Crypto

Chainlink (LINK) Price Predictions: How Far Can Chainlink 2.0 Take Crypto LINK?

Investors today Chain link (CCC:LINK-USD) are making a decent profit, at least compared to the larger cryptocurrency market. As a result, a number of investors may be interested in the Chainlink (LINK) price prediction at this time.

digital representation of the Chainlink cryptocurrency (LINK)

Source: Stanslavs / Shutterstock.com

This medium-sized cryptocurrency has a market cap of over $ 10 billion. LINK is currently ranked 14th on the list of cryptocurrencies based on this and has caught the attention of investors lately.

Why?

Well, Chainlink recently announced a new white paper. In this white paper, the company described the transition to smart contracts. As a result, these changes open the way for more use cases. Users can use smart contracts to take advantage of the growth of Decentralized Finance (DeFi) applications and authorize arbitrary executables on their network.

In addition, founder Sergei Nazarov will appear at the consensus conference tonight from 8:00 pm to 9:00 pm EST to discuss these changes. He explains how “Oracle networks will soon go beyond delivering data to the computing world. It really sounds intriguing.

Now let’s see what experts think about Chainlink.

Chainlink Price Prediction (LINK)

For context, LINK is currently trading at $ 25.59 per token at the time of writing.

Coinpedia suggests LINK could hit a high of $ 100 this year. LongForecast predicts an annual price target of $ 41.80 for LINK. In addition, the site lists a three-year target price for this cryptocurrency of $ 53.70. DigitalCoinPrice lists price targets for 2021, 2023, and 2025 at $ 38.12, $ 54.92, and $ 75.46, respectively. WalletInvestor estimates LINK could hit $ 57.02 this year and $ 199.46 in five years.

As of the date of publication, Chris McDonald does not have (directly or indirectly) any position in any of the promotions mentioned in this article. The opinions expressed in this article are those of the author in accordance with InvestorPlace.com’s publishing guidelines.

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker.