Nufags, blog post incoming so you don’t kill yourself in 18 months.
Solid orange line = Google search trends. ‘100’ indicates peak search popularity on a linear scale WITH RESPECT TO ETH. For brainlets: a 10 on both the eth and link chart indicates a tenth of the popularity compared to the ETH search peak, 50 is half etc.
Dashed orange line = % amount of circulating tokens held by the top 1% account. The total excludes exchange addresses (hot and cold wallets), smart contracts (e.g. Uniswap, Aave), dev wallets etc. For brainlets: ‘60’ here is “the top 1% richest wallets hold 60% of all the tokens currently in the wild”.
Compare Google search trends for ETH and Link. You are early.
See the top 1% whales still accumulating Link? The ETH price pump was mainly driven by retail fomo. This price pump is still driven by whales, retail isn't even here yet. You are early.
Link is now a top 5 coin, and is absolutely this bullrun’s poster child.
Last bullrun was all about smart contract platforms. This bullrun is all about Oracle networks. Proof? Last bullrun we had chinese ethereum (NEO), korean ethereum (ICON), Javascript-ethereum (LISK), and a ton of other ‘eth-killers’: ARK, STRAT, EOS, Qtum, Cardano etc. This time we have chinese ethereum (BAND), DOS Network, + a few others that I can’t even remember the names of as they are/will be insignificant (they will pump and dump).
Total crypto mcap will hit 5 billion. Link will swallow at least 10% of this. That’s a $500billion mcap. That’s $1428 Link on circulating supply. Normies don’t look at total supply. They simply look at price itself, and the average IQs who think they’re smart look at circulating supply mcap.
If you want to try and time the market to increase your stack then go ahead, but most of you will get burned.
Copy pasta this hopium so nufags don’t get limp-wristed. I will keep updating the charts every few days.
Don’t fuck this up.