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Should You Buy Chainlink While It's Under $53?

TheMotleyFool

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Should You Buy Chainlink While It's Under $53?: https://g.foolcdn.com/editorial/images/834537/blockchain.jpg

Chainlink (CRYPTO: LINK), a blockchain focused on aggregating real-world data, was created in 2017. It launched its native Link token in an initial coin offering (ICO) that September, and it started trading at $0.11. It soared to an all-time high of $52.99 on May 10, 2021.

But today, Chainlink trades at about $21. Should investors buy the token as it trades well below its record highs? Let's review its core features and upcoming catalysts to find out.

Image source: Getty Images.

Source Fool.com

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