Скачать или смотреть Chainlink Price Analysis February 2021 | LINK Correction Before Surge?

With Chainlink hitting all-time highs this week, we have quickly prepared a Chainlink price analysis for February 2021!

Decentralized oracle network Chainlink’s LINK token and other prominent alternative cryptocurrencies (dubbed altcoins) are charting solid gains as the crypto market leader bitcoin takes a bull breather.

LINK (-10.2%) set a new record price of $23.68 overnight and is changing hands near $21.73 at press time, a 7.3% gain on a 24-hour basis. The previous lifetime high of $19.90 was reached in August, according to CoinDesk 20 data.

The cryptocurrency has nearly doubled in the first two weeks of the year in a strong follow-through to last year’s 530% rise. Chainlink’s oracles act as a bridge between cryptocurrency smart contracts and off-chain data feeds.

LINK may receive an additional boost from Ethereum’s impending switch to the staking model, which would allow node operators to stake their collateral in order to gain access to certain data jobs that require collateral.

Stay tuned for our full Chainlink forecast and find out where the cryptocurrency is likely to be headed over the next few weeks. And if you have your own Chainlink price prediction, please let us know in the comments!

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