Chainlink Price

Read everything about the Chainlink Price.

Follow the Chainlink price in euro

In the above chart you can find the current Chainlink value and the percentage change over the last 24 hours. Our partner Bitvavo gives our readers a clear overview of how this cryptocurrency performed over the last 24 hours.

To get a clear overview of a trend, you also have the Chainlink price over seven days, over thirty days, a YTD (which stands for since the beginning of the year until today) and the price performance since the beginning of the listing, which can be seen under ALL.

You can see that the nightly prices are also shown, as cryptocurrency trading never stops. Stocks take a break during the weekend and evening, but crypto does not, it just continues 24/7.

You also get the possibility to buy Chainlink in the chart. Based on the current price, the price is determined for the quantity you enter. If you click on Buy LINK, you will immediately be directed to the cheapest broker of Europe. Bitvavo charges a maximum of 0.25% per transaction.

LINK price in euros and dollars

Below you can see the price of LINK together with a percentage day overview on top of that over the past week and month. With this information, you have a good overview for your analysis.

Click on USD if you want the price in US dollars instead of euros.

Please note that the price may vary by a few euro cents compared to the rates provided at the top of the page. This is due to the fact that two different suppliers provide the data.

The history of Chainlink’s price

Chainlink is a cryptocurrency project that builds a decentralized network of Oracles, or connectors. Oracles ensure that external information can be used and processed in smart contracts. Normally only information within the blockchain can be used. For example, the Bitcoin price can be imported onto the blockchain provided by Coinpaprika using an API.

If you know that Chainlink has a partnership with SWIFT, a large American payment network, you realize that it may be a major cryptocurrency coin of the future.

LINK was listed for the first time in September 2017 at a price of about 20 cents and of course made a big leap during the bull run in December of that year. Where other prices have stabilized since then, LINK has made good progress since the summer of 2019 thanks to the SWIFT partnership. In addition, the collaboration with Google Cloud in 2019 also gave a very big boost.

In 2019 Ontology announced that it would implement Chainlink’s technology and ICON will take over the technology in 2020. The introduction of Mixicles, which guarantees privacy on the blockchain, also resulted in a major increase.

At the beginning of 2020, the Chainlink price was 2,50 euros, a very good start of the year. If the SWIFT story would have a sequel with other payment systems that also accept the system, the future is looking very bright for LINK.

Chainlink is one of the few coins that reached its all-time-high mid-2020. This shows that the demand of this coin is very high.

Chainlink historical prices

Below you can find the historical Chainlink prices of the past week.

How is the Chainlink price established?

As with all other cryptocurrency, the price is always based on the balance that needs to be found between buyers and sellers. If there are more buyers than sellers, the Chainlink price goes up. If too many people want to sell their Chainlink at the same time and there are not enough buyers, the price goes down.

Large companies have a marketing department to advertise their new products and hope that a news item about their latest development will be adopted. In the crypto market it usually still depends on the news of the day.

Crypto is still small as a market and depends on what is in the news. Considering the fact that especially the younger generations are interested in crypto, the medium is quite often mentioned on social media and the prices have been going in the right direction in recent years. Note that this is no guarantee for future profits.

Chainlink price prediction

Of course, no one can predict the future in detail, but it is possible to set out the broad outlines. It is quite clear that the younger generation chooses to carry less cash with them and prefer to pay everything digitally with a debit card.

Soon, it is expected that even debit cards will disappear and that everything will be paid for with mobile apps, but that’s music for the future. It is good news for cryptocurrency as it goes hand in hand with the development of apps and electronic payment systems.

The Oracle solution of Chainlink is widely used by other blockchains. They are also big in the DeFi (Decentralized Finance) sector and they entered the Pharmaceutica sector.

What do you need to take into account with the Chainlink price?

Cryptocurrency, given its rather small market capitalization compared to traditional stocks or financial markets, is highly volatile. This means that due to the fact that large whales can have a serious influence, prices can rise or fall sharply. This can even happen with over 10 percent in a day. Also, a new technological development can have a major influence on the prices.

So, this also applies to the Chainlink price. In the news you’ll often see the big rises, but you have to take into account that the price can also drop tremendously.

Cryptocurrency is not really a stable, calm market at the moment, and we do not expect this to change in the coming years. If you are someone who dares to take risks and who likes to discover new things, then cryptocurrency might be something for you. If you keep worrying about your investment, you might want to open a savings account.

An important rule of investing is that you should never invest more money than you are willing to lose. Only invest with money you don’t need for your daily needs, such as, your rent, mortgage or groceries.

How to invest in Chainlink?

In our knowledge base and the menus at the top of the page you can find a lot of information that can help you make the right choice.

We advise you to go through the pages and do some good research before you make your decision. For example, you can start with our broker reviews and then go to the page that explains where you can buy Chainlink. That way you can make your own choice.

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