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What is ChainLink Coin?

investing08 - 2024-03-18 17:54:57

*Chainlink technology has its own native crypto currency called as Link, it also work as other technology users can stake the coin and earn return over time.


*ChainLink is blockchain project which input the data into the blockchain it uses a technology known as oracle and other blockchain projects get help to communicate with external data, it combine external data like sports score and share prices into a blockchain project.


*Chainlink is a also used by other big blockchain projects like Cardano, Polygon and Filecoin , world leading companies like oracle and google also use this technology.


Founder of Chainlink


*Co-founder and CEO of ChainLink is Sergey Nazarov, it is created in 2017.


Circulation of ChainLink


*ChainLink has a total supply of 1,000,000,000 LINK tokens, there are 587,099,970 LINK tokens circulating is market


*As per now 2024 March ChainLink has ranked 13th in market cap among other crytpocurrencies.


Where you can buy ChainLink


*Chainlink is available on many exchanges like Binance, Bybit, CoinExchange, KuCoin, HTX, OKX, Kraken and Gate.io.


Technical and Future analysis of ChainLink


*As I have explain below in my chart of Linkusdt, that it went up in July 2022 and creates a liquidity at 5-6$.


*It took this liquidity level in May 2022 at the same level it had left before.


*So after that liquidity swap it went up again and make an order block at level of 5.54$.


*So there is a chance of Linkusdt to come and fill that order block before going up and make new all time high.


*If anybody wants to invest in Linkusdt just wait for it to fill that order block, after filling that order block it's good to invest in and make your investment to grow in multiple times .
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