With one tokenomics update, $LINK just changed its entire investment outlook. Any old price targets? Irrelevant, in my opinion.
The introduction of a strategic reserve closes the final gap in its token model.
The one thing skeptics always clung to was the claim that $LINK wasn’t truly needed. And I think that narrative has held back the price for years.
Now we’ve got both rock-solid fundamentals and rock-solid tokenomics. Not to mention, once the staking pool expands, the price action could turn parabolic.
I don’t see a better investment in the entire market than $LINK.
You didn’t wake up at 3am in the 2018 bear market to watch a stream of Sergey doing a $LINK presentation to a crowd of 15 people in a random conference room hoping for “new slides” to be shown and it shows.
$LINK is now up 20%+ in the last two day's.
When #Chainlink starts to shill it's own native utility token, know that we've entered a new era, and also know that a new ATH is now only a matter of time.
Two day's ago, Chainlink announced the launch of a strategic onchain reserve of LINK tokens to support the long-term growth and sustainability of the Chainlink Network.
With the Reserve launch, Payment Abstraction has now officially expanded to support offchain payments for Chainlink as well as multiple onchain services.
Look at that long-term growth and value capture in action over the last 48 hours, most impressive.
Accumulate & #HODL. ⏣
What if all Stablecoins, RWAs and CBDCs start being connected to each other and to all the world's digital assets, across all chains, on one platform/standard set of protocols, because it has all the data connections, identity connections and cross-chain connections they need to transact successfully? Sounds exciting to me....