Eric Schimdt has joined Chainlink as an advisor. Last time Chainlink went on a bull run was after Google announced they are integrating with Google. We have gone through a complete market cycle and we just had the last shakeout before starting another Disbelief rally. The Chainlink team used to transfer between 500k and 1.5m tokens every week consistently since March 2020 from the developers wallet into the circulating supply. For the past two weeks there have no transfers been made anymore from any of the 7 developers wallets, this means that approximately 
30M of weekly selling pressure has been lifted off the market. Chainlink has monopolised the decentralized oracle industry and is on its way to securing $100b of value. Once major corporations hop on to the Web 3 hype the value secured by Chainlink oracles could easily reach a trillion dollars.. imagine what it would be like if you could have invested in Google before it became available on the equities markets.
30M of weekly selling pressure has been lifted off the market. Chainlink has monopolised the decentralized oracle industry and is on its way to securing $100b of value. Once major corporations hop on to the Web 3 hype the value secured by Chainlink oracles could easily reach a trillion dollars.. imagine what it would be like if you could have invested in Google before it became available on the equities markets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.