ChainLink (LINK) Historical Price and Return Analysis: Should I buy LINK now?

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Summary

This article provides a comprehensive review of LINK’s historical prices and market fluctuations since its inception. Combining data from bull and bear market phases, it evaluates the potential returns for investors who purchase 10 LINK tokens and answers the key question, “Should I buy LINK now?” to help both beginners and long-term investors identify optimal entry points and growth opportunities.

Beginning of Bull Market and Early Market Cycles: Historical Price Review (2017 to 2020)

LINK is an ERC20 standard token built on the Ethereum blockchain. According to CoinMarketCap, its early trading price was approximately $0.1884.

Below are LINK’s price changes during the initial bull market phase:

2017

  • Opening Price: $0.1884
  • Closing Price: $0.5763
  • Highest Price: $0.5763
  • Lowest Price: $0.175
  • Annual Return: 205.89%

2018

  • Opening Price: $1.38
  • Closing Price: $0.3883
  • Highest Price: $1.38
  • Lowest Price: $0.1781
  • Annual Return: -71.79%

2019

  • Opening Price: $0.445
  • Closing Price: $1.83
  • Highest Price: $3.4
  • Lowest Price: $0.3858
  • Annual Return: 310.54%

2020

  • Opening Price: $2.24
  • Closing Price: $13.64
  • Highest Price: $18.76
  • Lowest Price: $1.99
  • Annual Return: 510.18%

An investor who bought 10 LINK tokens during the early bull market in 2017 would see a potential profit of $90.46 if sold today.

Bear Market Adjustments and Mid-Cycle Market: Profit and Risk Analysis (2021 to 2023)

During this period, LINK’s price experienced fluctuations—initial rise followed by decline—affected by overall market adjustments and regulatory environment.

Below are the potential returns for investors who bought 10 LINK tokens at different stages:

2021

  • Opening Price: $16.21
  • Closing Price: $21.86
  • Highest Price: $52.27
  • Lowest Price: $15.48
  • Annual Return: 34.85%
  • Potential Profit: -$69.76

2022

  • Opening Price: $27.54
  • Closing Price: $5.63
  • Highest Price: $27.54
  • Lowest Price: $5.63
  • Annual Return: -79.56%
  • Potential Profit: -$183.06

2023

  • Opening Price: $5.96
  • Closing Price: $14.94
  • Highest Price: $16.37
  • Lowest Price: $5.16
  • Annual Return: 150.53%
  • Potential Profit: $32.71

Recent Market Cycle: Should I Buy LINK Now? (2024 to 2026 so far)

In recent years, LINK has shown volatility with market divergence on its future trajectory.

2024

  • Opening Price: $13.15
  • Closing Price: $23.58
  • Highest Price: $29.25
  • Lowest Price: $10.0
  • Annual Return: 79.28%

2025

  • Opening Price: $19.84
  • Closing Price: $13.43
  • Highest Price: $25.82
  • Lowest Price: $11.3
  • Annual Return: -32.29%

2026 (so far)

  • Opening Price: $13.21
  • Closing Price: $9.23
  • Highest Price: $13.31
  • Lowest Price: $8.69
  • Annual Return: -30.1%

Potential returns for buying 10 LINK tokens during this period are:

  • 2024: -$39.17
  • 2025: -$106.01
  • 2026 so far: -$39.77

Conclusion: Bull, Bear, and Investment Timing Analysis

Analyzing LINK’s historical prices and potential returns reveals clear cyclical patterns—from strong growth during 2017-2020, significant correction in 2021-2022, partial recovery in 2023, to ongoing decline in 2024-2026. Currently, LINK’s price is relatively low, and investors should consider their risk tolerance and long-term investment strategies carefully before deciding whether to allocate funds now.

LINK-4.96%
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