hat happens to Chainlink’s price if Grayscale lists it?

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ALTCOINSWhat happens to Chainlink’s price if Grayscale lists it?AvatarPublished 6 hours ago on January 28, 2021By Akash Girimath
Source: Pixabay

Institutional investors are clearly interested in cryptocurrencies. This is evidenced by the fact that institutional money is drying up the sell-side liquidity, pushing Bitcoin prices higher. However, it won’t be long before these investors get a taste for the volatility and superior returns that Bitcoin and the cryptocurrency markets offer. Hence, it will only be a matter of time before investors attempt to diversify into altcoins.

While Ethereum is the most popular cryptocurrency after Bitcoin, investors will want more. This is where investing companies like Grayscale and other institution-faced platforms that offer altcoin investments will come into the picture. Source Link

[aiviaa485]

If Greyscale publishes a name for Chainlink then it's certain that Chainlink's price will go up.
The simple reason is that Greyscale is a very large investment company that has large funds to maintain the price of Chainlink.
This is great news from Greyscale for Chainlink Coins. Perhaps it is better for traders to get into the Chainlink coin trade than to miss the train later.

[masudginanjar]

Indeed, Grayscale is able to attract all eyes who understand cryptocurrency.
The FOMO news that is generated from Grayscale feels sharper when compared to news from online media that discusses other things.
I think Grayscale is indeed a very large and trusted investment platform that is able to attract all investors into its ranks.