Chainlink is a mid-ranked coin with the ticker LINK that has a present value of $17.87 and a market capitalization of $10 149 476 433.
Cryptocurrencies have long passed the point of being a plaything for tech geeks, profiteers, and shady dealers. Nowadays, it’s an asset class that is substantially regulated and even adopted as legal tender. Some large investment banks even acquire Chainlink and other cryptocurrencies en masse in order to protect their assets under management (AUM) against the galloping inflation that cripples the traditional financial markets.
For this reason, a foresighted investor should build at least a part of his or her portfolio around cryptocurrencies for the purpose of diversification and to be able to withstand the possible turmoils on traditional financial markets. However, due to the inherent volatility of LINK and the overwhelming majority of other cryptocurrencies, having crypto in the portfolio requires closer monitoring of the occurrences on said markets to be able to enter/exit the position at the most appropriate moment. It’s understandable that most investors don’t have the full time capacity to follow the markets at all times or predict their potential movements. To facilitate this task, the following Chainlink price prediction has been elaborated with the assistance of the advanced instrument dubbed the Crypto Volatility Index (CVIX) to ensure the accuracy and the validity of this LINK price forecast model. But before digging into the Chainlink price analysis and forecast, allow us to reiterate the fundamental rules of proper approach towards investing in cryptocurrencies.
