that link can reach 4K CAD per link.Is market cap only thing holding it back?can a reserve help push up price?What determines Bitcoin price and etherium price when they have a bigger market cap than chainlink.
>>627275184 trillion market cap or ~2.8 trillion USD won’t happen until like 2040
do they even report PE
Market cap is derived from price and circulating supply, not the other way around.There is 0 in place for the token to go up except for price and speculation. Its all priced in. Sell at ath.
>>62727518>convince me that link can reach 4K CAD per link.It cant. It's a fantasy advocates and shills are pushing so retards will provide more liquidity for chainlink
Maximalist scenario is every asset class and financial options all in one global market enabled by LINK. A percentage of each contract worth would have to be collateralized by LINK to disincentivize foul play from nodes, which would lead to a very high market cap for LINK and per token price. Although it is prudent to not count on a maximalist outcome happening. Personally I think a 8-12x is in the tank in the short term.
>>62728326Short term in the next decade you mean
>>62728328I mean LINK should eclipse shit like tron and BNB, which would be a 10x, idk when tho. Hard to speak in certain timelines when it's all speculation and market sentiment.
>>62728326>>62728332I honestly think Link holders will be a lot richer than they think. They are operating in this world where, “ok I need 10 million dollars to be secure.” >10,000 Link>price of $1,000>$10,000,000>retiredBut clearly there’s some sort of reset happening which link is the backbone of. Regular people who have above avg jobs are falling behind and things are not sustainable.I mean couldn’t there be a scenario where we go back to like 1995 prices and that $10,000,000 which is pretty good for the rest of your life at this point becomes borderline generational wealth in a reset.Or maybe we have already made it and prices go back to 1920 prices. And link doesn’t even need to go up anymore.
>>62727518It can'tIt'll reach about $65 per Chuckecheese token and then collapse again
>>62728332I believe that enslavement of the masses is still the goal, but maybe this system dials back to like 1995…. And now people have breathing room and see a future… just to ultimately be completely enslaved 20-30 years from now. Not that link holders will care cuz they’ll have fuck you money
>>62727518The number is going upSearch for "chainlink the standard" and "golden record" in the archives
>>62727518The reserve is pointless. they are releasing more tokens than the reserve can absorb, and this is going to go on for years.
>>62730233Plus, the reserve is just another bank for them to later release tokens.
>>62730233>>62730238LINK has had way less inflation than other cryptos in the top 10. And there is only a +33% supply expansion left in the tank.
