Top 5 Reasons To Buy Chainlink (Best Crypto for 2024)

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Chain link is making the right steps in Disrupting the global financial markets And we have five reasons why link can at Least 10x from its current market price It's number one at Cross chain Compatibility it's a data Juggernaut That can handle high frequency Market Data and it will have the computing Power of at least 1,000 supercomputers Now when Steve Ellis and Sergey nazarov Launched link on chain May 30th 2019 the Protocol supported a single eth USD Price feed secured by three Oracle nodes And in less than 5 years chain link has Grown to support over a thousand Oracle Networks across more than 12 blockchains Securing tens of billions of dollars and Smart contract value with an insane list Of Partnerships ccip launching soon You'll see why chain link is a must buy Going into the 2024 2025 bull market It's time to discover Crypto the first reason why linol 10x is When Banks and investment firms get on Board with token as ation they need Strong and reliable Tech infrastructure And a common language for all Blockchains to understand each other but Let's break it down into English first Off chain link helps create a Marketplace for tokenized assets imagine You got a piece of digital gold or real Estate chain link helps you buy sell or Trade that on any blockchain whether

It's a public Ledger everyone can see or It's a private one that's more like a VIP room full of Black Rock executives Next it makes sure that when you're Swapping assets like trading your Digital gold for some digital cash the Deal goes through smoothly on the same Blockchain or even between different Blockchains this is like making sure you Get your Big Mac after you paid at the First window no one runs off with your Change or the burger when you pull up to Window number two chain link also Prevents deals from falling apart it's Like making sure when you traded your Skateboard for that video game with your Best friend down the road both of you End up with what you got no take axis Second reason why I think chain link and 10x it Bridges old school Financial Systems with new blockchain technology Think of it as teaching your Grandparents to text it's all about Making sure the Traditional Bank systems Can talk and work with the futuristic Blockchain Tech smoothly so in a Nutshell chain link is Paving the way For a future where buying selling or Trading digital assets is as easy and Reliable as shopping online making it a GameChanger for big banks in the Financial industry next let's head over To coin Echo chain link is currently Raked 16th and valued around $17 with a

Market cap of nearly 10 billion when Taking a look at the chain link chart It's important to note a significant Buy Signal flashed on the weekly time frame Back in December of 23 we covered this And congrats if you jumped in with us on That signal this signal which is also The third reason why we might 10x is Known as a golden cross and it occurs When the 50-day EMA or exponential Moving average crosses the 200 day EMA And is considered one of the strongest Bullish signals there is and you can see When ethereum had a golden cross in June 2020 the price was around 240 over the Next 12 months the price skyrocketed Over, 1300% hitting almost $5,000 chain link Looks to be following a similar pattern Back in December 23 the price of chain Link was under $15 and since the Golden Cross has been confirmed and a 1300% Gain gives you a $211 chain link this time frame doesn't End until early 2025 so you have plenty Of time to accumulate now currently it's A running joke in crypto that chain link Will partner with everyone but they Aren't kidding to name a few chain link Has partnered with Google Cloud Amazon Web services B and melon America's Oldest bank harar synthetics and the List goes on and on but one of the Biggest Partnerships and certainly the

Most impactful is their partnership with Swift which is why I have reason number Four chain link at 10x Swift is to Connect over a dozen financial Institutions to blockchain networks Simply Swift is an inbank messaging System that connects to Banks and Enables crossb payments this was first Announced last year at chain Link's Annual smartcon conference and the Swift And chain link partnership will connect Both public and private blockchains aka The private chains used by the big Banks Serge sums it up best banks hold the Largest amount of capital globally and If our industry is going to grow past The single digigit trillions that then The banks have to come in and in reality I think it will be the banks and their Clients that grow the blockchain Industry past 10 trillion nazarov said Now the fifth and final reason is ccip Which turns smart contracts which are Essentially digital agreements that Execute when certain conditions are met Into communication Wizards that can talk Across different blockchains this opens Up a world of possibilities for Developers to build Innovative apps with Ease think of it like this Swift the System used for Bank Communications Usually just sends payment instructions From One bank to another however with Ccip it's like Swift has leveled up or

Evolved like your favorite Pokemon it Becomes way more powerful because it can Now play a role in moving money around Not by itself but by leveraging the Capabilities of blockchain and so Instead of just delivering messages Swift with the help of blockchain can Ensure that payments are actually Settled making the whole process more Efficient and secure if banks try to Connect with blockchains directly Bypassing systems like Swift and without The help of chain link they're looking At years of development sky high costs And a maze of regulatory hurdles however By joining forces and just combining Networks they can streamline this Process making it much faster and more Efficient in their Q4 2023 product Update chain Link's Chief product Officer highlighted the community's Excitement revealing that the general Access launch of link ccip is set for Early this year this launch is not just A milestone for chain link and Swift but It signals a new era where Banking and Blockchain Technology merge seamlessly With the ccip set to go live this year We're on the brink of witnessing how Banks armed with the largest Capital Reserves globally will usher in Blockchain Innovation and expansion Potentially catapulting that industry Value past that1 trillion Mark as we

Wrap up on the top five reasons why Chain Leake is a compelling buy for this Bull market it's clear that chain Leake Is at the Forefront of bridging Traditional Finance with blockchain Technology between cross-chain Interoperability or the growing list of Partnerships chain link is not just a Cryptocurrency it's a Cornerstone for The future of Finance for investors and Crypto enthusiasts looking to be part of A movement that's shaping the future of Money movements and smart contracts Chain link presents a unique and Exciting opportunity remember informed Investment decisions are key so always Do your own homework if you're as Intrigued by Chain Link's potential as I Am keeping a close eye on its Development could be a smart move hey Thanks for watching and make sure to hit That like button share this video with Your friends and subscribe to the Channel I'm Dey for discover crypto We'll see you at the Top

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