What are the chainlink price predictions for 2023?

The Chainlink price predictions 2023 suggest a +206% increase from the current Chainlink price. According to our Chainlink crypto price prediction, the average price is anticipated to be $25.76, while the lowest and highest possible LINK prices may be around $18.50 and $33.02, respectively.

Why is chainlink's price so high?

In 2021 alone, Chainlink had over 700 partnerships, integrations, and collaborations; in the first quarter of 2022, the project added 140 more. The surge in the price of LINK is often tied to rising interest in the coin and significant DeFi developments.

What happened to chainlink?

LINK began trading at $19.6 in 2022, with a nice push in the LINK price in the first month itself. But after the price of Chainlink reached $28.22 on January 10, the token faced a massive downfall. It is currently trading at a 78.8% less value compared to January.

How many projects are linked to chainlink?

The more projects linked to Chainlink, the higher the market price of LINK, especially if the projects boom with impressive scalability. In 2021 alone, Chainlink had over 700 partnerships, integrations, and collaborations; in the first quarter of 2022, the project added 140 more.