No new money wants to invest in a market where:-rank 3 is a ghostchain-rank 4 is full on Chinese turbomanipulation-rank 5 is a ETH wannabe shitcoin casino that shuts down biweekly-rank 6 is a literal memecoin-rank 7 is another chinkcoin ETH wannabe-rank 8 is another ghostchain-rank 9 is literally token not neededwhile the one coin that underpins nearly all of defi, and is working with all the banks and the US government isn't even in the top 10.
>>60997034TrueBut let it dump to 11 dollar first so i can buy 5k
>>60997034Is chainlink actually used for anything THIS current second?
>>60997072pricefeeds for every top 10 chain
>>60997092kek i guess linkies really are undervalued then, or maybe not idk what the worth of price feeds are.
>>60997072https://blog.chain.link/united-states-department-of-commerce-macroeconomic-data/partnered with the us government and it still cant pump
>>60997034>there are alternatives to Chainlink such as Pyth or building your own
>>60997034>It's simple; either Link takes rank 3 or crypto dies.you've created this condition in your head because you're stuck in a cultthis is certainly not the reality of the space>-rank 3 is a ghostchainccip regularly has $900 days>-rank 4 is full on Chinese turbomanipulationas opposed to a russian?>-rank 5 is a ETH wannabe shitcoin casino that shuts down biweeklybnb has absolutely smoked link in terms of performance>-rank 6 is a literal memecoinLOL... so is link.link is the memecoin for c u c k h o l d s who want to larp that they have equity in chainlink labs caymans companyand so and so forth...>while the one coin that underpins nearly all of defiyou mean the company... not the coincheck that chart kid
>>60997034>-rank 9 is literally token not neededThe irony here. >while the one coin that underpins nearly all of defi, and is working with all the banks and the US government isn't even in the top 10.>MUH DEFIEven the xrp shitcoin can do defi now. And there are multiple chains already popped up to directly compete.I've said this so many times: Competition kills link. And with link being a INFLATIONARY token prices stuck in the 20s makes sense. Most of the holders are in complete denial over this. >>60997072>Is chainlink actually used for anything THIS current second?Holding already public data that can be viewed freely off chain. It also has the little issue of link not actually ever being needed to use the network.
>>60997034Rank 3 isn't just a ghost chain, it's a centralized ghost chain with no active plans to utilize the tokenRank 7 at least has a very high volume of USDT activity on it, that does have value. As much as nobody talks about Tron it's actually being used by big players to bring capital on chain.Rank 8 isn't just another ghost chain, it's a ghost chain no developer wants to build on because of the difficulty, and a ghost chain that literally can not have any worthwhile dapps because it's not connected to Chainlink where the founder has explicitly stated it's going to die without ChainlinkRank 9 isn't just token not needed, it's also another scam governance token where the majority of votes are held by very few coordinated players, meaning your vote is worthless. So not only not needed but not in any serious way useful.Everything else is pretty spot on.
>>60997099>a coin doing $300k per year onchain rev is undervalued at $13 billion market capL O L
>>60997099There are basically two values on blockchain right now:1. DeFi - of which is almost completely depending (80% or so) on Chainlink and its price feeds amongst other services2. Stablecoins - of which are becoming increasingly dependent on Chainlink/CCIP/CREThere is one major incoming speculative value prop for blockchain currently, which is tradfi onboarding. Chainlink is at the center of all of their use cases.Yes, LINK is undervalued when compared to the rest of the market. That said, the market as a whole is massively over inflated. OP listed 7 shitcoins that have a collective $500B+ in market cap. These things are worth $0 or close to it, fundamentally speaking. Yet there are tens of billions of dollars wrapped up in them, if not actually hundreds of billions.
>>60997161Shit for brains they buy $1M in tokens PER week from their revenue just as a way to try to pacify angry bag holders, if you think their revenue is $300k/year you're functionally retarded.
>>60997175Im not a crypto nerd but just looking in from an outsiders perspective, you claiming everything else is a shitcoin but worth more while at the same time your chainlink being so crucial and being worth less screams of heavy bias. Its the whole "everyones dumb im the smart one"
>>60997239Link is simply undervalued because of the quote in OP.You’re acting like investments being undervalued is some kind of impossibilty kek, what planet are you from.
>>60997157Exactly this
>>60997271Im acting like youre calling everything else a shitcoin you seething incel.
>>60997152>Even the xrp shitcoin can do defi now“Now”?XRPL had the first Dex in existence back in 2012.Problem was it was so shitty nobody ever used it, and that’s still true to this day.
>>60997034>It's simple; either Link takes rank 3 or crypto diesIndeed this is the last bull to show if crypto will forever be a meme or be something more
>>60997283Well they are.The description in OP of the top 10 is accurate, and the pic in OP explains why Link isn’t in the top 10.
>>60997303Yea and so does every other top 10 holder have an explanation for their coin existing. But ofcourse youre the 160 iq genius that everyone fails to see.
>>60997295>“Now”?Yeah xrp has defi, i think you burn it to mint some other "xrp" coin and its for defi apps. It's new. The xrpfags posted about it in other threads.
>>60997315>so does every other top 10 holder have an explanation for their coin existingDo they have Swift, JP Morgan, Mastercard, Visa, … backing that up?
What makes (You) guys so sure that Chainlink will win the oracle race?
>>60997391when did Swift, JP Morgan, Mastercard, Visa, ... ever stated that LINK should be top 3?as a matter of fact, when did Swift, JP Morgan, Mastercard, Visa, … ever actually spoke about the token or even referred to its existence?
>>60997404first movers advantage
>>60997034Cry man.Link Is the king of shitcoin
>>60997427>that “logic”>that ““English””Peak thirdie posting hours
>>60997391My nigga im pretty sure xrp works with banks and shieeeet
>>60997557pardon me sirs, so the answer is never?
>>60997562Pretty sure Schwartz said they don’t wanna.
>>60997591Yes and everyones lining up to suck sergeys cock. Two more weeks marines!
Hbar is the niggeriest coin of all
>>60997072Chainlink labs offers many services. The only service that has any connection with the coin is to pay out node providers for providing reliable info. The coin is just a reward coin for node providers
>>60997635Yes.You been living under a rock or something?
>>60997720dont care sorry
>>60997034Real talk, what more can Chainlink do to make the token valuable? Aside from releasing staking 1.0 or increasing the current pool limit.
>>60997751Stop the fucking suppression, make a deal with market makers and binance who are fucking us
>>60997751>what more can Chainlink do to make the token valuable? Aside from releasing staking 1.0 or increasing the current pool limit.>>60997755>Stop the fucking suppressionReminder: 680 Billion Link exists. Suppression is the reason it can even hit $20. If they stop suppression it becomes SHIB prices.
>>60997161What’s the revenue of each of the coins in the top 10?
>>60997714Literally everything Chainlink offers uses the nodes; price feeds, data streams, ccip, svr, … everything.This means everything uses the token since the nodes can’t function without it.
>>60997755>btc, binance, eth everyones out to get us, we're rent free im everyones head!
>>60997072No, ofc not
>>60997404Ask band protocol, witnet etc
>>60997072yes retard how often and how many times we gotta explain it
>>60997930If they ever get a good explanation or rebuttal to the FUD they will abandon the thread and start a new one
>>60997751Why? Do you really trust that it won't inflate the fees?
>>60997034Oh and dont forget the #1 being a literal memecoin thats only value is being first and used to suppress price of LINK
>>60997072Yeah. It funds lavish vacations for sergey and chris barrett
>>60997856Then why token price so bad despite constant bullish news
>>60997864>we're rent free im everyones head!Definitely in yours, Mr. 9 pbtid
>>60997755It's interesting that chainlinks own partner network of banks finance whatever, haven't seen fit to do that themselves. Presumably they have the power to do so easily. Raises many further questions relating to the economic dominance landscape of crypto
>>60997034>implying link isn't a scam
chainlink is the only one with active dumping by the team for the past 5 yearsat least CZ and justin sun know how to hold
>>61000281>chainlink is the only one with active dumping by the team for the past 5 years>>61000183>ackschchually if you think about it, the suppression is really Chainlink's fault!>>60997846>Reminder: 680 Billion Link existsThe absolute fucking state of this board
>>61000912grim desu
>>60997151Lol fuddie
