Thread 60824244

Over the last month, LINK is by far the best performing crypto (that has a relevant market cap) with a gain of 35%. ETH is up 15% in the same time frame and XRP down 17%. Why is this? I see two reasons:

1. The announcement of the reserve was symbolically important even if a million a week isn't relevant buying pressure. It shows that they are committed to tying the success of Chainlink Labs to the price of the token. People also hope that what are effectively weekly buybacks will get bigger with more adoption.
2. US legislation means stable coins are going to become mainstream, and CCIP is needed in this world
3. Insiders with deep pockets know something is coming and are rotating into Chainlink

Personally I think it's mainly the third point, the reserve is nice to change the narrative but I don't see enough regular "crypto investors" paying attention to keep up this price action. It's pumped 12% on a red day with no news ffs. I still have never met anyone in real life that has even heard of Chainlink, meanwhile a handful of my coworkers own XRP and bought into the "it'll replace banks" nonsense (2 of them actually bought the top in January and panic sold in April kek). Retail isn't pumping LINK yet.

>>60824244 (OP)
chain shit is scam . simple as, top kek and pepe frog say xrp better coin ! u trust pepe frog right anon !?

>>60824244 (OP)
I am convinced that chainlink has insider info on big players in the market, if not manipulating the market themselves. How is it that link price action turns around after years of underperformance literally the day cl posts the "switch flipped" tweet? The market impact of the reserve cannot possiblu explain this.

>>60824244 (OP)
So it's near all time now?

>>60824244 (OP)
Checked. I truly believe it's the reserve announcement and the whole XRP vs LINK banter on X. Plus every crypto influncer on X has been shilling LINK.
Add to that, we are nearing ATH in marketcap, and TVS.

top kek and many pepe frog

do no buy chain shit it is scam , real anon buy xrp!!! many good coin, also u know xrp work with many bank?? yeah

>>60824262
I'm only talking about recent performance here. Everyone knows that over the last few years its been disappointing but it feels like something has changed.

>>60824293
>im not bald, i shave my head.
>do you understand?

link has been tamed, I repeat, the link token (ticker: LINK) has been tamed!

I AM SO FUCKING BULLISH. NOW IS THE TIME, MARINES! WE'RE ON THE VERGE OF OUR LIVES BEING CHANGED FOREVER!

>>60824244 (OP)
the strangest thing has been big accounts start to shill it
very odd
i am very traumatized so don't believe any of it but it is interesting

You have to be retarded to be not all in on Chainlink right now.

It's the most blatantly undervalued asset in the entire crypto economy. You have top execs from SWIFT literally publicly shilling it, orgs like DTCC that process QUADRILLIONS adopting it, Sergey speaking at the White House, the former Google CEO advising him, JPMorgan and VISA announcing partnerships and literally saying Chainlink is the central tech for the RWA boom, etc. and somehow it remained invisible for so long and retards were instead buying XRP. XRP reached rank 3 by marketing itself as a bank coin despite having no real connection and adoption just because tech and finance illiterate uber driver boomers with sunglasses made vlogs in their cars about maybes and what-ifs.

Chainlink actually does everything XRP promised, has all the receipts, on-chain metrics and institutional acknowledgment and yet it fell down to rank 25 during the bear market, below literal dogshit like SHIB, dead ghost chains, etc. It's the most blatantly mispriced asset in the entire market. It belongs in the top 3 and it will remain undervalued for as long as it remains below that rank. Textbook hiding strategy and now they're flipping the switch and just revealed they've generated hundreds of millions revenue when no one was looking and now turning on buy backs and token value accrual. How it took this long for the market to start waking up is beyond comprehension.

Normies only react to price action, so now that price is finally going up, they're only now starting to read up on old news and realizing "wait what, they're working with all the biggest banks? how come I never heard of it before?". And now we're reaching a point where RWA adoption is kicking in and Chainlink is the only gateway for tradfi so expect huge news on a regular basis that will cement it as the most obvious visible valuable asset and leave the scams and amateurs behind. Once it breaks ATH, the FOMO will be insane.

They started a reserve and said the switch has been flipped, I have 2.3k and I’m seriously considering selling about $60k of my very safe stock holding to buy more.

>>60824469
yikes you are going to make me sell fuckign retard

>>60824478
Kill yourself, I was saying the same shit when it was $0.20, when it was $5 and I'll keep saying it at $1000.

>>60824469
it's important to understand that until a couple of weeks ago this guy was putting the same amount of effort into posting fud

>>60824485
loser

>>60824244 (OP)
Ok but its down 90% against btc lmao

>>60824501
fag

>>60824491
THESE FUDSTERS CHANGE THEIR TUNE DEPENDING ON WHICH WAY THE WIND'S BLOWING. THEY MAKE ME SICK! YOU REALLY HAVE TO WONDER WHAT POSSESSES THEM TO SPEND EVERY DAY RAILING ON THIS KINGMADE PROJECT

>>60824475
No kys, i've been in since 2018 so you're not allowed to have more than me

Link pumps. Entire market collapses.

>>60824814
DONT BE SO GREEDY, ANON. CHAINLINK IS THE PEOPLES' COIN! ALL ARE WELCOME

>>60824825
It is known.