Further to Nazarov's white paper of today, LINK has soared. However, almost all the other altcoins have surged too, particularly DOGE...
Chainlink token LINK is first of all a long term investment, due to the following features:
- LINK is the main oracle token, and oracles are needed for DeFi protocols in order to prevent the flash loan attacks
- LINK has hit its All-Time-High at $44 today and is now just below $43. If it hits $44 again, it will likely break out and move towards the next step at $50
- LINK has the potential to reach $100, which would bring it slightly above the current market cap of Cardano ADA
Unless you just want to quickly get cash to buy a new TV, crypto is first of all about long term. However, if you want to make profits now, some short term coins like DOGE may help you to do that. That's what I call the JOKE coins - click here to get more insight on this.
