The Chainlink price prediction is for the price to break above 44.33, on the back of bullish pressure. Chainlink is...
Chainlink
Chainlink is built on Ethereum and is a blockchain oracle meaning it provides a live data feed connection between on-chain and off-chain data. Blockchain oracles are very important because, without them, smart contracts would only be able to access data within their networks, limiting their use cases.
Chainlink’s native token is LINK and was created in June 2017 by SmartContract, a for-profit company.
Is Chainlink a good investment?
ChainLink has a market cap of over $11.3 billion as of October 2021, making it one of the most sought-after cryptos. It has positioned itself as the go-to decentralised Oracle network, but it is still quite volatile, being a cryptocurrency. However, it has the potential for massive gains.
How to trade Chainlink
You will need to choose a suitable crypto exchange to trade LINK, bearing in mind that it’s pretty new and is found on a few crypto exchanges.
Next, you need to create an account by providing your details and verifying them using government-issued ID documents such as a passport, driver’s license, or national/state ID.
Once your account is verified, you can go ahead and deposit the funds you have allocated to trading LINK. Most exchanges have a minimum deposit amount, which you must meet. You can then store your LINK in a secure wallet after buying it.
Latest Chainlink news
Chainlink has achieved the all-time high earlier today on the LINK/USDT pair, with the price hitting $51.20 before a corrective...
A new round of selling hit the crypto markets this Tuesday, and Chainlink’s pairing with Tether was not an exception....
The Chainlink price is making a fresh attempt to break higher overnight, and the current momentum suggests it may have...
The Chainlink price could be about to break higher through a key technical level. This would put LINK/USD on the...
The Chainlink price continues to bleed value and desperately needs a bullish kicker. All the signs point to more pain...
Having hit a low of 20.12 last week, Chainlink has been able to firm over the weekend, breaking above the...
Following China’s expanded horizon on its crypto ban, Chainlink (LINK/USDT) was among the assets that took a heavy pounding in...
The ChainLink price is making its move just at the right time. An encouraging decisive breakout is signalling LINK could...
The ChainLink price is trading broadly sideways. However, there are clues that buyers are present below the market. This could...