noodlelover
Kraken
- Joined
- Oct 18, 2021
- Posts
- 4,857
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Look at this price chart.
coinmarketcap.com
Pump in the last crypto cycle (2021), decline and years of sideways accumulation.
Looks like it's about to break out of it's accumulation pattern.
Also there's an influx of whale investment.
Fundamental value:
It's not a shit coin, Chainlink is the primary source of real world data, across all of the popular crypto's that have smart contracts.
Smart contracts need real world data, such as weather data, stock data, asset data, price data, etc.
Smart contracts are taking off because it's cheaper and more reliable in many cases than pen and paper contracts between companies, which often have vague language and lawyers have to be paid to negotate settlements, which takes time and money. Smart contracts resolve almost instantly, and are guaranteed.
Some of the banking industry is already starting to adopt smart contracts.
(This is just a theory. I'm not a fucking wizard. Thanks.)
Chainlink price today, LINK to USD live, marketcap and chart | CoinMarketCap
Get the latest Chainlink price, LINK market cap, trading pairs, charts and data today from the world’s number one cryptocurrency price-tracking website
Pump in the last crypto cycle (2021), decline and years of sideways accumulation.
Looks like it's about to break out of it's accumulation pattern.
Also there's an influx of whale investment.
Fundamental value:
It's not a shit coin, Chainlink is the primary source of real world data, across all of the popular crypto's that have smart contracts.
Smart contracts need real world data, such as weather data, stock data, asset data, price data, etc.
Smart contracts are taking off because it's cheaper and more reliable in many cases than pen and paper contracts between companies, which often have vague language and lawyers have to be paid to negotate settlements, which takes time and money. Smart contracts resolve almost instantly, and are guaranteed.
Some of the banking industry is already starting to adopt smart contracts.
(This is just a theory. I'm not a fucking wizard. Thanks.)
