Is LINK the “Tesla” of crypto?

Tesla eating Bitcoin's lunch as realized volatility hits 3-year low...

View this email in your browser The market is full of legendary doubters. Those who doubt are the ones who always miss out. So, while some of us have been long on LINK for a long time, other traders are making the mistake of trying to short LINK when it has hit all-time highs. The results have been disastrous. Much like those traders who decided to short Tesla when it hit $800 a share or Amazon when it hit $2,500 share, just because a stock is hitting new highs does not mean one should short it! Especially during periods of price testing, where it is reaching new highs on the daily. Did you short LINK? What do you think the high will really be? Are we heading to the moon? Matic Network has proven its scalability application to be successful. As we approach the fifth anniversary of Ethereum, we have to ask: "When is Ethereum 2.0 coming?" How can a product like Matic, which is currently staking on validators for its testnest, provide scaling solutions for when the Ethereum network is clogged by USDT transactions? Only time will tell. Follow our Magazine Twitter account here for comprehensive in-depth pieces on everything crypto! Steven D'Agostino, Department Head of Social Media at Cointelegraph. 7/15/20: Tesla eating Bitcoin's lunch as realized volatility hits 3-year low According to data from on-chain analytics resource Skew, 30-day realized volatility recorded its smallest reading since 2017 this week. Read more 7/14/20: Testnet results suggest MATIC could power Ethereum to 7,200 TPS Blockchain scalability solution Matic claims the network can supercharge the Ethereum ecosystem after a two-month testnet run revealed it was able to process 7,200 transactions per second. Read more 7/14/20: Is Chainlink (LINK) a bubble? On-chain data and DeFi suggest otherwise On July 13, Chainlink (LINK) rallied more than 34% to reach a new all-time high at $8.48. Next, the price has corrected back to the $7 range, but at the time of writing, the altcoin is making a renewed attempt at taking out the recent all-time high. Read more 7/14/20: Chainlink (LINK) rallies as market cap surpasses Litecoin and Binance Coin Data from CoinMarketCap shows LINK's market cap surged to $2.86 billion as the price rallied 9% to $8.17. This brought its market cap above BNB and LTC, whose market capitalization sit at $2.84 billion and $2.83 billion, respectively. Read more 1.5 million people follow us on social media Download our official app:

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