Why is chain link increasing?

Why is chain link increasing?

Investors in LINK often point to the utility this network provides to developers and users as a reason for investing in this token long-term. As the network effects of decentralized applications grow, investors hope to benefit from the rising value Chainlink provides, as reflected in the price of LINK.

Is chainlink about to explode?

Chainlink price has been consolidating for over two weeks without any signs of a breakout. However, as a crucial resistance barrier weakens, investors can expect LINK to shatter through it and set higher highs.

What is chainlink working on with Swift?

ChainLink claims to be working on a common project with SWIFT, the leading interbank payment system. LINK has talked about such a partnership for a long time, but about a week ago, the news was reiterated on social media and added to the official ChainLink site.

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Is chainlink (link) having an altcoin season of its own?

ChainLink (LINK) is having an altcoin season of its own – all over again. LINK has been known to move against the trend, staging a similar rally in the second quarter. LINK has now grown more than 49\% in a single week, touching $2.88 again, with predictions of easily reaching $3.

What is the chainlink token (link)?

LINK was one of the handful of tokens added to Binance without a listing fee, simply based on the project’s merits. ChainLink is one of the prominent oracle projects, aiming to supply reliable real-world data to smart contracts. But the quality of the project is not everything.

Where are chainlink DEVS at DevCon 5?

All the ChainLink devs are in Osaka, possibly making a splash in the DevCon 5 conference. This only adds to the hype surrounding LINK, boosting the price gains. One of the big milestones expected for the project is a form of staking, adding a new source of gains to the tokenomics of LINK.

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