Can LINK actually reach $1000 or is it just a meme? Provide proof
Many anons think $10,000 is out of scope.
But I am sure a lot of people will be suprised very soon.
Let's wait for the next bullrun.
ETH will propaply hit $10k
If the LINK/ETH ratio stays as it is, this would mean that LINK would be around $250. However I expect that the ratio will continue to increase, so I see LINK around $300 next bullrun at least.
When is this going to happen?
2022 propaply.
Now think about it: In two years, there won't be that much adoption of smartcontracts yet. SWIFT's plan to switch over to DLT will be completed in 2026.
And I am not even speaking about the derivate market, insurance market and what not. There will be many more usecases, which we don't even think about yet.
So back to those $300.
If a bunch of retards and an influx of normies and speculators will be able to drive the price of LINK up to $300, what do you think is going to happen when real adoption kicks in?
Do you think the demand will only be 10x more?
No, it will be waaaaay fucking more.
Then once the laggards realize, what LINK is and what it does, they eventually start buying in as well, because of the endless positive feedback loop.
Imagine a stock where you know that everybody will keep buying it, no matter what.
Fucking amazon got pushed up to a trillion dollar marketcap.
A fucking shipment service.
Now imagine a protocol, which profits from the network effect.
And enterprises/node operators will earn money from providing data on top of it.
If there are still anons on this board who think that $1000 or $10,000 is out of scope, then I am sorry.
You have zero imagination.
>doesn’t realize $1000 is a fud
ngmi
LINK only needs a $382 billion market cap to hit $1000 per token. If you think this is impossible, you're unironically retarded. Just take a look at the NYSE, pic related. Also, XRP reached a market cap of $142 billion in the last market cycle, and the market caps are only going to get bigger with each coming cycle. Plus, a shit ton of the circulating supply will get locked into staking. $1000 is easy.
>If the LINK/ETH ratio stays as it is, this would mean that LINK would be around $250. However I expect that the ratio will continue to increase, so I see LINK around $300 next bullrun at least.
LINK will flip ETH.
not too soon though. Might take a few years (10+)
LINK will flip ETH on it's back and fuck it hard.
I love it when retards pretend to be smart.
>comparing a pre-mined scam token to the highest valued companies in the world
Stay delusional stinky
Anyone care to define bullrun? You mean a bullrun like we saw last few days, or something more epic, like 2017?
Everyone seems to have a different definition of bullrun.