Cryptocurrency

Polkadot

Chainlink

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 <p class="paragraph">The increased attention to artificial intelligence (AI) spurred by the launch of ChatGPT has prompted other platforms to advance their efficacy. Google Bard, for instance, has proven its remarkable capabilities by adeptly analyzing trends in the cryptocurrency industry, including assets like Chainlink (LINK).</p>
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 <p class="paragraph">Considering the constant testing and attempts to break above the $15 threshold, LINK investors are wondering when this could occur, and crypto analyst Ali Martinez claims that for LINK to reach the $20 threshold, the obstacle lies at $15, marked by approximately 19,000 addresses holding around 73.6 million LINK, in his post on X on December 19.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="375" src="https://cdn.thebittimes.com/images/2023/12/19/60b3342db956837bf6644224abf17de9.webp" alt="Number of investors holding the LINK. Source: Ali Martinez
" class="wp-image-143896" srcset="https://cdn.thebittimes.com/images/2023/12/19/60b3342db956837bf6644224abf17de9.webp 1024w, https://cdn.thebittimes.com/images/2023/12/19/60b3342db956837bf6644224abf17de9.webp 300w, https://cdn.thebittimes.com/images/2023/12/19/60b3342db956837bf6644224abf17de9.webp 768w, https://cdn.thebittimes.com/images/2023/12/19/60b3342db956837bf6644224abf17de9.webp 1536w, https://cdn.thebittimes.com/images/2023/12/19/60b3342db956837bf6644224abf17de9.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Number of investors holding the LINK. Source: Ali Martinez
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 </figure>
 <p class="paragraph">Successfully overcoming this resistance is crucial. Once surpassed, LINK may find itself in a favorable position to sustain its upward momentum.</p>
 <p class="paragraph">Considering the investors’ impatience, Finbold has consulted Google Bard to determine whether the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of this digital asset will continue down this trajectory in 2024.</p>
 <h2 class="wp-block-heading" id="h-bard-s-estimations-for-chainlink">Bard’s estimations for Chainlink</h2>
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 <p class="paragraph">According to insights from the AI chatbot, the potential minimum <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> for LINK is $10; on the flip side, the maximum <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> is estimated to reach $25, with an average <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> spanning from $14 to $18 in 2024.</p>
 <figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="869" height="203" src="https://cdn.thebittimes.com/images/2023/12/19/8861884f740e37d93982e48f183b370b.webp" alt="Google Bard Chainlink 2024 price estimate.  Source: Google Bard and Finbold
" class="wp-image-143898" srcset="https://cdn.thebittimes.com/images/2023/12/19/8861884f740e37d93982e48f183b370b.webp 869w, https://cdn.thebittimes.com/images/2023/12/19/8861884f740e37d93982e48f183b370b.webp 300w, https://cdn.thebittimes.com/images/2023/12/19/8861884f740e37d93982e48f183b370b.webp 768w" sizes="(max-width: 869px) 100vw, 869px">
  <figcaption class="wp-element-caption">
   Google Bard Chainlink 2024 price estimate. Source: Google Bard and Finbold
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 <p class="paragraph">However, Bard advises that the specified <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> range is just a plausible scenario, and the initial cryptocurrency’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> at the <a rel="noopener noreferrer nofollow" title="start" href="https://thebittimes.com/tag/start.html">start</a> of 2024 could vary, either ascending or descending. Consequently, it is crucial to undertake thorough research and exercise prudence before making any investment decisions.</p>
 <h2 class="wp-block-heading" id="factors-influencing-link-price">Factors influencing LINK price</h2>
 <p class="paragraph">Bard underscores numerous factors that might impact the prospective future value of this digital asset, emphasizing that the overall market sentiment will determine whether the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> experiences an ascent in bullish conditions or a decline in bearish market conditions.</p>
 <p class="paragraph">Chainlink’s oracle services are experiencing expanded adoption in decentralized finance (DeFi), NFTs, and various blockchain applications, highlighting their growing importance in securely transferring data between smart contracts and external sources. This broader integration could further solidify Chainlink’s role in advancing DeFi and blockchain technologies.</p>
 <p class="paragraph">Implementing Chainlink 2.0 and other network upgrades has improved efficiency and security, demonstrating the platform’s commitment to advancing in the blockchain space. These enhancements could contribute to a more robust and reliable environment for decentralized Oracle services.</p>
 <p class="paragraph">Finally, Chainlink’s significant partnerships with established companies and blockchains catalyze user base expansion and innovation. These collaborations may reinforce the platform’s market position and contribute to advancing decentralized Oracle solutions, showcasing a commitment to a dynamic and interconnected blockchain ecosystem.</p>
 <h2 class="wp-block-heading" id="chainlink-price-analysis">Chainlink price analysis</h2>
 <p class="paragraph">As of the latest data on December 19, the price of Chainlink was $14.52, indicating a daily increase of 1.74%.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/12/19/469ed91766bc34138c0dd174fd743102.webp" alt="LINK 24-hour price chart. Source: Finbold
" class="wp-image-143899" srcset="https://cdn.thebittimes.com/images/2023/12/19/469ed91766bc34138c0dd174fd743102.webp 1024w, https://cdn.thebittimes.com/images/2023/12/19/469ed91766bc34138c0dd174fd743102.webp 300w, https://cdn.thebittimes.com/images/2023/12/19/469ed91766bc34138c0dd174fd743102.webp 768w, https://cdn.thebittimes.com/images/2023/12/19/469ed91766bc34138c0dd174fd743102.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   LINK 24-hour price chart. Source: Finbold
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 </figure>
 <p class="paragraph">This contradicts the previous week’s loss of -3.48% while aligning with a monthly surge of 1.91% on its chart.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/google-bard-sets-chainlink-price-for-start-of-2024-tbt74153.html">https://thebittimes.com/google-bard-sets-chainlink-price-for-start-of-2024-tbt74153.html</a></p>

Google Bard sets Chainlink price for start of 2024

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