What is Chainlink and Price Prediction of LINK Crypto Coin | TechHarry

What is Chainlink and Price Prediction of Chainlink LINK token

Chainlink, another big name in the world of cryptocurrencies. You have already heard about what FTM or Polkadot tokens are useful for the real world. Chainlink has that type of use & huge popularity.

If you have easy $1000 and you need my opinion on which cryptocurrency you should invest in, then Chainlink would be in my top 5 crypto coins. If you have already invested in Chainlink, you'll find the best price prediction for Chainlink for 2021-2022. So, let's get started.

Topics We've Covered Here:

·         What is Chainlink or LINK crypto coin?

·         Chainlink Ecosystem

·         Market Cap. and Circulating Supply of Chainlink

·         Upcoming Events of Chainlink

·         Price Prediction of Chainlink for Long Term

·         Popularity of Chainlink

What is Chainlink or LINK coin

 Chainlink is a blockchain abstraction layer that enables Chainlink is a blockchain abstraction layer that enables globally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events, and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement. This Chainlink Network is run by a big open-source community of data providers, node operators, smart contract developers, researchers, security auditors, etc. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users who are looking to contribute to the network.

Chainlink Market Capitalization and Circulating Supply

Chainlink has a limited stock of LINK tokens. It has a circulating supply of 467M LINK tokens. This circulating supply makes the LINK token rank #21. The Chainlink or LINK token is also very popular among new and old investors as well. This crypto token has a market cap. of $9B USD. As the market has shown the signs of the bear run, this token is down 23.4%. On the CoinMarketCap, Chainlink has been on the watchlist of more than 818,000 accounts.

Upcoming Events of Chainlink

In December alone, Chainlink has big events upcoming. It has:

  • Multichain #DeFi with Nord Finance online event on 6th December
  • Building on Multichain event on 7th December at Boston
  • Crypto economic Truth: A new security framework event on 7th December at Los Angeles
  • Gramatik & Luxas NFTs and Chainlink VRF online event on 7th December
  • Exploring ITSA's token classification framework online event on 9th December
  • Our Decentralized Future event on 14th December at San Francisco
  • Scaling Layer2 event on 14th December at New York

Long Term Price Prediction of Chainlink

Chainlink (LINK) has a big future ahead. It is one of the most popular & fundamentally great projects. Chainlink is worth around $19.49 USD with a 24-hour trading volume of $2.10Billion Dollars. Most investors think that Chainlink has great potential and they expect to hit a $100 mark in 2025-2026. So, if you invest around $100 today, it would be between $550 - $600 USD in 2025 or 2026 with a net profit of almost 500%. Conclusively, Chainlink has great potential and may give you huge profits in the upcoming years.

Chainlink Ecosystem

As you know, Chainlink offers universally smart contracts to be connected in a decentralized oracle network. That's why there are a huge number of different organizations which are connected to Chainlink and making a big ecosystem of the Chainlink. This ecosystem has more than 900 organizations that include the following organizations and services.

Blockchain: NASDEX, Cardano, Tokamak Network, Shiden Network, Dusk Network, Edgeware, OKExChain, Human Protocol, Polygon, Queenbee, Skale, Huobi ECO Chain, Moonbeam Network, Ping Network, Blockstack, Theta, Oasis Lab, Nervos Network, Kadena, Fusion Protocol, Casper Labs, Polkadot Network, Zilliqa, Quarckchain, Elrond, Aelf, IOTEX, Harmony, Ethereum, DApps, Matic Network, GoChain, Hedera Hashgraph, IOST, Morpheus Network, etc.

Gaming: KAKI, What The Fish NFT, Matic Verse, TaleCraft, Space SIP, Entropify, Chicken Suspects, Sparkera, DeFi Warrior, Start Finance, Deep Space, PolyientX, SolChicks, MultiPad, PolkaFantasy, DogeRun, Moon Nation, Penguin Finance, Argon, CatBread, Treasure Key, AvaxCells, Myoby, Memenopoly, GamyFi, TriumphX, Transmute Protocol, LE7EL, reNFT, AxieInfinity, Evolution Land, Nine Chronicles, Ether Legends, Chain Guardians, Earn Bet, War Riders, Gamer Hash, Cargo, WildCards, FaceGolf, BlockLords, etc.

Real Estate: CitiDAO, SmartZip, Prospect Now, Elysia, RealT

Storage: 0Chain, Filecoin

Sports: AthleteX, RedFOX Labs, Chiliz

Launchpad: Aegis Launchpad, Arche Network, KuCoin Launchpad, Starter, Synapse Network, CardStarter, BSCPad

Marketing: AdEx, WOM Protocol

AI: Flourishing AI, QDT, VAIOT

NFT: Synthopia, Project Seed, Wall Street Dads, Definix, Project Oasis, NFTBOBA, Bitspawn, Outlawz, DeFrag Finance, Treedom, Toddlerpillars, Little Ghosts, The Shark Mob, Tale Craft, No Brainers NFT, MurAll, Herofi, The Dropout Bears, Entropify, TribeOne, RetroCat, NextVerse, CryptoKombat, MetaGameHub, StraightFire, Afen, TheGreats, DeepSpace, JPEGd, PandoraInvasion, Untamed Elephants, The HUSL, My DeFi Pet, The Vogu, Realm, Uptick Network, Cat Bread, DinoX, Curate, Banger Games, ATTN, TriumphX, Poolz, reNFT, EtherLegends, ChainGuardians, GamerHash, Tiny Boxes, Cargo, etc.

Health: HealthTrends.AI, SolveCare

Energy: Dipole

Data Provider: WaveBridge, Meteomatics, CRD Network, Associated Press, MetaGameHub, Defactor, Venrai, Blue Antoinette, SportMonks, The Rundown, World Weather Online, Tiingo, Coinranking, Dotamind, Genesis Voltality, Hacken, LCX, CentrePrime, Bullionix, MYKEY, Binance, Eth Events, CoinGecko, Crypto APIs, Huobi, etc.

Enterprise: Associated Press, AWS (Amazon), SWISSCOM, SWIFT, Intel, Oracle, Google Enterprise, IC3, etc.

Credentials: EthSign, Signata, Dock, Digital Bridge, Unstoppable Domains, ENS Domains

Infrastructure: Biconomy, AWS (Amazon), Epik Protocol, Fetch.ai, Ren Protocol, DECO, NEAR Protocol, NGRAVE, Offchain Labs, iExec, 2KeyNetwork, Etherlime, Project Avalon, Parallel Markets, CERE Network, Poseidon Network, Coti, Cortex, Loopring, Linkpool, Shyft, IOST, Streamr, Celer Network, etc.

Popularity of Chainlink

The best part of Chainlink is that it is a fundamentally great project. It helps different organizations that come from different areas to be created on the Chainlink blockchain. Chainlink also has a huge fan following and popularity. There are more than 650,000 Chainlink followers on Twitter, 72.2k joined members on Reddit and 818,654 CoinMarketCap accounts have saved Chainlink on their watchlists. So, we can say, Chainlink or LINK token is huge project with a huge popularity. So, if you are investing your money on Chainlink, do invest when you get Chainlink on a dip. And remember, dips are nothing but it is like a Crypto Sale where you can get big crypto coins and tokens at a very affordable price.

Note: I do not recommend Chainlink to anyone. This is a case study of Chainlink. Do your own research before investing in Chainlink or any other crypto mentioned here. It's your money and you are the only ones who are responsible for getting profits or losses out of it.

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