What do you think about Chainlink? Do LINK Marines actively getting more from this dip? Does it gonna get that 3 figures alone this year or by the early month of 2022 as other analyst predicted? In my opinion, crypto needs Chainlink and from here on out I guess there's still huge potential investing on LINK. Share your thoughts here.
What Is Chainlink?
Chainlink is a decentralized oracle network that is poised to play an important role in the real-world implementation of blockchain technologies. The purpose of this network is to provide input on a variety of external sources of data.
Although blockchain is great at what it does — providing a decentralized, secure ledger for digital transactions — it isn’t so great at taking input for things happening outside the blockchain. There are many “off-chain” forces that influence markets, including fiat currencies, credit cards and even the weather and sports scores. As a decentralized oracle, Chainlink can provide input to what’s known as smart contracts.
https://finance.yahoo.com/amphtml/news/chainlink-why-important-world-cryptocurrency-180220462.html
LINK had its ATH this year 7 months ago in that is 52$ in which higher for me considering that Chainlink project is a successful one
https://coinmarketcap.com/currencies/chainlink/but for this to reach 3 figures? then this maybe not happening very soon now.
at least End of 2022 as the value now drops down to 19$ and that is far .
I once invested from 2018 at that time the price was around 40 cents, unfortunately at the end of 2018 I sold around 2000 links at a price of 25 cents, did not expect that the link could recover and had reached $ 52.