With the launch of Ethereum ETF and the continued consolidation of Bitcoin, we have reason to believe that the altcoin season is coming. So which one of the altcoins will be your pick? Today I will share my opinion with you: LINK~
The cooperation between Chainlink and major financial institutions such as DTCC has further consolidated its position as the leader of oracle machines. It uses Chainlink's interoperability protocol CCIP to introduce and disseminate fund net asset value (NAV) data on almost all private or public blockchains, and has established a standardized process for financial institutions such as American Century Investments, Bank of New York Mellon, Edward Jones, Franklin Templeton, Invesco, JPMorgan Chase, MFS Investment Management, Mid-Atlantic Trust, State Street Bank and U.S. Bank.
Secondly, Grayscale and whales are constantly supporting LINK. Grayscale Fund has added 206,500 LINK in the past 7 days, which is worth pondering.
Finally, although Link has risen more than 4 times from the bear market low of 4U, there is still some room from the historical high of 53. Coupled with Link's excellent fundamentals, it is not impossible to set a new high.
Everyone has their own logic and methods for investing in altcoins. Instead of blindly pursuing the so-called upward growth space, it is better to look for some certain opportunities and capture profits. This is the correct logic for doubling the bull market position. Of course, this is just my personal opinion. Please do your own research~
