Raising my PT on LINK to $150 by March month end.
Grayscale could not have timed this better considering that nearly everyone is receiving their $1400 stimulus check in the mail this week - this could lead to unprecedented demand from both the institutions who will now front-run Grayscale and from retail.
This is the beginning of institutional demand for LINK - buying now offers you extreme upside before the large move ahead. LINK is the most fundamentally undervalued project in the crypto space. LINK is the MOST adopted and used project and yet its price doesn't reflect the network adoption... should be worth north of $300 today.
Grayscale could not have timed this better considering that nearly everyone is receiving their $1400 stimulus check in the mail this week - this could lead to unprecedented demand from both the institutions who will now front-run Grayscale and from retail.
This is the beginning of institutional demand for LINK - buying now offers you extreme upside before the large move ahead. LINK is the most fundamentally undervalued project in the crypto space. LINK is the MOST adopted and used project and yet its price doesn't reflect the network adoption... should be worth north of $300 today.
Comment:
Comment:
$2k could be a potential target for LINK depending on adoption and integration. Once a firm like TSLA adopts LINK's oracle tech for mission critical autonomous driving ... LINK will be out of sight. SWIFT integration is happening a lot sooner than anyone realizes and yet it's not priced in. A lot of people will look quite lost when LINK rips their face in two.
My background is in Telecoms and Connectivity and LINK is without a doubt the most undervalued infrastructure asset globally currently. Telecom and data infrastructure assets are worth nearly $12 Trillion in value globally... LINK is only a teeny tiny $12 billion sliver and has massive room to grow due to its reach and adoption with 8 out of 10 DeFi projects relying on LINK's tech.
Additionally, LINK drives technological advancements that have unknown use cases which is where the real emergent value phenomenon occurs on the margins and has 2nd derivative impacts and feedback loops back into value. Buying LINK here is massive discount to its future value and LINK will begin to enter the mainstream investor consciousness at triple digits which is when in my view the mainstream realizes that the technology and mission critical infrastructure status and its relation to how smart contracts will work in the end is understood and then it will be a race to buy LINK before it hits quadruple digits.... Grayscale releasing the LINK Trust was instrumental and will continue to be instrumental for institutions to accumulate a major base as they wake up to the fact that LINK is necessary for the survival of nearly every blockchain to interoperate successfully with Legacy IT systems and with other digital blockchain protocols as well as frontier IoT devices not yet connected to the internet by the trillions of devices.
My background is in Telecoms and Connectivity and LINK is without a doubt the most undervalued infrastructure asset globally currently. Telecom and data infrastructure assets are worth nearly $12 Trillion in value globally... LINK is only a teeny tiny $12 billion sliver and has massive room to grow due to its reach and adoption with 8 out of 10 DeFi projects relying on LINK's tech.
Additionally, LINK drives technological advancements that have unknown use cases which is where the real emergent value phenomenon occurs on the margins and has 2nd derivative impacts and feedback loops back into value. Buying LINK here is massive discount to its future value and LINK will begin to enter the mainstream investor consciousness at triple digits which is when in my view the mainstream realizes that the technology and mission critical infrastructure status and its relation to how smart contracts will work in the end is understood and then it will be a race to buy LINK before it hits quadruple digits.... Grayscale releasing the LINK Trust was instrumental and will continue to be instrumental for institutions to accumulate a major base as they wake up to the fact that LINK is necessary for the survival of nearly every blockchain to interoperate successfully with Legacy IT systems and with other digital blockchain protocols as well as frontier IoT devices not yet connected to the internet by the trillions of devices.
If Buffett and Munger were into crypto, they'd be LINK HODLers