/biz/ - Business & Finance

$42.42
CHECKEM.

I posted this a few hours ago. Here it is again.

The trendline on this chart I made assumes a constant rate of growth in DeFi - straight line on a log scale chart. If the bullrun is actually related to DeFi, the growth rate *should* increase. This would have us somewhere above the trend line.

In other words, I think (and the evidence shows) that if DeFi keeps growing at its current pace, we should be at around $100 EOY... But if certain catalysts we are all expecting make DeFi accelerate its growth, we could be way above that. That's what I'm betting my linkies on.

I spent a few minutes in excel. If DeFi was Link's only driver (which we know it's not), we'd be looking at around $100 EOY. This isn't even taking into account the bullrun's extra impulse, the growing interest in defi, etc etc.

$1000 EOY is FUD.

(Source for the chart data: Coinmarketcap, DeFi Pulse)

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