Chainlink Government Agreement (SNEAKY $200 Target)

SPEAKER_1 (0:00)

So, obviously, we saw Chainlink got the deal to publish PCE index and real GDP data for the United States government. Chainlink, a crypto project that a lot of people have been holding for years, it's one of the most systemically important pieces in the infrastructure of what we know as crypto, but the price action has been terrible. A lot of people have sold their bags. I had to get out of the way of the pain of this bear market, but I recently re-entered to this project, and we're on the forefront of solidifying a deal with the US. Government and Chainlink for ACE.

ACE is the Automated Compliance Engine for the United States Government. Now, the real question is, can this help Chainlink's token price accomplish a $50 per token level, $100 a token, or maybe even $200 a token once we see this go live? Now, Chainlink's recent economic 2 engine, I've already covered that. It rolled out at the literal worst time, right before we headed into this current bear market. But seeing things be solidified, this is actually becoming real, where you not only are going to be seeing our US labor statistics information published on Chainlink, but an automated compliance engine. And the whole mess behind KYC and this open book for the entire world to see who's holding what, it has to be done to a degree, but the bottleneck that Chainlink is working on fixing is the real linchpin on how we need to move forward and change assets from one place to the next on the blockchain ledger system. This is what a lot of people are missing. So when I look at a potential $100 Chainlink, it's not out of the question. Would that be an incredible move for this bear to bull cycle? Absolutely, it would. Chainlink would have to grow by a massive amount, and the revenue, instead of being a million dollars a week through CCIP, would have to balloon. And a lot of that revenue would have to go back into the Chainlink Treasury. But the Chainlink Treasury has been adding consistently, even through this bear market. I haven't seen anyone else come out and replace Chainlink for what it does as the data machine and the oracle for this world of crypto and digital assets. So yeah, it's incredible to see what Quant just had accomplished. Bank integrations. A lot of the things that we've been hoping and dreaming of happening here in crypto, they're happening while the vast majority of the people who did believe in crypto have given up. We've gone through one of the worst downtrends all coins have ever experienced against Bitcoin.

And now we're starting to see the light at the end of the tunnel. And it's kind of crazy to me to think about how many people have given up from point A to point B. So can Chainlink hit $100, $200 this cycle? Absolutely. I would recommend watching out for the $30 level and the $50 level as extreme levels of resistance.

But as we saw with Quant, it doesn't matter. Resistance levels and everything that we're used to have happening in crypto, doesn't matter when this stuff is integrated for the long term. So I'm watching out for this ACE program in the US. Government and Chainlink.

Kind of scared of what prices will bring the token value to, but our family bags are going to be very, very happy if this integration hits the ground running just like the labor and statistics did, and that treasury continues to grow. So I'm excited. I'm out here enjoying this wonderful landscape. I'm out here with my beautiful wife, and I've taken a lot of time to reflect, and I just feel like what we've seen on the charts over the last few weeks is literally just the beginning. 2021 was a test run for crypto altcoin bull run. We're about to enter the real, real big part of this, and I hope you're in position accordingly. Join our Discover Crypto school if you want to find the right projects to get into while we're still at these low levels. And for those ready to get in a position or already holding these highly valuable assets, I'm going to see you at the top.