Why Chainlink is Undervalued
Chainlink is a blockchain network that deals with smart contracts, allowing connection between the smart contracts themselves and off blockchain sources. Implied in the name, it’s the link to bring information onto new smart contracts. In this article, I will address what Chainlink is in more depth, why it’s undervalued, and my personal opinion on it from an investor’s point of view.
Chainlink is a cryptocurrency with a very useful project backing it. As I said earlier, Chainlink puts information into smart contracts. This is very important because they have an opportunity for endless partnerships with any blockchain network that uses smart contracts. This includes Ethereum, Cardano, and Polkadot. These are big names that need what Chainlink has. It solves one very large issue and it does the job very well.
Chainlink has done more than 25 percent this month and I believe it is still greatly undervalued for a few reasons. First, Chainlink is undervalued because it has no competitors. This currency is completely unique and no other network solves the problem they do as precisely. Projects like Tezos or The Graph also connect data to blockchains, but Chainlink focuses only on smart contracts. This helps the project focus, as well as being more efficient and upgradable. Second, Chainlink already has partners with a huge herd of projects and companies. This list includes Intel, Loopring, Google, Polkadot, and many others. There’s basically a 50/50 chance that any crypto you lay eyes on is partnered with Chainlink. Last, Chainlink has a genuine and well made blockchain. Most investors only want a pump-and-dump strategy to make a few quick bucks, but I don’t see this project slowing down for a long time. I’m not your financial advisor, but if I were then I’d tell you to pack your bags with LINK.
Most people reading this probably think that Chainlink is too expensive to buy right now, but I personally believe that it still has a lot more to go this year. In my opinion, Chainlink will most likely pass 80 dollars. I have a lot of faith in this project but it is slow money. What this means is that this crypto may not be all that exciting but it will increase to no end, just not all at once.
This morning I worked pecs and biceps at my local Fitness 19, which is not my usual split. I would normally do back and biceps, chest and triceps. But I switched today because I was with some friends and that was what they were doing. I was very happy with my workout. I used the chest fly machine with the pin at the deepest setting. I also hammer curled 60 pound dumbbells, albeit cheating slightly. I also did a chest day finisher that I made up. Basically it involves benching a 45 pound plate by pinching it in between your hands, causing three things to happen. First, pinching the plate gets more of the cleavage part of your chest as well as the pectoral-deltoid muscle Insert. Second, the pinching aspect allows you to finish every set because if you fail, then you basically stab your sternum with solid metal. In short, the exercise has motivation built into it. Third, you don’t need a full gym to do this. All your need for this exercise is a plate and a bench.
