... LINK is capped as a hard asset with 0 inflation as the max supply that can ever be made is 1B tokens. Currently there are 402 million released into the ecosystem. Based on network value and scarce asset value - I have LINK to target $2,300 by cycle end.
This is a LONG-term price target ONLY and not a short-term trading target so don't get upset when you buy and your initial investment is down 15% in a day.... LINK is much too valuable to trade and something that should be accumulated ONLY as the demand for reliable immutable information flows from trillions of IoT devices to autonomous AI agents acting on behalf of humans in the M2M (machine to machine) economy will be so immense and so great, that LINK will be the crucial ligament that connects all sources of reliable unmanipulable information. LINK has already proven its success and has the wins to back it to date as every major project trusts LINK... add in the fact that LINK has a hard cap unlike most other projects that inflate and LINK becomes extremely valuable in its terminal value
This is a LONG-term price target ONLY and not a short-term trading target so don't get upset when you buy and your initial investment is down 15% in a day.... LINK is much too valuable to trade and something that should be accumulated ONLY as the demand for reliable immutable information flows from trillions of IoT devices to autonomous AI agents acting on behalf of humans in the M2M (machine to machine) economy will be so immense and so great, that LINK will be the crucial ligament that connects all sources of reliable unmanipulable information. LINK has already proven its success and has the wins to back it to date as every major project trusts LINK... add in the fact that LINK has a hard cap unlike most other projects that inflate and LINK becomes extremely valuable in its terminal value
Of course this is much longer-term prediction and be mindful this could come in 2022 depending on how quickly Musk wants 100% fully autonomous cars... as my view and Elon knows this too is that the only way to have 100% fully autonomous cars is to have static Smart Roads and Smart Sensors embedded in roads, buildings, street lights talking to dynamically moving cars. This will be the tipping point of transforming what I call a 50% autonomous car to a fully 100% autonomous car and something like LINK will be instrumental as it is the only trusted source of data flow for mission critical events.