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 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 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 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.
Read more