Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
Like most of the time this is a combination of factors, there is no doubt that the LINK project is very good and it deserves to be in one of the top positions in the market, but there is also little doubt that what we're seeing is a lot of hype for DeFi coins and new projects that is making the market to go up in value, however we need to wonder if this is going to last long as the number of scammers in the market is multiplying at an alarming rate. 
Topic: Why LINK is pumping so hardly? (Read 543 times)
I also saw it, I also found out how LINK can go up so fast and very fast, sorry I came here to find out, thanks. one of the defi coins which is very ok at this time
I mean lets be honest it is not that bad right now. I never owned Link in my entire life, never invested and probably never will because I keep my portfolio of just the coins I know and trust and I do not add new coins that easily, it takes a lot to make me invest into something I never invested before. But even I have to realize they have been doing well recently and this fall is definitely bad but everything is falling right now so that doesn't look like it is a personal thing for Link, it is a market thing.
For example just a month ago it was a bit over 9 dollars, give or take around that level, and that is only just one month ago, after that it reached above 18 dollar levels, got to 19 dollars almost and that was the peak, thats when we talked about how Link was pumping so hard, right now it dropped to over 12 dollars, about 12.5 dollars and that is not really that bad. If someone told you link moved from 9 dollar levels to 12.5 dollars you would think it is doing well right?
Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
With a Little corrections now it fells $12 here https://coinmarketcap.com/currencies/chainlink/ things that we will expected since Bitcoin also drops higher than 105 today.But while checking the Market it seems that recovery is starting so correction is finally over,Now what we are looking towards the Hype again.
Maybe this time we can take $13k and above?
Unfortunately the price went down to $12 with -16% this week. But still the +564% for this year according to the statistics of WorldCoinIndex.
If this coin is legit ten it will recover but if not?then everything that looks into this currency needs to take out before the price backs again like a month before now.
It is due to reliable team behind the project. Besides, they have a lot of outstanding partnerships that derives use cases for the project. I am assuming that this might just be the beginning.
Then those partnership will stay for how long?are we sure that we are waiting for something that positive?or just like a bubble that will end soon and many will ask why they had hold and buy those coins?
Unfortunately the price went down to $12 with -16% this week. But still the +564% for this year according to the statistics of WorldCoinIndex.
Do you also think that this is solely because of the DeFi hype that is going on right now because I actually think that it is the sole reason why not only LINK but all the DeFi tokens are pumping right now. Even the non defi projects are now upgrading their tokens to support defi and are getting listed on the uniswap exchange, I think that this defi madness will be over soon.Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
Chainlink is nothing but cutting edge technology and is backed by the whales' massive financial foundations. that's why its growth has been so great in the past time. moreover, they have a very strong community in the US and they are very loyal people, always fomo about Chainlink about their technology and bright future. there are too many elements to make it shine.
It is due to reliable team behind the project. Besides, they have a lot of outstanding partnerships that derives use cases for the project. I am assuming that this might just be the beginning.
Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
Chainlink is nothing but cutting edge technology and is backed by the whales' massive financial foundations. that's why its growth has been so great in the past time. moreover, they have a very strong community in the US and they are very loyal people, always fomo about Chainlink about their technology and bright future. there are too many elements to make it shine.
ChainLink is a price feed provider project. and this project . and This project is one of the best in the cryptocurrency industry. There will be more partnerships with various projects in the future.
all the Defi project coins are pumping hard, look at Lend, Jarvis, YFI, and of course Link is also high pumping,
the Defi hype really makes people forget that the market could come back bearish
the Defi hype really makes people forget that the market could come back bearish
Hey guys are having their first ATH on this one ;-)
"Brian. If you pump it harder it will go to the moon!".
"Brian. If you pump it harder it will go to the moon!".
Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
I also cannot find out why the price of Chainlink has soared. I suspect that behind the strong growth are the fomo whales on Chainlink's price. the same way whales did with bitcoin when its price was 0.1 $.I think that in the future there will be strong pump and dump of Chainlink because its price increases too unreasonable. It doesn't have any good news at this time, only manipulation is surrounding it, be careful when investing in it.
with a solid team and strong partnerships, i sure LINK will be able to reach $ 20 by the end of this year. indeed DeFi's success has had a huge impact on the Crypto project and we can see LINK becoming one of the growing coins in the market. if this coin is able to be in position 4 in CMC then that would be great. the ChainLink team's hard work so far really had a great effect.
we all know not only Link, but even many other cryptocurrencies have also risen following the bullish move of bitcoin prices, I don't know too much about Link but I think the project looks pretty good too, but don't want to know what's interesting in it, which I know the crypto market is currently bullish and it doesn't seem like a pump
You are right, people are already investing huge amount of money into LINK because the Defi model makes many people start investing huge amounts in potentially development coins, even recently LINK making lot of partnerships with other companies and this makes this company is getting huge traffic in sorts of trading.
Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
The link so far has implemented what is a roadmap that goes well with the support of trading volumes and also large exchanges as the main weapon. it causes the link to easily fly high.the chainlink team has been working hard to make flying link coins, and today the hard work is paying off
Seeing that this year most of the DeFi project pumps, of course it is not strange that LINK is a high pump too, even reaching new all time
high prices. Moreover, LINK's market capitalization is the highest compared to other DeFi projects. So automatically the price also goes up.
Another factor may be that the increase in the price of Bitcoin is the cause of the LINK prices flying high.
high prices. Moreover, LINK's market capitalization is the highest compared to other DeFi projects. So automatically the price also goes up.
Another factor may be that the increase in the price of Bitcoin is the cause of the LINK prices flying high.
Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
It is not chainlink only, you can see another coin (even I can call most of altcoin's prices have getting higher now) and also bitcoin's price. Have you compare their coin's price movement ? Bitcoin is increasing for more than $5000 and ETH has been increasing for more than $150 until now. The market sentiment was the important factor and also the developer of the coin itself that has changed it.
Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
It is not chainlink only, you can see another coin (even I can call most of altcoin's prices have getting higher now) and also bitcoin's price. Have you compare their coin's price movement ? Bitcoin is increasing for more than $5000 and ETH has been increasing for more than $150 until now. The market sentiment was the important factor and also the developer of the coin itself that has changed it.
The rankings that it has also helped. Searching on coinmarketcap has categories for Defi and it's on the top of the rankings, no. 1. That's a factor for most investors to look at, whichever is at the top, that's where they'll invest.
https://coinmarketcap.com/defi/
This is the main reason why it is getting pumped so hard and it is also listed on reputed exchanges so people are not worried about the liquidity and legitimacy issues so they are pouring more money on this projects more than shit Defi projects which are created in a week and listed on uniswap and made huge profits as well by deceiving traders.https://coinmarketcap.com/defi/
Still i can remember when i saw LINK in April/June it was almost $4.2 . But recently i saw it's pumping hardly to $18+! What is reason behind this pump?
Dont worry it wont take long and Link will go down to normal level again lol.Now the price is $16 and continues dropping.
Sorry for the supporter but i really hate Pump and dump currency.
we all know not only Link, but even many other cryptocurrencies have also risen following the bullish move of bitcoin prices, I don't know too much about Link but I think the project looks pretty good too, but don't want to know what's interesting in it, which I know the crypto market is currently bullish and it doesn't seem like a pump
Lol but this one is far different from others because the growth is 400% and that is not normal for me staying in top 5 currency. The rankings that it has also helped. Searching on coinmarketcap has categories for Defi and it's on the top of the rankings, no. 1. That's a factor for most investors to look at, whichever is at the top, that's where they'll invest.
https://coinmarketcap.com/defi/
This is the main reason why it is getting pumped so hard and it is also listed on reputed exchanges so people are not worried about the liquidity and legitimacy issues so they are pouring more money on this projects more than shit Defi projects which are created in a week and listed on uniswap and made huge profits as well by deceiving traders.https://coinmarketcap.com/defi/
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