ChainLink (LINK) Historical Price & Returns Analysis: Should I Buy LINK Now?

Abstract

This article provides a comprehensive review of ChainLink’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. We analyze key investment periods and address the critical question: “Should I buy LINK now?” to help both new and long-term investors identify optimal entry points and growth opportunities.

Early Market Entry & Initial Cycles: Historical Price Review (2017 to 2020)

LINK, an ERC-20 standard token based on the Ethereum blockchain, was designed to compensate Chainlink node operators for retrieving off-chain data, formatting it into blockchain-readable formats, performing off-chain computation, and ensuring uptime guarantee. According to historical records, its early trading price was approximately $0.1884 in 2017.

The following highlights ChainLink’s price performance during the early 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%

2020

  • Opening Price: $2.24
  • Closing Price: $13.64
  • Highest Price: $18.76
  • Lowest Price: $1.99
  • Annual Return: 510.18%

An investor who purchased 10 LINK tokens in the early bull market phase of 2017 would have achieved potential returns of 134.54% if sold today.

Bear Market Correction & Medium-Term Cycles: Volatility & Risk Assessment (2021 to 2022)

During this period, LINK experienced significant price fluctuation, reflecting broader cryptocurrency market dynamics and investor sentiment shifts.

Potential returns for investors who purchased 10 LINK tokens during bear market or consolidation phases:

  • 2021: -25.681%
  • 2022: -138.98%

Recent Market Cycles: Should I Buy LINK Now? (2023 to 2026)

In recent years, LINK has demonstrated renewed price momentum, with the market examining whether a new bull cycle has begun or if consolidation remains ongoing.

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

2026 (To Date)

  • Opening Price: $13.64
  • Closing Price: $13.64
  • Highest Price: $13.64
  • Lowest Price: $13.64
  • Annual Return: 0.0%

Potential returns for investors purchasing 10 LINK tokens during this recent period:

  • 2023: 76.79%
  • 2024: 4.91%
  • 2025-To Date: 0%

Summary: Bull Markets, Bear Markets & Investment Timing Analysis

Through comprehensive analysis of ChainLink’s historical prices and potential returns, we observe significant cyclical volatility characterized by strong bull phases (2017, 2019-2020, 2023) alternating with notable drawdown periods (2018, 2022, 2025). The data demonstrates that LINK has delivered substantial long-term gains for early adopters, though recent market performance shows consolidation. Understanding these cyclical patterns is essential for investors evaluating current entry points and assessing whether now represents an optimal opportunity to establish or add to LINK positions.

LINK0,65%
ETH0,84%
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