Chainlink (LINK) is a decentralized open-source platform that serves as a link between the data from the real world and blockchains through API technologies. This technology allows users to exchange assets without the involvement of third parties. Chainlink was developed on the core of Ethereum and works on the basis of smart contracts. The project has its own initial token — LINK.
The Chainlink ICO was held in September 2017 and raised $ 32 million. The project is lead by Director Sergey Nazarov and technical Director Steve Ellis.
Nowadays LINK is at the Top-20 cryptocurrencies by market capitalization and it’s one of the most attractive options if you considering a crypto investment.
Current Price $2.37
ROI since launch >1,415.45%
Market Cap $830,054,185
Market Rank #15
Circulating Supply 350,000,000 LINK
Total Supply 1,000,000,000 LINK
Chainlink achievements and future plans
It is worth to mention the following events related to the Chainlink project in 2019:
• Chainlink participated in the ETHParis Hackathon and awarded prizes to the teams with the best working applications of Chainlink on the Ethereum blockchain.
• Took part in panel Panel Discussion on the Intersection of Smart Contracts, Interoperability, and Law on May 2019.
• Hosted Oracle HackerNode at Web3 Summit 2019.
• Expanded its presence throughout Asia.
• Chainlink’s Meta Oracle capabilities for DeFi were introduced to the public.
Chainlink team itself says that:
“Our goal is to create an inclusive environment where anyone from around the world interested in smart contracts can connect with other like-minded individuals, learn about this cutting edge technology, and work together to make the decentralized future a reality.” — Chainlink blog
Chainlink Technical Analysis
Chainlink Price Prediction 2020
TradingBeasts LINK price prediction
The Chainlink price is predicted to reach $2.06150 (-13.02%) by the beginning of May 2020. At the end of 2020, LINK average price will be $2.16239 (-8.76%).
Wallet investor Chainlink coin price prediction
The Chainlink’s price is predicted to reach $4.084 at the end of 2020 (+72.32%).
DigitalCoinPrice Chainlink LINK price prediction
LINK price will be equal to $2.08 in December 2020 (-12.24%%).
Crypto-Rating LINK price forecast
According to Crypto-Rating’s estimates, traders shouldn’t expect Chainlink’s trip to the Moon in 2020. The project has an investment potential for a good return in 3 to 5 years.
CryptoInfoBase LINK price forecast
CryptoInfoBase expected that Chainlink’s price will have optimistic price progress in 2020.
Buy Chainlink at StealthEX
Chainlink (LINK) is available for exchange on StealthEX with a low fee. Follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example BTC to LINK.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.