$LINK is up 13.5% on the week and the market is treating today's red candle like the story. it isn't.
the story is plumbing. COINTURK reported that Coinbase partnered with Chainlink to power its tokenized Apple and NVIDIA stocks, and Chainlink is also listed as integrating with Robinhood Chain. when a tokenized stock needs a price feed, somebody has to supply it, and that somebody keeps getting named.
fair warning, the Coinbase and Robinhood part is what the coverage says, not something I audited on chain. but two big retail venues pointing at the same oracle is the kind of dull detail that tends to outlast a bad day.
right now $LINK trades at $12.47, after a 24h high of $13.43 and a low of $12.09. my call: if it holds $12.09, I think it walks back toward $13.43 as the dip gets bought. if it loses $12.09, I'm wrong on this and there's nothing to defend. anyone long from higher up eats that loss with me.
holding $12.09 or losing it?
follow me for more calls like this.
the story is plumbing. COINTURK reported that Coinbase partnered with Chainlink to power its tokenized Apple and NVIDIA stocks, and Chainlink is also listed as integrating with Robinhood Chain. when a tokenized stock needs a price feed, somebody has to supply it, and that somebody keeps getting named.
fair warning, the Coinbase and Robinhood part is what the coverage says, not something I audited on chain. but two big retail venues pointing at the same oracle is the kind of dull detail that tends to outlast a bad day.
right now $LINK trades at $12.47, after a 24h high of $13.43 and a low of $12.09. my call: if it holds $12.09, I think it walks back toward $13.43 as the dip gets bought. if it loses $12.09, I'm wrong on this and there's nothing to defend. anyone long from higher up eats that loss with me.
holding $12.09 or losing it?
follow me for more calls like this.