Crypto

WHAT IS CHAINLINK $LINK?

Enough of grieving and start to be on track. Recently, there is this unknown hype for CHAINLINK $LINK that moved to Rank #5 after $XRP with a market cap of $5,611,269,745 USD. This fast rising crypto is definitely a must-watch especially during this bullish market.

Many had been asking what in exactly is $LINK? Basically it’s decentralized oracle network that provides real-world data to smart contracts on the blockchain and $LINK is a payment token in which users can use to pay for the services on this network.

I guessed this would be a good project that doubled up on the security and trust level among people using blockchain and reputable companies are using it. There is a huge potential behind all these as people start to digitize workflow and payments, moving towards a cashless world.

I would personally buy a little to accumulate some boost for near future as I believed the potential would be quite similar to Etherum. Buy a little won’t harm. 🙂

Trading via Coinhako. Visit my $FOLIO page to know more.