Ethereum classic labs have announced that they will be pairing up with Chainlink (LINK). This Chainlink-Ethereum Classic partnership, according to Dutch analyst, Michael van de Poppe is indeed a very good move for the LINK token and has predicted its rise by more than 24.3% in the coming days.
The Chainlink-Ethereum Classic partnership has given birth to a massive surge in the LINK prices which is now trading at $4.95. In the last 7 days, the price has seen a surge of almost 41%. At the time of writing, LINK is up by more than 10% – 13% in the last 24 hours.
Michael van de Poppe claims that the partnership will take LINK to new heights with the altcoin rising by more than 24.3% in the coming days. As far as altcoins are considered in 2020, the performance of LINK has been exceptionally well. Looking at the data for the 1-year time frame, LINK has seen the rise by almost 1080%. Considering the one-month time frame, which hasn’t been great for a lot of altcoins, LINK rose by 75%.
Hence, a lot of analysts like Michael van de Poppe are highly bullish on the altcoin and will not be surprised if it keeps on rising in the green zone. LINK is one of the most profitable coins right now and is a wonderful option to ‘buy low’.
With the partnership, the data that will be provided by Chainlink will be genuine and authentic without any outside interference. However, ETC labs have said that they will not disclose the applications which will be used by LINK to build.
The founder of ETC labs, James Wo commented that the Ethereum Classic has now made it very easy and seamless for the developers who want to build and work on Ethereum Classic.
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