Here's 1 High-Upside Cryptocurrency That Investors Keep Underestimating
LINK deserves a lot more attention.
Overview
LINK (CRYPTO: LINK), the native token of the Chainlink oracle network, doesn't attract as much attention as blue chip cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH). It's also plunged more than 50% over the past 12 months as fears of interest rate hikes and other macro headwinds chilled the broader crypto market. However, LINK has plenty of irons in the fire -- and it could soar much higher once the crypto market warms up again.
Image source: Getty Images.
Chainlink isn't a blockchain. It's a decentralized oracle network that fetches real-world data -- including news headlines, weather reports, stock tickers, sports scores, and shipping updates -- and delivers that information to developer-driven blockchains like Ethereum. Those developers use that real-time data to create decentralized apps (dApps).
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Source
Originally published at www.fool.com.