Chainlink being widely used is one thing. The real demand for $LINK is what we need to look at next.
$LINK is used to pay for Chainlink’s data services.
It’s currently priced at 14.016 $USDT, up slightly over the past 24 hours. The coin is also used for staking to help secure the network.
The key question is whether use of these services creates additional demand for the coin. A long list of partners alone doesn’t tell us how much buying demand for $LINK has increased.
$LINK is used to pay for Chainlink’s data services.
It’s currently priced at 14.016 $USDT, up slightly over the past 24 hours. The coin is also used for staking to help secure the network.
The key question is whether use of these services creates additional demand for the coin. A long list of partners alone doesn’t tell us how much buying demand for $LINK has increased.
