Rley from Crypto Love posted a video earlier this week to address the potential value of 100 Chainlink (LINK) tokens by 2025. This period is believed to be the end of the upcoming bull run and alt season.
With the crypto market showing bullish indicators, Rley delves into various scenarios for Chainlink’s future price.
Rley points out several positive market signals, including the Golden Cross for the total market cap of crypto, which has only occurred twice before in 2016 and 2020. Both instances preceded massive parabolic rallies for the alt season.
Doge2014 raises 450K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Additionally, the Gaussian has flipped green on the 2E chart, and the price has broken out for the crypto total market cap, excluding Bitcoin and ETH.
According to Rley, the broader altcoin market structure is following perfectly what happened in 2016 and 2020, suggesting that accumulation is coming to an end. He describes a giant multi-year cup and handle, calling it a nice bullish chart for altcoins.
Read Also: Top Analyst States Condition for Bitcoin (BTC) Price Spike to $100k and When It Could Happen
Focusing on Chainlink, Rley notes its “unbelievably clean structure” with the potential to go up to the 1.618 FIB. He compares Chainlink’s chart to Ethereum’s performance in 2021, hinting at a possible similar trajectory.
Interestingly, Rley highlights that Chainlink whales have bought up over 10 million LINK in the past two weeks, totaling approximately $120 million. This whale activity, combined with the push for tokenization of real-world assets, positions Chainlink as a potential key player in the oracle space.
Rley then presents three scenarios for Chainlink’s value by 2025:
- Conservative Scenario: If Chainlink returns to its previous all-time high market cap, investors would see a 2.5x return. Rley considers this “given” and something he would bet on every day.
- Expanding Cycles Theory: Based on historical altcoin performance, this scenario could result in a 69x return on investment.
- Optimistic Scenario: If Bitcoin reaches hundreds of thousands of dollars this cycle and Chainlink becomes the number one altcoin, investors could potentially see a 448x return.
While acknowledging that some of these predictions are long shots, Rley reminds viewers that when they happen, they may regret not accumulating the token earlier.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
