Chainlink (LINK) is undervalued Chainlink’s price has declined almost 20% in the past seven days and currently trades around $28.31. According to CoinGecko, the token has crashed nearly 47% since touching an all-time high of $52.70 on 10 May this year.
Read moreIs Chainlink capped?
Conclusion: Yes, Chainlink Can Reach $1000, But Not Before 2025 . Due to the huge market cap of $440 Billion a theoretical $1000 Chainlink would have, the total market cap of all cryptocurrencies would need to reach $30 Trillion.
Read moreHow many link coins are there?
How Many Chainlink (LINK) Coins Are There in Circulation? During the initial coin offering (ICO) for LINK in September 2017, Chainlink announced a total and maximum supply of 1,000,000,000 LINK tokens. The current supply is about 453,509,553 LINK tokens , or about 45% of the total supply, as of end-September 2021.
Read moreWhat is link in crypto?
LINK is a cryptocurrency that powers the Chainlink protocol . The LINK Network is a fully decentralized Oracle network that provides smart contracts to enable the sending of payments from the contract to bank accounts and payment networks.
Read moreHow is Chainlink used?
Chainlink is a decentralized network of nodes that provide data and information from off-blockchain sources to on-blockchain smart contracts via oracles . This process, along with extra secure hardware, eliminates the reliability issues that might occur if using only a single centralized source.
Read moreIs link a token or coin?
Link is an ERC-20 token based on the Ethereum blockchain.
Read moreIs link an Ethereum coin?
LINK-ETH – Chainlink ETH.
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