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What is the LINK coin issue price? Introduction to the LINK coin issue price and issue quantity
The LINK coin was initially issued at $0.10 per token during its ICO in September 2017, with 35% of the 1 billion coins issued sold to investors.
Oct 13, 2024 at 01:41 am
1. What is LINK?
LINK is the native token of the Chainlink network, a decentralized oracle network that provides smart contracts with access to real-world data. The LINK token is used to pay for oracle services, which allow smart contracts to connect to external data sources and execute complex operations.
2. LINK Coin Issue Price
The LINK coin was issued at a price of $0.10 per token during its initial coin offering (ICO) in September 2017.
3. LINK Coin Issue Quantity
A total of 1 billion LINK coins were issued during the ICO, with 35% of the supply being sold to investors. The remaining 65% was allocated to the project team, advisors, and the Chainlink treasury.
4. LINK Coin Price History
The price of LINK has fluctuated significantly since its launch. It initially reached a high of $1.80 in January 2018, but then fell to a low of $0.17 in December 2018. The price has since recovered and reached a new all-time high of $52.88 in May 2021.
5. Factors Affecting LINK Coin Price
The price of LINK is influenced by a number of factors, including:
- The demand for oracle services
- The overall cryptocurrency market sentiment
- The development and adoption of the Chainlink network
- The regulatory environment for cryptocurrencies
6. Conclusion
The LINK coin issue price was $0.10 per token during its ICO in September 2017. A total of 1 billion LINK coins were issued, with 35% being sold to investors. The price of LINK has fluctuated significantly since its launch, but it has reached a new all-time high in May 2021. The future price of LINK will be determined by a number of factors, including the demand for oracle services, the overall cryptocurrency market sentiment, and the development and adoption of the Chainlink network.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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