ChainLink Historical Price and Returns Analysis: Should I Buy ChainLink Now?

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Abstract

This article comprehensively reviews ChainLink’s historical prices and market fluctuations since its inception, combining data from bull and bear market phases to evaluate potential returns for investors purchasing 10 ChainLink tokens. It addresses the key question “Should I buy ChainLink now?” to help both newcomers and long-term investors understand timing and growth potential.

Bull Market Start and Early Market Cycles: Historical Price Review (2017 to 2019)

ChainLink was created around 2017, with early trading prices recorded by CoinMarketCap at approximately $0.1884.

Here’s the price evolution of ChainLink 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%

An investor who purchased 10 ChainLink tokens in the early bull market phase in 2017 would have a potential return of $136.78 if sold today.

Bear Market Adjustment and Mid-Term Market Cycle: Return and Risk Analysis (2020 to 2022)

During this period, ChainLink’s price experienced significant volatility, influenced by various market factors.

Here are the potential returns for investors who purchased 10 ChainLink tokens during the bear market or consolidation phase:

  • 2020: $116.3
  • 2021: -$23.441
  • 2022: -$136.74

Recent Market Cycle: Should I Buy ChainLink Now? (2023 to present)

In recent years, ChainLink has shown an upward trend, sparking discussions about whether a new bull market has begun or if we’re still in a bear market phase.

2023

  • Opening price: $5.96
  • Closing price: $14.94
  • Highest price: $16.37
  • Lowest price: $5.16
  • Annual return: 150.53%

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: $13.87
  • Highest price: $25.82
  • Lowest price: $11.3
  • Annual return: -30.09%

Potential returns for investors purchasing 10 ChainLink tokens during this period:

  • 2023: $79.03
  • 2024: $7.15
  • 2025-present: -$59.69

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

By analyzing ChainLink’s historical prices and potential returns, we can observe long-term growth trends and help investors assess whether the current phase is still suitable for positioning, addressing the key question “Should I buy ChainLink now?”

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