$LINK break out early April imminent
Products : π’
Adoption : π’
Token utility : π
MOAT : π’
Monetisation and token utility can always be improved when initial phase of growth and adoption is over, ex: UNI. Milking the cow without having a strong foothold can ruin your edge.
1/ Use to be an altcoin bull but the more mature I become the more $BTC heavy I become. If i wasn't so crippled by FOMO I'd hold only $BTC and $LINK. I mean there are some other interesting project $AVAX with HyperSDK and $SOL to name a few amongst a plethora. But...
@ChainLinkGod A counter argument to that thesis could be that a partnership with SWIFT would make Chainlink incredibly reputable and allow for a bigger set of diverse integrations. Wich in the long term would result in some form of price action for $LINK
I frankly do not know which narratives will play out. But i believe Tokenisation of Assets by Institutions is one of them. For that some blockchain infrastructure plays seem very well poised for adoption. (oracles, interoperability, bringing computation to blockchain)
Thread π
Crypto just like the internet will go through some Dot com bubble type of crash. Its all a game of narratives and since the market has diverging opinions on how it will all play out. The ecosystem is "flooded with capital".
BUT
There is a real possibility that MOST current narratives turn out to be wrong. And if thats the case you can most certainly expect a big reprice in all the mispriced assets. Which in my opinion is at least 99% of crypto.
I think most ppl forget that #blockchain is not just building tech.
Some PhD's forget that they are building a product.
That 1- needs product market fit.
2- a certain treshold of adoption leads to sustanaible revenue for the system and economic gains for investors
Beware of the propaganda trying to radicalise you - make you believe that either Israeli or Palestinian civilians are evil. They are both just like you and me, they have parents, brothers, sisters and maybe even children. Do not be blinded by hatred.