Chainlink Will Shock Crypto Market In 2024

Why Chainlink crypto is the altcoin to watch in 2024.
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00:00 Intro
01:55 Oracles
04:46 CCIP
06:58 Link Stats
09:55 Link Partners

#bitcoin #crypto #investing
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Chain link is going to shock the crypto World in 2024 this is probably one of the most misprice assets that I have seen in a long time in the cryptocurrency markets and I’m basically a piece of furniture around here at this point been around a while how more

People have not woken up to what has happened with chain link boggles the mind now this video is going to explain exactly why chain link is not a coin to fade in 2024 now real quickly of course before we begin I own a trunkload of

Link I want it to do well you can find a full portfolio disclosure down below I’m not selling my link anytime soon by the way obviously investing in crypto is super risky you’re probably going to lose all of your money again full risk statement and disclosure statement down

Below if you want to know how to hold including my Venture Investments that’s where check it okay so so with almost 30,000 wallets now holding more than a thousand link well done everybody it should come as no surprise that I think chain link is not just one of the most

Important technologies that we see in the cryptocurrency marketplace but also one of the most hyped link hype baby and chain link of course doesn’t just appealed all of us you know crypto Bros or crypto gals I guess welcome to crypto gals not many out there welcome it solves a much

Bigger problem outside of the Block Chain space that’s why more and more of these guys want to get into the chain link action one of the only ways they can do this right now the big money guys that is not not you and me with big money guys grayscale trust so it’s

Launching back at the beginning of 2021 there was a chain link trust so they can go and buy this now trust has started hitting prices like 200% higher than chain Link’s actual spot price showing that people desperately want to get their exposure to that so why do you

Think some of the smartest most seasoned investors in the world are willing to pay double the current value for chain link it’s because they already understand that chain link is much more than just oracles playing with each other cut it out you Oracle stop playing with each other it’s a valuable and

Necessary upgrade to ethereum Smart contract technology more broadly it is an essential piece of infrastructure for the entire crypto space without the development of chain link defi as we know at that’s decentralized Finance simply would not exist chain link provides critical security components that assist networks in reaching consensus faster and more

Efficiently oh and the most recent announcement here is of course the deployment of oracles to polygon ZK evm happened just a few days ago as well as ethereum layer 2 another ethereum layer to polygon Z zkm is also layer to ZK sync also doing it so getting all over

The place chain links everywhere chain link is responsible for connecting over 2,000 different Wallops decentralized applications Marketplace Bridges games and interfaces damn chain link you busy bro forg of course also solid Partnerships with Amazon Google major telecoms like voto yeah vone International Telecom brand vone Jane link is working with multiple banking

Groups like Swift and City Bank for years more on some big Partnerships later by the way because really important participating in countless experiments through these Partnerships has thus provided chain link with a very solid track record of success and that success happening with some of the largest institutional

Players in the world just underlying that in your brain somewhere cuz it’s damn important that’s all been showcased by the deployment of chain links services to its 100th blockchain recently chain link didn’t get to where it is of course overnight it’s been around here for a while it’s an old hat

In the crypto Market of this place it’s been hard at work connecting everything to everything for years now redesigning and of course reimagining the direction of the crypto space on a constant basis chain link is at the front of what’s happened a lot in this space this year

Of course no different for chain link but before we get to that aside from knowing exactly when I’m buying or selling all of my chain link of course I’ll update you guys here on YouTube too but you can also get tons of the latest news about chain link and really just

Everything else happening in the cryptocurrency space as it happens by signing up to the best damn free newsletter in the cryptocurrency space it’s called wealth Mastery you can join our over 90,000 weekly readers using the link Down Below in the description where you can start getting weekly Alpha straight to your inbox on

Altcoins crypto news airdrops technical analysis Deep dive reports all kinds of stuff stop missing out click that link check it out thank you very much so this is now where we need to talk about the cross chain protocol ccip this is interoperability getting put into hyperdrive ccip basically introduces significant upgrades to the

Function of smart contract tokens allowing for seamless transactions between the public and the private networks which means we’re not just talking about chain link passing information back and forth between ethereum and other blockchains o this is big you’re going to want to hear this we are talking about chain link passing information between

Organizations like the US Treasury the Federal Reserve the freaking NASDAQ this makes link much more than just another altcoin it’s big the objective of Designing this cross chain interoperability protol is to unlock the trillions and trillions tied up in real world assets and to do that they’re partnering with people that do

Quadrillions in volume more about that in a minute think about like this when was the last time you saw someone just you know whip out one of these old things to record you know little Timmy’s first words likely never if you’re under the age of 20 and watch watching this

Likely too damn long if you’re as old as I am yeah anyway we’ve evolved enough that in a relatively short period of time documenting our memories on a predominantly digital format has basically become the norm every’s using their phones nowadays for everything nobody’s using old stuff anymore we

Accept digital versions of real world assets like equities Securities property should not be any different right and it won’t be chain link helps create the world we having your mortgage your government bonds your gold your car all represented on the blockchain being possibility the new Norm is coming it’s

A Brave New World and chain links at the front of it ccip has been rolled out across quite a few applications so far as well generating more than $200,000 in revenue for chain link so far so a nice start it’s only been live for a few months and check this out a

Recent paper from Apec highlighted chain link as a blockchain interoperability standard for unlocking the $ 267 billion crossborder trade ecosystem Jan link right the middle of all that and while link is still down more than 75% from its all-time high of almost $53 the number of addresses holding link

Has continued to rise with both the total number of transfers and the amount of Link moved each day increasing giving myself and I think fellow holders the confidence to keep adding more link to our portfolios because big things are a foot while there’s nothing else in crypto

That kind of does everything chain link can do of course there is others doing parts of what chain link can do there’s cross chain interoperability protocols like Axel there’s a new kit on the Block in the Oracle space as well which has very very quickly become the second largest Oracle provider of real-time

Data which is called pith their oracles are secured on over a 100 protocols right now pith network is one of the first to successfully get all up in chain Link’s business model the pith token was actually air dropped out by the way to ethereum salana and injective

Us as well as several other networks so thousands of defi users received thousands of dollars worth of tokens wealth Mastery subscribers were on top of that did you get it anyway is unlikely that this is all going to affect chain link or its continued success competition is a healthy thing

It should exist in the market yay to everybody getting free tokens from PTO good stuff can always trade them for more chain link right well it’s too early to tell the overall effect that something like pith Network’s going to have on the space we’ve seen plenty of oracles come and go

Over time so I wish them luck obviously still an a project worth keeping an eye on if you’re really into oracles might be something there but anyway that’s that’s not a piss video it’s a chain link video anyway chain link is far more than just oracles and looking into the

Future of chain link I think it remains on a pretty strong and strict schedule of really outlining all of its goals at the beginning of every year expansion of the monetization model and the tokenization of cross chain assets of course were the main objectives of this year and they were accomplished earlier

Than expected because chain link delivers that’s what they do so the goal for the remain remainder of 2023 just continue testing the success of ccip on more networks which we’re seeing more and more all the time 2024 I expect to be a big year with many more big announcements I expect we’ll start

Seeing the cliff notes for uh next year’s Master plans we get closer to the end of this year so anyway keep an eye out for that thus far link has been a major hype coin in this cycle will continue to be I think but beyond hype

The market is starting to wake up to the tech hype can get you so far but when you have hype and fundamentals yeah now we need to talk about a few of the Epic partners that chain link is teaming up with told you we’re going to talk about them we’re

Going to talk about them now and two that have basically shocked everyone are dtcc and Euro clear which are not really household names but they’re big these are two of the biggest Clearing Houses in the world they’re at the center of all markets dtcc does like four to five

Quadrillion a year and Euro CLE does just one little quadrillion and yes I said quadrillion with a freaking q a number nearly impossible to comprehend and they’re working with Jane link man on the roll out of their CCI technology along with interbank messaging protocol Swift which mentioned earlier look these

Are the biggest and most important financial services companies in the frecking world then of course they’re all kinds of big banking Partners like we had a andz banking group they were testing Forex transactions using again ccip technology and that’s just the tiny little tip of the iceberg here either chain link is massively

Mispriced it’s going to go much higher or well maybe there isn’t an or maybe it’s just awesome let me know Down Below in the comments section I’ll see you next Time