LINK Reaching $6-9 Is an Opportunity of a Lifetime: Analyst

• Analyst Michaël van de Poppe stated that LINK reaching $6-9 is a rare opportunity.
• Chainlink announced that the Chainlink CCIP had officially launched on Avalanche, Ethereum, Optimism, and Polygon mainnets.
• CCIP is an interoperability protocol that allows enterprises to transfer data between public or private blockchain environments.

Sharing a recent post by Chainlink, popular analyst Michaël van de Poppe stated that LINK reaching $6-9 is “an opportunity of a lifetime.” The Twitter post he shared was about the launch of Chainlink’s Cross-Chain Interoperability Protocol (CCIP).   

Yesterday evening, the Chainlink team took to Twitter to announce that the Chainlink Cross-Chain Interoperability Protocol had officially launched on Avalanche, Ethereum, Optimism, and Polygon mainnets.

For context, CCIP is an interoperability protocol that allows enterprises to transfer data and value between public or private blockchain environments directly from their backend systems. Chainlink describes the system as a secure interoperability protocol that enables cross-chain real-world assets and scaling across ecosystems.

Detailing the features of the protocol, Sergey Nazarov, the founder and CEO of Chainlink, was quoted saying, “Just like key standards such as TCP/IP remade a fragmented early internet into the single global internet we all know and use today, we are making CCIP to connect the fragmented public blockchain landscape and the growing bank chain ecosystem into a single Internet of Contracts.”

Nazarov added that having a single way to use all smart contracts and transmit all value between them would be a critical building block for a blockchain-powered society. His followers on Twitter were excited about the development, wishing him the best in the new endeavor. In celebration of this milestone, many of his ardent supporters also photoshopped him onto several rib-tickling memes.

Meanwhile, LINK is priced at $7.09, registering a 15.27% climb over the previous week. With a market cap of $3,817,960,261 and a 24-hour trading volume of $544,342,217, the token is in the 21st position, according to CoinMarketCap.

When looking at its one-day chart, LINK is currently trading above both its 9-day EMA and its 20-day EMA. LINK’s RSI value is at 63.45 and gliding safely above its RSI SMA line. And though it is far from its previous high of $8.5 achieved earlier this year, LINK’s current trends appear promising. With popular analysts such as Poppe backing the coin up, it would be wise for investors to pay close attention to LINK.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.