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Markets · Investing · Business
Finance
Here's Why I'm Buying Chainlink (LINK) Right Now
A major new product upgrade could mean big things for Chainlink's asset tokenization aspirations.
In the crypto market, Bitcoin(CRYPTO: BTC) is getting all the attention right now thanks to its spectacular mini-rally since July. But Chainlink(CRYPTO: LINK) is actually outpacing Bitcoin for the year and could be a better buy right now.
Chainlink is up 18% for the year, while Bitcoin is still down 5%. Best of all, Chainlink has an exciting new catalyst that could send it soaring higher over the next 12 months.
Details
At the end of September, Chainlink unveiled CCIP 2.0, a major new upgrade to CCIP, the blockchain interoperability protocol that it introduced back in 2023. The 2.0 upgrade includes important new security safeguards and features.
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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