Is chainlink a good investment in 2023?

Discussion in 'Crypto Assets' started by Elena_Rodriguez, Dec 31, 2022.

  1. Data from whalestats revealed that LINK is one of the most extensively held token among leading Ethereum whales. This information is stemmed from the data gathered from the wallets of the top 5000 Ethereum whales.

    The major factors that will influence LINK's price in the entering years are certainly –

    • Timely implementation of Staking update (This happened is December 2022 to achieve its Economics 2.0, this will help the company to scale more securely.
    • Increased Adoption of WEB 3.0
    • Partnerships with established businesses.

    However, being a transparent protocol, with usual buying and selling pressures, and above mentioned factors are implemented LINK could claim its average price at $10.516 according to Coinpedia. Experts project Chainlink price prediction for 2023 to be maximum of $12.653 on a bullish note.
     
  2. Nobert

    Nobert

  3. maxinger

    maxinger

    You have to ask members from eliteinvestor.com

    Anyway it has gone up massively.
    Then down massively.
    Now it is resting. So let it sleep.

    Ie you have already missed 2 big trading opportunities. You missed the boats again and again.
    Question you have to ask was where were
    You during those two opportunities
     
    Last edited: Dec 31, 2022
  4. Sekiyo

    Sekiyo

    Until rates aren’t going down …
    Forget speculative assets.

    Rate cutes are planned for 2024.

    Therefore cryptocurrency is no asset class for 2023
     
  5. LOL, that means nothing. The Fed had increasing interest rates planned for 2024 at one time too...
     
  6. Tokenz

    Tokenz

    Chainlink does have a lot of potential, and is being used in China's blockchain network. The utility is there, but just like all alts, it's following the path of Bitcoin.

    However, with more regulation passing through, these alts are becoming more riskier because they also could be banned if they are deemed as securities.

    Bitcoin and Ethereum would be safer to invest in, but Chainlink could also have bigger gains. So do your homework
     
  7. easymon1

    easymon1

    What's the status, Elena_Rodriguez?

    https://stockcharts.com/h-sc/ui?s=$LINKUSD

    https://chain.link/ - https://www.dogpile.com/serp?q=https%3A%2F%2Fchain.link