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 to evaluate the potential returns for investors purchasing 10 LINK tokens. It also addresses the key question, “Should I buy LINK now?” to help both beginners and long-term investors grasp timing and growth opportunities.

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

LINK is an ERC20 standardized token on the Ethereum blockchain used to pay Chainlink node operators. According to records, its early trading price was approximately $0.1884.

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

2017 Year

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

2018 Year

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

2019 Year

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

2020 Year

  • 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 in the early bull market phase in 2017 would see a potential return of 126.6 times if sold today.

Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2021 to 2022)

During this period, LINK’s price experienced fluctuations characterized by an initial rise followed by a sharp decline, influenced by market cycle adjustments.

The potential returns for investors who bought 10 LINK during bear or consolidation phases are:

  • 2021: -33.621 times
  • 2022: -146.92 times

Recent Market Cycle: Should I buy LINK now? (2023 to present)

In recent years, LINK has shown signs of volatility recovery, and the market is beginning to discuss whether a new upward cycle has started.

2023 Year

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

2024 Year

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

2025 Year

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

2026 Year to date

  • Opening Price: $13.21
  • Closing Price: $12.85
  • Highest Price: $13.31
  • Lowest Price: $12.85
  • Annual Return: -2.75%

The potential returns for an investor who bought 10 LINK during this period are:

  • 2023: 68.86 times
  • 2024: -3.03 times
  • 2025: -69.87 times
  • 2026 to date: -3.63 times

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing LINK’s historical prices and potential returns, we see that the asset has experienced clear cyclical fluctuations—from strong growth between 2017-2020, deep adjustments in 2021-2022, partial recovery in 2023-2024, to downward pressure in 2025-2026. Currently, LINK is in a relatively subdued state, and investors should carefully evaluate market cycles and risk tolerance when considering whether to allocate.

LINK-2,07%
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