Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Chainlink Forum => Topic started by: aiviaa485 on January 29, 2021, 04:32:51 AM
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I don't want to be prejudiced against the Chainlink coin because it has just climbed into the top 10 of Coinmarketcap rankings.
We can remember everything that happened to TRON, in the past TRON was also in the top 10 on Coinmarketcap but is now out of the top 10.
Bitcoin and Bitcoin Diamond are also in the top 10 on Coinmarketcap but now they are nowhere. Bad !
My questions is Is Chainlink going to be knocked out any time soon from top 10 Coinamrketcap?
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It's hard to say, because the technologies and capabilities of Chainlink are very popular and the interest of investors in Chainlink is very huge, so I don't think that Chainlink will emerge from the top 10 cryptocurrencies by CMC in the near future, but of course, at any time, any new cryptocurrency project may appear that will overtake Chainlink, for example, like it was with Polkadot.
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Currently, ChainLink is still in 9th place with a slightly higher market cap than BitcoinCash. So in short, the position in the top10 of ChainLink is guaranteed.
However, if the UNI price spikes & BCH has a good growth, it is possible that ChainLink will be kicked out of the top10.
I still believe in the development of ChainLink because it is the leader for the trend of applying blockchain to businesses. We should expect ChainLink to take the 8th place of LTC :)
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The circulation of money in Cryptocurrency is very fast and it is certain that it will change everything.
Maybe the Chainlink coin is now in its heyday but one day it will also decline or even surpass the current price in the cryptocurrency market.
I have been feeling this way since 2017 and it is very vulnerable to altcoins that make up the top 10 on Coinmarketcap.
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Obviously, LINK is a potential project and has the capacity to remain a top 10 coins on the coinmarketcap ranking. I think LINK has breaking out to a big All Tume High and I think Link will create more records in 202.
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I don't want to be prejudiced against the Chainlink coin because it has just climbed into the top 10 of Coinmarketcap rankings.
We can remember everything that happened to TRON, in the past TRON was also in the top 10 on Coinmarketcap but is now out of the top 10.
Bitcoin and Bitcoin Diamond are also in the top 10 on Coinmarketcap but now they are nowhere. Bad !
My questions is Is Chainlink going to be knocked out any time soon from top 10 Coinamrketcap?
That position is not irreplaceable, just because a project is in top 3 9r 10 don't mean it won't be replace when a hood competitor comes knocking, tron was not able to maintain the position so it got kicked, as long as link can keep up with the good work and pushing hard then they may be able to sustain that position otherwise a better project will come and replace them.
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The condition of chainlink will be much better. However, there is no possibility of being knocked out. The Keto currency market is always in a good position. While the prices of high-end currencies in the cryptocurrency market are rising, the condition of most cryptocurrencies is getting better. So the condition of the chainlink will change.
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It all depends on the CEO of a project based on cryptocurrency.
Cryptocurrency is full of surprises every day and the founder of that coin really has a strong contribution to the progress of the coin in the future.
If Chainlink is left alone by the #DevelopmentTeam and the CEO, it can happen at any time, anywhere the coin will be thrown from the top 10 Coinmarketcap or maybe even die slowly.