ChainLink (LINK)
Market Cap
$825,458,623 USD
Volume (24h)
$105,022,620 USD
ChainLink investment analysis
ChainLink is a blockchain product designed to solve very important problems with smart contracts connectivity across multiple data resource centers with an aim to enhance their usability.
These smart contracts are coded to enable specific functions that require outside-silos-dependent data sources. And in effect, these programmable codes are no longer limited nor closed-off to the ‘in-house’ functions of token generation and limited execution properties.
ChainLink investment started way back in 2017 and has since then been developing its consumer base over time. With experience spanning groups like swift, the interest in their technology will only spike the more as more mainstream financial systems begin their journey into the decentralized world.
Three distinct ways to get involved with the project include buying the tokens from the exchange market, connecting your custom API with ChainLink to link up with the required network hub and using the smart contract APIs to transact through the platform.
How to buy?The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy ChainLink?
You can buy ChainLink (LINK) from a couple of exchanges, about 11 to be more precise. This makes the token have some form of importance with over 18 market trades pairing mostly with BTC, ETH, and USDT. To buy LINK, you would need to be registered on any of the exchanges where the coin is being sold, then purchase the BTC or other alt pairs first before exchanging with the Link token.
Once you have purchased the token since the coin is an ERC-20) standard, it means it can be stored in any of the compatible wallets such as myetherwallet (MEW), metamask, or any of the hardware wallets. It would be safer to have your coins stored off the exchange to avoid it being compromised, except when you want it as a trading asset, otherwise, you can store in a wallet where you have full control over the private keys.
For an investor who sees beyond the pump and dump "swing row" of the crypto market, blockchain ideas like chainlink's are the projects that have the answer to the mainstream adoption problem of the blockchain tech. Another good example, that kind off gets me salivating in anticipation of what toll this industry would take is Aelf, these two ideas are sort of, the crypto ideas that will metaphorically open the flood gate of cryptography to everyday Tom, Dick and Harry's business scenario. The only problem I have with Chainlink is that they are just too infamous name on the team list, that is by what I read, while Aelf on the other hand, has a team of blockchain experts with the most experience and reputation you could ever get for an industry in its infancy. But what do I know, nobody knew Satoshi Nakamato, until he gave us a reason too.