12.3 Daily Discussion on Cryptocurrency - Link
Hello everyone, I am your deep autumn brother. Today we are going to talk about Link, this oracle Voldemort. Link was first issued on September 21, 2017, which was 7 years ago, with an initial price of less than $0.1.
In 2019, it began to be listed on major platforms, at that time still an unknown player. What really left an impression on everyone was the surge from $11 in January 2021 to over $50 in May 2021, a total increase of 500%+
Currently, Link's total market value is 6 billion, and it is worth mentioning that the current price of $25 is very likely just the beginning of an upward trend. In October, it also washed down to around $10, and now there is a profit potential of 170%.
For a long time in the past, compared to the new era of meme coins, older coins seemed to be vulnerable and ignored, but now many veteran players are gearing up to make a big move, causing significant damage to many short-sellers.
Currently, Link has effective resistance and support levels at $32 and $22 respectively. After stabilizing at $25, it aims to break through $32 and targets $50. In the long run, many established projects have the potential for tenfold growth, with the worst-case scenario being three to five times. In contrast, the meme coins that were thriving at the beginning of the year now seem ridiculous!
Alright, this concludes today's discussion on cryptocurrency. If you want to see me talk about a specific coin next time, feel free to leave a message in the comment section and hit the follow button to avoid missing the latest updates!