The Top Coins Is Here To Serve You If You…

You want info about  Crypto

We make buying the right Crypto for you as simple as possible.

Chainlink (LINK) Price Predictions 2020: How High Will It Soar?

13 Oct 2020

Chainlink (LINK) has been one of the top performing cryptos of the past year. With prices and value on the rise, Chainlink seems to be the talk of the crypto world. A lot of crypto sites have examined this rapid rise of LINK. This links it to Ethereum’s rise in 2017 bull run. The crypto world also seems to have high hopes for LINK. Price predictions range from expecting the crypto to rise steeply to at around $100-$200 in this cycle, to more enthusiastic predictions which soar as high as $1000. So, the question that crypto enthusiasts are keen to know is this- how much higher will the price of Chainlink soar?

What is ChainLink?

ChainLink is a decentralised oracle system. It has a network of nodes that provide data and information from off-blockchain sources to on-blockchain smart contracts via oracles, attempting to bridge the functionality gap in smart contracts. Some popular LINK wallets are Nano S, Trezor etc. You can buy LINK on any exchange that supports the digital currency.

ChainLink Price This Year

This year truly has been the year for Chainlink – with multiple partnerships and integration announcements throughout the year, as well as a rapid rise in value. It is up over 300% this year. 3 years ago, LINKprices were less than a dollar, so this rise has been phenomenal. In July, it overtook Bitcoin Cash to become the 5th largest cryptocurrency by market capitalisation. Currently it is at #8 on CoinMarketCap by market capitalisation. At the time of writing, its price is $10.21 USD – 5.02% increase and the market cap is at over $3 billion. Although it has dropped from July, the overall rise is still something not to be dismissed.

The rise of DeFi sector, and Chainlink’s strategic positioning may also be reasons why LINK has done phenomenally. Some even speculate that LINK might be overtaking XRP by the end of the year and get into the coveted top 3 of cryptocurrencies.

Future Price Predictions 

Since January of the year 2020, LINK has recorded prices of around $10. By the end of the year, we predict prices could go as high based on our forecasting, Chainlink (LINK) is a profitable investment both short term and long term. Do we think it will get to $100 by the end of the year? Probably not. The crypto market is volatile, and there could be some pullbacks. But given the trajectory of LINK, a realistic end of year price for LINK could probably be around the $30 mark, pushing it to the Top 3 of CoinMarketCap. Of course, the same volatility could push its price much higher as well. LINK is one of top coins to watch and invest in for the reminder of the year and others to come.

Leave a Reply

Add comment

Special Offer For Those Interested in Bitcoin.

The Peoples Reserve is CODED To The Last Highest Price of Gold.
It does NOT go down in value. It Can ONLY Rise in Value.
...When Gold Hits a NEW HIGH Price. (which it is often now)

How Is This Possible?
With Digital Currency (including Bitcoin) - We Are Given The Opportunity To CODE RULES & Parameters.
Just as Bitcoin is CODED to have the supply of Bitcoin cut in half (the halving it's called) The Peoples Reserve is CODED so that the value can ONLY move when there is a new high price in Gold.

The Peoples Reserve has it's own unique wallet and that wallet manufactures (digital cloud mining) new coins for you at a rate of 12% per year.
That 12% per year is calculated daily so acts like compounding interest for you.

The banks get wealthy by charging us COMPOUNDING Interest. Not Just 'interest' but COMPOUNDING Interest.
COMPOUNDING - is the greatest wealth creation vehicle available to us.
And for the first time ever...

You can receive 12% Compounding on a coin that is CODED to the last highest price of Gold.
As someone Interested in Bitcoin and crypto Currency and as a visitor to our new site we want to help you experience...

STABILITY (Versus Crypto Volatility)
You can purchase as much as $5000 worth of The Peoples Reserve at 50% off (just $2500) - so a savings of $2500 to you.
We simply can NOT make this offer for an extended period of time. It can NOT last long and once again...
Is available to you exclusively as a new visitor to The Top Coins.

Fresh Content

Just add your email and hit subscribe to stay up to date.