/biz/ - Business & Finance

It is hard to believe that with the supply of LINK and the current total crypto MC that LINK has much further to increase without either some kind of unprecedented project announcement or a market-wide bull run somehow gearing up through a global pandemic. Even if they announce staking at this stage how much further can the price go in the short term?

LINK's current MC dominance is 1.1% or so. To get up to $20, just a 3x from here, either the entire total crypto MC must reach its ATH again with LINK holding that market dominance, or LINK would have to triple its MC from near ATH and enter the top 4 on its own.

Risk is getting very high.

I'd like to hear how people are thinking about this. We've had a pretty big increase aready. You can't compare this to ETH or NEO because it's a different time and LINK is already #8.