Summary
This prediction ended on 25.01.23 with a price of €6.01. The SELL prediction by Gilbert for Chainlink performed very well with a performance of -56.64%. This prediction was marked as speculative and is excluded from Gilbert's performance statistics.Chainlink is a decentralized oracle network that connects smart contracts on blockchains like Ethereum with real-world data and events. Essentially, it is a way for blockchain to access external data in a secure and reliable way.
The main applications of Chainlink include:
1. Decentralized finance (DeFi): Chainlink is commonly used by DeFi protocols to obtain real-time price feeds for cryptocurrencies, stablecoins, and other assets.
2. Insurance: Insurance policies are executed on smart contracts, and Chainlink provides the necessary data to trigger payouts based on real-world events.
3. Gaming: Chainlink can be used in gaming to provide random numbers and other data that determines game outcomes.
4. Supply chain management: Chainlink can be used to verify the authenticity of products through data on the supply chain.
5. Decentralized autonomous organizations (DAOs): DAOs use Chainlink to retrieve data related to voting and governance decisions.
Overall, Chainlink's main application is in providing real-world data to blockchain systems and creating secure connections between them.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Chainlink | -0.485% | -0.485% | -59.941% | 4.228% |
| iShares Core DAX® | -0.821% | -2.027% | 9.725% | 57.409% |
| iShares Nasdaq 100 | -1.743% | -5.354% | -0.863% | 80.459% |
| iShares Nikkei 225® | 1.215% | 6.383% | 27.786% | 62.930% |
| iShares S&P 500 | -1.167% | -3.462% | 0.098% | 55.836% |
Comments by Gilbert for this prediction
In the thread Chainlink diskutieren
In the thread Trading Chainlink