Chainlink attracted many investors in May 2021 when it touched $52, providing investors with massive returns. But, many investors had their eyes from long before that. This project or platform enables universally connected smart contracts with security and efficiency. However, like other cryptocurrencies such as Bitcoin and Ethereum, Chainlink mining is impossible.
As the name suggests, Chainlink is the network that links various chains together. In addition, it helps external data sources connect with blockchain networks. If you are interested in this cryptocurrency, you might be willing to know about its future. Will it go high in the coming days? Should you buy this coin with a long vision?
Price History of Chainlink (LINK)
As we all know, Chainlink differs from all other altcoins; therefore, it does not follow their price movement. In addition, it is a stablecoin that didn't have an explosive start like many other small coins and tokens.
In the beginning, the LINK token was almost worthless, and for two years, it could not overcome $5. During that period, it was usually below $1. But in august 2020, LINK gave its first break and hit $19. However, after that, it came down for correction but rise again at the beginning of 2021.
2021 was a very productive year for Chainlink as it reached its all-time high of $52.88 in May month of the same year. But then it slowly started coming back to its original value. However, it was not like other coins that fell suddenly and never rose again. Instead, it managed to recover after each fall.
In 2022, due to the fall in the crypto market, LINK tones also started falling, and in May 2022, they became stable between $5.6 to $9.441. At this time, the price of the Chainlink coin is $5.989, with a total trading volume of $146.11M. In the past 24 hours, it has been 0.77% up, but its price has been reduced by 0.62 % in the last seven days.
Future Price Prediction of LINK
The price of Chainlink has been consolidating at the same level from the past six months. Therefore it is expected to show a significant pump in the coming years. We suggest everyone invest in every coin after understanding all the risk factors included. In addition, invest the amount that you are ready to lose.
Prediction for the Year 2025
According to the Chainlink forecast, it may show a negative movement and fall to $1.50. However, if the market is bullish, it may reach $11.98 by the end of 2025. Therefore, if you plan to invest in LINK, you must analyze its charts on your own. You must buy it if your research shows positive indicators.
Prediction for the Year 2030
Technical analyst tells us that the LINK token may show positive movement in the coming 5 to 10 years and can reach $100 at the end of 2030. On the other hand, in the bearish market, the minimum price of LINK may touch $85.53. Therefore, you will get massive returns in both cases if you invest money now................................................................................
If you want to know what the price of Chainlink will be within the next ten years, our Chainlink price forecast can give you a really good idea of what to expect, you can check the link below or enter our chat rooms and talk with crypto enthusiasts and traders.