Happy coin news, citing popular crypto strategist Benjamin Cowan, believes that Chainlink (LINK) is onpath to growth, despite the disappointing results in the crypto market last year.
In a new interview with analyst Benjamin Cowen, host of financial education YouTube channel InvestAnswers, explained the reasons for his optimism about a decentralized oracle network.
LINK/ETH below 0.008 ($26.25)…when this happens it’s an indicator to buy Chainlink…
It's consolidating a bit now, but I think with the advice of the former Google CEO involved there, Chainlink has only bullish times ahead.
In December, the Chainlink team announced that it had hired former Google CEO Eric Schmidt as an advisor to the project.
The only thing that worries me a little aboutChainlink is inflation. It is a little higher than I would like, but you cannot deny that it is part of all smart contracts in all networks around the world,” the channel host added.
The analyst also shared his forecaston Ethereum (ETH) for the next 18 months. He doesn't see any way for any of Ethereum's competitors to make much headway, leaving the leading smart contract platform to reign supreme.
Nothing will happen.Ethereum will rival any other network in terms of market capitalization, unless the wheels come off completely. I think this is very unlikely. Ethereum is slow and stable, rock solid, and everything works on it.