My longterm Chainlink prediction. Peak bullmarket LINK=1500$
Updated
Chainlink is the new big thing of this crypto cycle. Decentralized oracles are needed in all kinds of known DLT projects, banking, insurance and derivatives. The network effect is gigantic and easily bigger than the one of Ethereums. This is one of the reasons why Chainlink managed to pump x10 over a bearmarket, while every other alt is still -90%. I plotted the Ethereum price increase over the last cycle to compare the percentage-wise gains with Chainlink. As long as we stay close, and as long as we hit 6$ until mid next year, like ETH did in that phase, Chainlink has the potential to go beyond 1000$, probably hit 1500$ peak in end of bullcycle. I'm saying this since over a year ago. Check my twitter for more details about Chainlink and my predictions of +1000$ any why. I just published this now to have a realtime chart.
Note
We are perfectly on track with this prediction.Note
$100 until october this year is next target. If we hit that, consider us on track for $1000 at peak bullmarket in late 2021 till early 2022
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