199
Sorry for the bad joke.
It looks like ChainLink never moves, but it does.
What is ChainLink?
ChainLink is a decentralized blockchain oracle network built on Ethereum. The network is intended to be used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts
ChainLink provides the largest collection of decentralized services powering the world’s hybrid smart contracts.
LINK has a total supply of 1 B tokens, 46% of it is circulating.
You can notice very easily that LINK since Mid May is in Accumulation Phase and it never reached its previous ATH.
ChainLink price didn't move much, the lower low (July) was around 13$ and since then it grown very slowly to the 30$ area.
So the trend is in the upward side.
Because is a big market cap and a token with great potential, we should expect at least that LINK will reach its previous ATH.
It is traded in most of exchanges, and probably one of the big market cap tokens that didn't perform well lately.
IN CONCLUSION
I write this article not to tell you to invest in it, but just to point out the LINK is in Accumulation Phase.
If you are interested in investing in it, DYOR and:
TRADE WELL!
PLEASE REMEMBER
DO YOUR OWN RESEARCH before investing your money.
PS: I’m not a financial advisor, never invest all your money in crypto
