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Chainlink Is “Once In A Lifetime Opportunity” Between $6 And $8

September 23, 2022 - Around 2 mins mins to read

Although many cryptocurrencies are now trading in the red, Chainlink (LINK), which is currently trading at $7.11, is showing minor gains. This has prompted one cryptocurrency analyst to express optimism about the future of the decentralized finance (DeFi) token.

Chainlink Is "Once In A Lifetime Opportunity" Between $6 And $8
Chainlink Is “Once In A Lifetime Opportunity” Between $6 And $8

Particularly, according to a September 22 tweet from crypto trading expert Michael van de Poppe, this is the ideal time to buy the LINK token from the decentralized oracle network.

Whales show interest in Chainlink

Chainlink Is "Once In A Lifetime Opportunity" Between $6 And $8
Chainlink Is “Once In A Lifetime Opportunity” Between $6 And $8

The addresses “hodling” 10,000 to 1 million LINK tokens have increased their supply by more than 3% in the last four months, as reported by the on-chain and social metrics platform Santiment. This source also stated that:

“This is quite the massive increase, and it is the highest percentage of LINK held by these addresses in exactly three years.”

It’s also important to remember that Chainlink previously made news when it declared it would not support any Ethereum (ETH) forks that used proof-of-work (PoW) prior to the Merge upgrade, which marked the network’s official switch to the proof-of-stake (PoS) validation algorithm, according to Finbold in early August.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

CoinCu News

# Cryptocurrencies

Chainlink

crypto

INK token

Lifetime Opportunity

LINK

Michael van de Poppe

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
Uncategorized

Chainlink Is “Once In A Lifetime Opportunity” Between $6 And $8

Although many cryptocurrencies are now trading in the red, Chainlink (LINK), which is currently trading at $7.11, is showing minor gains. This has prompted one cryptocurrency analyst to express optimism about the future of the decentralized finance (DeFi) token.

Chainlink Is "Once In A Lifetime Opportunity" Between $6 And $8
Chainlink Is “Once In A Lifetime Opportunity” Between $6 And $8

Particularly, according to a September 22 tweet from crypto trading expert Michael van de Poppe, this is the ideal time to buy the LINK token from the decentralized oracle network.

Whales show interest in Chainlink

Chainlink Is "Once In A Lifetime Opportunity" Between $6 And $8
Chainlink Is “Once In A Lifetime Opportunity” Between $6 And $8

The addresses “hodling” 10,000 to 1 million LINK tokens have increased their supply by more than 3% in the last four months, as reported by the on-chain and social metrics platform Santiment. This source also stated that:

“This is quite the massive increase, and it is the highest percentage of LINK held by these addresses in exactly three years.”

It’s also important to remember that Chainlink previously made news when it declared it would not support any Ethereum (ETH) forks that used proof-of-work (PoW) prior to the Merge upgrade, which marked the network’s official switch to the proof-of-stake (PoS) validation algorithm, according to Finbold in early August.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

CoinCu News

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