Chainlink Price May Rise as a $350 Trillion Opportunity Emerges
Sergey Nazarov, Chainlink’s founder, believes that the oracle network will play a role in the future of finance. This industry will marry the blockchain technology with traditional finance, creating a $350 trillion opportunity.
Meanwhile, Chainlink price may benefit from being included in US government’s assets. Arkham data shows that wallets linked to the US government holds over 100k LINK tokens currently worth over $1.7 million. This means that LINK may become part of Donald Trump’s digital stockpile.
The bullish view will become invalid if the price of Chainlink drops below the lower side of the megaphone. Such a drop will see it retreat to the key support level at $5.25, the lowest level in 2022 and 2023.
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