As a crypto enthusiast, many of us are looking for the next big crypto project that we can buy into or invest in before the next bullrun. While I was doing my research, I came across a crypto project which has a higher percentage of being one of the big guns in the market and this project is #chainlink
When it comes to the crypto project with the biggest upside for the next bull run, I've got one word for you: Chainlink.
Chainlink is not just any old project, it's the one of the best of decentralized oracle networks. What does that mean? Well, in simple terms, it connects smart contracts with real-world data. Why is this important you ask? Because smart contracts need accurate and reliable data to function properly. And Chainlink provides just that. It's like the bridge between the crypto world and the real world. Think of it as the guy who brings the beer to the party. Without it, the party just ain't gonna be as lit.
There are other project I came across like Octachain but it doesn’t have potential like the chainlink.
Chainlink current market price is at $19 with its market cap at $11,212,047,783 with a TOTAL TRANSACTION VALUE ENABLED of $9,717,670,460,123
The reason why I believe Chainlink will have a great potential in the next bull run is because during a bull run, people are going to be throwing money at all kinds of projects, hoping to make it rain. And guess what? They're gonna need reliable and secure data to make informed investment decisions. Many crypto expert on the inleo blockchain have written about this and have read enough to know that many people will make bad decisions because they lack the right data. Many people will throw their money into project and at the end, it would go south, people use them to cash out on project but chainlink isn’t such a project.
The whitepaper expands the role of Decentralized Oracle Networks (DONs) in the blockchain ecosystem, laying out the key advancements for the Chainlink Network to power a suite of decentralized services for smart contracts on any blockchain. You can read more about it Here
And here's the kicker: Chainlink has already established partnerships with big names like Google, Oracle, and Swift. They're serious about bringing real-world data to the blockchain. So, if you're looking for a project that's got the potential to skyrocket in the next bull run, look no further than Chainlink.
Disclaimer: This is not a financial advice, do your own research like I did mine and if the project sits well with you and you believe in it then welcome to the club of chainlink.