I've been trading for a while, and I could talk about this dog coin LINK for an entire night, really, don't try to fool people with those official phrases, let's just speak the truth. It's the token for Chainlink's oracle, to put it simply, it's needed when on-chain data is lacking, relying on it to relay messages. Those DeFi contracts that provide prices can't function without it; this thing really has legitimate use, it's not a worthless coin meant to rip off investors, I can say that confidently.
But the price action of this coin is truly insane. A few years ago, the unlocking and selling pressure made people's scalps tingle. Several of my friends bought in at the top and were stuck for half a year, cutting losses was painful, and not selling was just stressful to watch. Playing it short-term is pure torture; any technical indicators are worthless in front of it.
I don't pay attention to its short-term fluctuations at all; I just throw in my bottom position and wait. With the RWA trend rising, real assets on the blockchain will need oracles, and LINK, as the leader, won't starve. Don't listen to those internet celebrities bragging about hundreds or thousands of times returns; they are just scamming fools. This coin is just an infrastructure asset, it's stable, and if you want to get rich overnight, you should roll out early.
Occasionally, the project has some small technical issues, and competitors are jumping around every day, but for now, they can't take its position. Anyway, I have one thing to say: LINK is the real deal, much stronger than 90% of the shitcoins in the circle. If you can hold it long-term, keep it; if you can't, don't touch it. Don't lose your money and then complain; first, check if you chased the highs with your itchy hands.
LINK11.35-3.79%