Chainlink (LINK) Price Enjoy Bullish Momentum: Driven by Real-World Assets?
BeInCrypto
19 Sep 2023 4:45 PM
Chainlink price uptrend seems to have correlated with Real World Assets (RWA)'s recent rise to prominence. Will it propel LINK price to $10?...
- Chainlink (LINK) price has gained 17% over the past week, approaching $7.
- The rise in Chainlink's price seems to be correlated with the growth of the Real World Assets (RWA) sector.
- The RWA sector recently reached a valuation of $3.1 billion.
- The growing demand for Chainlink feeds and Oracle infrastructure could potentially lead to a sustained price rally.
The article discusses the positive correlation between the growth of the Real World Assets sector and the increase in Chainlink's price. It suggests that the demand for Chainlink feeds and Oracle infrastructure could drive a sustained price rally. Overall, the sentiment is optimistic.
You May Ask
Will the growing demand for Chainlink feeds and Oracle infrastructure propel LINK price into a sustained price rally?Will Chainlink (LINK) price reclaim $10 amid the Real World Assets rave?Are new investors entering the Chainlink ecosystem due to the growth of the Real World Assets sector?Are whale investors capitalizing on the RWA rave to accumulate more Chainlink tokens?Can Chainlink's price reclaim the $10 territory if the RWA sector continues to grow and whale investors remain bullish?