Chainlink Price Prediction: Will LINK Price Hit $50 in 2021?

Since the rise of the decentralized financial projects, commonly known as DeFi, the one coin that has been into the primary and trending highlights is another altcoin in the top 10 among the list of the largest cryptocurrencies.

The coin is LINK, Chainlink to be precise, which amassed a large group of its enthusiastic followers, such as celebrities, industry experts, and tech savvies.

Also, since its launch, this digital altcoin has shown instant growth in terms of its market capitalization and has become one of the top cryptocurrencies in the world.

As mentioned above, the coin has been tremendous throughout 2021, but what will be its worth in the upcoming years? If that’s the information you’re finding, read this entire article for all these types of queries and related to LINK.

In recent times, LINK got the attention of investors and experts when it broke its resistance level of $14. After its resistance price, the analysts and traders predict its value and worth in the upcoming months and even years.

Furthermore, in the past weeks, Chainlink achieved yet received another milestone. One of the credible and famous crypto exchanges – Zenlink, has integrated its system with it to upgrade its network’s security.

In this collaboration between the two, the price of LINK will be the primary technology in this crypto exchange. After all of these achievements and stuff, experts are expecting the mass adoption of Chainlink.

Since this crypto has been showing bullish trends for a long time, experts and traders believe this coin will have a bright future ahead.

As of now, we all know about the latest achievements and developments of the coin. So what will be the price of it in the future? Let’s dive into the article for price forecast and analysis of Chainlink.

The emerging and rising altcoin: Chainlink was founded in 2017, allowing universally combined intelligent contracts in its Blockchain. Also, Chainlink provides a decentralized oracle network. It enables blockchains to securely and efficiently interact with:

  • data feeds
  • events
  • payment methods

Like other crypto networks, the Chainlink Network is also driven by a substantial open-source community of the following experts

  • data providers
  • node operators
  • smart-contract developers
  • researchers
  • security auditors

Now you know LINK. Do you think it is a good investment in 2021? If yes, then tell your opinions in the comment section.

Chainlink claimed to have a total and maximum supply of 1,000,000,000 LINK tokens in its circulation. However, the current supply is over 453,509,553 LINK tokens, in simple words, 45% of the total supply as of end-September 2021.

At the time of writing, LINK trades at $28.53 with a 24-hour trading volume of $1,226,963,260. 

Sergey Nazarov is known as a co-founder and CEO of Chainlink. According to researchers, Nazarov graduated with a degree in business administration from New York University.

After graduating, his professional career started as a teacher at NYU Stern School of Business. Moreover, in 2009, Nazarov, alongside his other colleague, founded ExistLocal, a peer-to-peer marketplace.

After five years, in 2014, he again found CryptaMail, a completely decentralized Blockchain-based email service. Isn’t this interesting??

Before diving into the price prediction section, make sure that these are just the predictions, but not the accurate guesses. Therefore, before investing anything into this coin, make sure to do your research and then invest your savings into altcoin.

Moreover, make sure that you don’t invest all of your money at once in the industry. It is better to invest that money into crypto, extra savings, or remaining from your income. 

The Chainlink has performed excellently over the past few days and weeks. Thus, its price has been over 30% in the last seven days. Furthermore, if the bullish trend of LINK continues in the next month of 2021, there’re chances that the digital coin can surpass its resistance level of $58.12 and even reach new heights.

Chainlink Price Idea. Source: Trading View

With the upcoming developments and upgrades in Blockchain technology, the LINK token can be traded at the price of almost $318.52 by the end of the next five years (2025-26). Isn’t this amazing???

While in the case of some market crashes and other controversies in the crypto and Blockchain, the price of Chainlink might end up trading at $126.731.

Chainlink Price Idea. Source: Trading View

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1) TradingBeasts

According to the analysts and experts at trading beasts, on average, the LINK price may trade around $152.952. Moreover, the digital asset could rise to a maximum of $191.190 by the end of 2021.

Also, at the end of 2024, their experts believed that the LINK’s price might be trading at a maximum price of $231.473.

2) DigitalCoinprice

DigitalCoinprice rates Chainlink as a solid investment in terms of the long term with expectations of increasing prices for the upcoming years. The crypto expert firm further predicts that Chainlink (LINK) could be trading at the price of $274.94 at the end of 2021.

The crypto token can also rise to $371.61 by the end of 2022. The experts and analysts at the website also predicted its price by 2025. They expect it will hit the price of $550.34 by the end of 2025.

3) Wallet Investor

Wallet Investor – a fintech site suggested that the future of Chainlink is bullish. The fintech site also believed that the price of digital assets could also rise to $260.181 in one year.

As per the current market situation, the analysts at Wallet Investor estimate that the price of an altcoin can reach $679.517 in case of bullish divergence.

However, the average buys and sell pressures upon the coin would claim a price of over $617.524 by the end of 2025.

4) Longforecasts

In the case of experts at Longforecasts, they predicted that the price of the digital token could be $36.39 by the end of 2021. While by the end of 2025, LINK can be traded at $150.53.

Conclusion

As we’ve discussed in detail about the future of LINK in the above article, therefore, we can conclude that after much-needed developments and investments, we will be seeing a bright future ahead of 2021.

Moreover, in the upcoming year, the price of Chainlink will reach its ATH. Also, as said above, it could be an excellent investment for a long-term period. At last, Chainlink can also reach $70 if investors and traders will show a friendly interest by looking at its bullish trend.

The time is near when this coin will be placed in the top 10 top-notch and the largest cryptocurrencies of the world.

According to the current market status, LINK tokens are among the most popular cryptocurrencies. Therefore, a lot of exchanges have offered trades in LINK.

The exchanges offering trades in LINK are as below:

  • Binance
  • Coinbase Pro
  • Gate.io
  • Huobi Global
  • Kraken

As we all know, LINK is worth investing in in 2021. Therefore, it is highly likely to surpass its current ATH at almost $52.88 at the end of this year (2021).

The answer to this is Yes!!! It’s very much expected that the bullish LINK could trade at $70 soon.

No, there’re chances that LINK might reach $52.88 at the end of 2021 on average. However, the landmark of $100 could be achieved soon, after 2021 and at the beginning of 2022.

At current, Chainlink is trading at the price of 28.53 USD.

If the bullish trend of Chainlink continues, its price can rise from 28.475 USD to 52.510 USD in just one year.

Yes. The experts believed that it is worth investing in LINK. However, the long-term earning potential of Chainlink is over +84.41% in one year.

No. The price of LINK won’t drop or fall soon, as per our predictions.

As per our analysis and some significant crypto analysts, the Chainlink (LINK) price will be almost 125.802 USD in 2026. Hence, it is an excellent long-term investment if you’re willing to wait for almost five years.

According to our predictions and analysis, Chainlink can’t replace/surpass/overtake Bitcoin.

According to our analysis and forecast, this won’t happen in the near future. In simple words, it’s a big NO.

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