As many probably know, Chainlink (LINK) is a decentralized crypto project, an oracle service, which has a goal of connecting blockchain-based smart contracts with real-world data. The project was seen by many as one with a great amount of potential. However, its use cases aside, many are also interested in what to expect from its price.
At the time of writing, the project's price sits at $2.31, after growing by 3.63% against the USD, and by 4.20% against BTC in the last 24 hours. Meanwhile, its market cap sits at $810 million, which puts it at the 16th spot on the list of largest cryptocurrencies by market cap.
But, where will LINK go from here? To determine that, let's take a look at how it performed during its relatively short lifetime.
Chainlink so far
As mentioned, Chainlink is a relatively young coin, only being launched a little over two years ago, in mid-September 2017. Despite the fact that the coin saw the launch in time to get caught up in the upcoming bull run that took BTC to $20,000, the coin did not grow nearly as much as others.