are in bubble territory Chainlink increasing by a factor of 3x brings its value to around $66 Bitcoin and crypto analyst Timothy Peterson of Cane Island Alternative...

Jan 27 2021

Chainlink (LINK) Github Commits by Developers Continue to Increase

Quick take: The Chainlink project has seen steady growth in Github commits by its developers Surprisingly, a drop in development activity has been linked to a price increment of LINK Chainlink (LINK) is currently defending the $21 price area amidst a weakening Bitcoin Chances are that LINK regains its bullish momentum once Bitcoin futures expire this Friday The developers behind the Chainlink project...

Jan 24 2021

Chainlink Active Addresses Growth is 143% Higher than 3 Months Ago

Quick take: Chainlink new daily active addresses are increasing at a rapid pace The number of new daily active addresses is 143% higher than three months ago Chainlink has found solid support above $23 and is attempting to convert $24 into a support zone also The new week could provide another opportunity for Chainlink to thrive in the crypto markets The Chainlink network...

Jan 23 2021

Rumor of a Chainlink Grayscale Trust Propels LINK to New Highs

Quick take: Chainlink has just set a new all-time high of $24.64 - Binance rate The bullish momentum is a result of Grayscale adding a LINK trust to its investment products Basic Attention (BAT), Tezos, MANA and Livepeer are also reportedly being considered by the investment firm The digital asset of Chainlink (LINK) has just set a new all-time high of $24.64 -...

Jan 18 2021

Top 1% Chainlink Addresses Now Hold 81.737% of the LINK Supply

Quick take: Chainlink holdings of the top 1% LINK addresses have hit a 3 year high These addresses now hold 81.737% of the total supply ChainLink (LINK) has set a new all-time high of $23.75 LINK's bullishness could continue if Bitcoin provides a stable environment above $34k The Chainlink holdings of the top 1% LINK addresses has just hit a three year high....

Jan 16 2021

Chainlink (LINK) Futures Open Interest Hits ATH of $287 Million

Quick take: The open interest on Chainlink futures contracts has hit an all- time high of $287 Million Chainlink has just hit an all-time high of $22.67 - Binance rate Chainlink has also had the highest day of active addresses in 5 months LINK has the potential to keep moving up but its bullishness is hinged on Bitcoin's stability The aggregated open interest on...

Jan 15 2021

Chainlink Sets new All-time High of $21.45, Hints at Going Higher

Quick take: Chainlink has just set a new all-time high of $21.45 - Binance rate The weekly Chainlink chart hints at a continuation to higher levels Crypto analysts and traders have provided several price predictions including $32, $43 and 60 The digital asset of ChainLink (LINK) has just set a new all- time high of $21.45 - Binance rate. Chainlink's potential of breaking the...

Jan 12 2021

ChainLink is on Track to Break $100 within 3 Yrs – Crypto Analyst

Summary: Timothy Peterson has forecasted that Chainlink will break $100 within 3 years Such a price movement would be an annual rate of return of 80% Chainlink's supply is moving out of exchanges and could be the first confirmation of short term bullishness Bitcoin's recent dip resulted in Chainlink dropping from $18.50 to $12.50 in 48 hours LINK could reclaim $16 in the...

Jan 05 2021

Chainlink (LINK) Price Prediction and Analysis in January 2021

This article discusses Chainlink price prediction for the first month of 2021. If you have been thinking of buying some cryptocurrency, then you are in the right place because we will provide you with some of the information you will need. Just read on to find out our analysis and what other experts think about […] The post Chainlink (LINK) Price Prediction and...

Dec 22 2020

ChainLink Whales with 10M+ LINK Increases, no Capitulation in Sight

Quick take: The number of ChainLink whales with 10 Million or more LINK has increased from 9 to 10 ChainLink whales and LINK marines are still accumulating with no capitulation in sight LINK Marines are confident of the long term future of Chainlink The $12 price area is providing adequate support for ChainLink The number of Chainlink whales holding 10 million or more...

Dec 08 2020

Chainlink (LINK) Price Prediction and Analysis in December 2020

Certainly, those who are interested in investing in cryptocurrencies are familiar with Bitcoin (BTC). However, there are altcoins that have also distinguished themselves as reliable investments that bring good returns in a short time. One of such is the DeFi token with the largest market cap, Chainlink (LINK). This article outlines Chainlink price prediction and […] The post...

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