Posted 1/8/2024, 4:55:21 AM
Chainlink Investors Remain Bullish Despite Recent Slump, Citing Long-Term Potential
- Investors are defending Chainlink (LINK) despite recent lacking price performance, anticipating long-term potential
- Typical investor mindset is to hate on underperforming cryptos then FOMO back in when prices spike
- Chainlink declared it's the standard for capital market and Web3 transactions, launched Cross Chain Interoperability Protocol
- Investors claim Chainlink has real-world utility and long-term fundamentals that suggest value
- After reaching $17 high in late 2022, LINK price consolidated but recently resumed upward trend