Chainlink (LINK) price prediction for 2021-2030

Chainlink (LINK) caught the attention of investors when it hit $ 52 in May 2021, but many crypto enthusiasts had their eyes set on this token long before that.

This innovative project enables universally connected smart contracts and does so in a fully secure, reliable and efficient manner. Just as the name suggests, the Chainlink network is used to link chains – it uses a decentralized Oracle network to connect external data sources to various blockchains.

Besides being an interesting project with solid concrete applications, Chainlink is also a profitable investment. In this article, we will present our Chainlink price prediction for 2021-2030.

Overview of chain links

name	Chain link
Teleprinter	CONNECT
Market capitalization	$ 12,342,736,855
Current price	$ 27.04
Current / total supply	456M / 1B LINK

Chainlink is a decentralized Oracle network that was built on Ethereum. Its LINK token is an ERC-677 token, which is an extension of the ERC-20. The Chainlink network is used to facilitate the secure and reliable transfer of data between off-chain sources and on-chain smart contracts.

Chainlink (LINK) tokens are what feeds data from off-chain sources to smart contracts. LINK tokens can be stored in any ERC-20 compatible digital wallet, as the ERC-677 standard has the same functionality as the ERC-20.

The network is supported by a large number of data providers, node operators, security auditors, smart contract developers, and many more. Chainlink promises decentralized participation for all users who interact with the platform – anyone can become a node operator on the network.

Chainlink’s new white paper, which was released in April 2021, outlined some new features and capabilities of the network, including, but not limited to:

• crypto-economic staking;
• off-chain calculation;
• many privacy-preserving features.

Chainlink is a pretty special project. It was one of the first networks to enable off-chain data transfer to on-chain smart contracts, and its innovative nature has attracted many partners and data providers, such as Huobi.

Who are Chainlink’s competitors?

As a cryptocurrency, Chainlink technically competes with the entire cryptocurrency market. As a project, however, Chainlink doesn’t have a lot of competition – the top three are Band Protocol, API3, and WINKlink.

As the main goal of Oracle networks, such as Chainlink and the three mentioned above, is to connect other projects, making them compatible with each other and the real world, the most important metric for them is the number of partners acquired. And Chainlink is one step ahead of its competition: it has ten times more partnerships and integrations than these three combined. It is without a doubt the number one oracle network.

Price analysis of chain links

Now let’s take a look at Chainlink’s price history.

Chainlink is unique in that it does not follow the usual price movements of altcoins. He didn’t have an explosive start like many other smaller coins or tokens, and he managed to recover from the sell-off following his first moon.

LINK had been unable to overcome the $ 5 price point for almost two years, in fact spending most of that time below the $ 1 mark. Its first big break came in the summer of 2020: Chainlink managed to hit $ 19 in August. After that, LINK went through a brief period of correction and started rising again in early 2021.

The price of chain links in 2021 followed the crypto market, rising in mid-spring, peaking in early May, then slowly but steadily returning to pre-moon numbers. However, unlike many other coins and tokens, LINK has managed to recover, hovering around the $ 26 mark now. Chainlink’s current price is $ 27.

Chain link price today

Market predictions

Let’s take a look at what industry experts think about the price of Chainlink (LINK) and its future. Here is the result of TradingView’s Chainlink technical analysis.

Source: tradingview.com

TradingView has a bullish outlook on the token, giving it a “Buy” signal. According to their Chainlink price predictions, this cryptocurrency still has room for growth. Their technical analysis shows that LINK will increase in the future.

Gov Capital is also bullish on this token: According to their Chainlink price prediction, LINK has the potential to reach $ 215 in the next few years. Many other pundits, including those at Trading Beasts and Wallet Investor, have less bullish price predictions, but their LINK predictions are still broadly positive – they expect the token to continue rising in the short and long. term.

Chainlink Future Price Prediction 2021-2030

	Mean	Minimum	Maximum
November 2021	$ 31	$ 26	$ 35
Dec 2021	$ 33	25 $	$ 36
2022	40 $	$ 15	$ 60
2023	$ 52	$ 20	$ 100
2024	$ 78	$ 30	$ 97
2025	$ 86	$ 50	$ 150
2030	$ 150	$ 90	$ 300

Chain link price forecast by the end of 2021

As the market sentiment for Chainlink is currently bullish, this token is expected to rise before the end of the year. LINK’s current price forecast, however, is rather conservative.

Chain Link Price Prediction November 2021

According to our Chainlink forecast, the token will likely hover around the $ 31 mark in November 2021. LINK can go as high as $ 35, but it is also likely to drop to $ 25.

Chain Link Price Prediction December 2021

If the uptrend persists, the price of Chainlink will continue to rise slowly and steadily in December 2021. We believe more pronounced price movements are likely to occur in December, as that will be the end of the year; Although according to our Chainlink price prediction, the token will manage to maintain at least the $ 30 price point.

Chain Link Price Prediction 2022

While investors are currently bullish on Chainlink, it is possible that the token will see a correction early next year. For this reason, we expect Chainlink’s price to drop to as low as $ 15, but we also believe it may rebound shortly thereafter.

According to our Chainlink price prediction, this cryptocurrency has the potential to hit the $ 60 mark in 2022, but it will likely hover around the $ 40 price level for most of the year.

Chain Link Price Prediction 2023

Since Chainlink has a history of innovative feature upgrades, it is possible that its developers will continue to significantly improve the project in the future. Such updates could cause the price of LINK to skyrocket.

Chainlink could have its next mooning in 2023: as the project accumulates more and more partners, the token that powers it will become more and more valuable. Plus, as smart contracts become more sought after by real-world businesses, projects like Chainlink may gain even more attention than they already have.

According to our Chainlink forecast, the token has the potential to hit $ 100 in 2023, but it is unlikely to stay at that price for long. The price of the LINK token can drop as low as $ 20 after a massive sell-off and correction period, but it will likely stay at $ 50 for most of the year.

Chain Link Price Prediction 2024

If the market continues to see LINK in such a positive light, the token could reach the $ 80 price point in 2024 and remain in the $ 75-85 range. However, drastic price movements are the bread and butter of the crypto market, so LINK is likely to experience sharp highs and lows, ranging from $ 30 to $ 97.

Chain Link Price Prediction 2025

Chainlink’s price forecast for 2025 is overwhelmingly positive overall: most investors are bullish on LINK for the long term. The token is expected to reach $ 150 over the next 5 years, and according to our long-term Chainlink price prediction, 2025 could be the year LINK reaches that milestone.

Chain link price forecast 2030

It is almost impossible to predict crypto prices this far into the future. Even cryptocurrencies like Bitcoin or Ethereum, which are relatively stable, can crash in 10 years.

As long as the Chainlink team continues to accumulate partners, release updates, and scale further, its price and market capitalization will remain competitive. However, it can still lose value due to unforeseen external circumstances, such as stricter crypto regulations.

For now, in line with our Chainlink price prediction, LINK may be able to break through the $ 100 mark and strengthen its position at that price point, eventually reaching $ 300.

Faq

Will Chainlink ever hit $ 100?

A hundred dollars is actually a pretty achievable price for Chainlink. Some experts predict it will double in the next few years, although most don’t see it going that high. We believe a $ 100 spike is possible for LINK, but the token is unlikely to stay at that price point for long.

Can Chainlink reach $ 1,000?

Well, technically it’s possible, but we think Chainlink’s price is unlikely to hit $ 1,000. It will require that the price of the token can comfortably stay at least at the price level of $ 100 to $ 300, which currently seems impractical.

Can Chainlink reach $ 10,000?

While anything is possible, it’s highly unlikely that Chainlink’s price will ever reach $ 10,000 – even the most optimistic LINK price predictions don’t expect it.

Is Chainlink a good investment in 2021 and 2022?

Chainlink is a good short and long term investment. Most Chainlink price predictions expect this token to rise in the near future and remain strong for the next several years, so it appears to be a worthwhile investment.

How much will Chainlink be worth?

It’s hard to say how much exactly Chainlink (LINK) will be worth going forward, but we expect it to strengthen its position and not only climb back to the $ 50 price point, but eventually cross the bar. of the $ 100.

Is Chainlink better than Ethereum?

Chainlink and Ethereum are both good projects and good investment options, but Ethereum is slightly better. However, since the price of Ethereum is unlikely to experience drastic price movements, Chainlink (LINK) will be a better choice if you want to add a “high yield, high risk” type of asset to your portfolio.