02-12-2022, 06:16 AM
Why is Chainlink so undervalued?
<!-- SC_OFF --><div class="md"><p>Chainlink is the "standard" of Oracles; facilitating the transfer of tamper-proof data to almost all DeFi. Without Chainlink, most of the current projects wouldn't allow to securely connect to off-chain data. It's already a used and needed solution and not your typical "project full of undelivered promises that sound cool". The team is very professional, one of the most active in development and a lot of resources are being hired. </p> <p>I just don't get how after several years, it doesn’t remain in the top 20 market cap. I understand that sometimes price is driven by hype and not fundamentals, but it still doesn't feel right that it doesn't get enough recognition.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/HenryEck"> /u/HenryEck </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sq6jy9/why_is_chainlink_so_undervalued/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sq6jy9/why_is_chainlink_so_undervalued/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Chainlink is the "standard" of Oracles; facilitating the transfer of tamper-proof data to almost all DeFi. Without Chainlink, most of the current projects wouldn't allow to securely connect to off-chain data. It's already a used and needed solution and not your typical "project full of undelivered promises that sound cool". The team is very professional, one of the most active in development and a lot of resources are being hired. </p> <p>I just don't get how after several years, it doesn’t remain in the top 20 market cap. I understand that sometimes price is driven by hype and not fundamentals, but it still doesn't feel right that it doesn't get enough recognition.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/HenryEck"> /u/HenryEck </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sq6jy9/why_is_chainlink_so_undervalued/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sq6jy9/why_is_chainlink_so_undervalued/">[comments]</a></span>Kind Regards R