Summary
This prediction ended on 26.01.22 with a price of €13.58. The BUY prediction by shivbud for Chainlink performed very badly with a performance of -33.54%. This prediction was marked as speculative and is excluded from shivbud'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 | -2.766% | -2.766% | -50.141% | 9.875% |
| iShares Core DAX® | 3,26 % | 2,07 % | 10,10 % | 63,73 % |
| iShares Nasdaq 100 | 5,70 % | -0,60 % | 28,97 % | 87,66 % |
| iShares Nikkei 225® | 7,77 % | -4,75 % | 52,09 % | 76,55 % |
| iShares S&P 500 | 2,80 % | 2,25 % | 23,75 % | 70,23 % |
Comments by shivbud for this prediction
In the thread Chainlink diskutieren
In the thread Trading Chainlink