加密货币市场在2024年处于滚动状态，但近几个月来，许多领先的名字都退缩了。

Chainlink（加密：Link）Oracle硬币在12月17日的52周中翻了一番，这是这次激增的峰值。

The crypto market was on a roll in 2024, but many of the leading names have backed down in recent months.

加密货币市场在2024年处于滚动状态，但近几个月来，许多领先的名字都退缩了。

The Chainlink (CRYPTO: LINK) oracle coin had doubled in 52 weeks on Dec. 17. That turned out to be the peak of this surge. The coin price dropped a staggering 43% from there to this writing on April 2. By contrast, the massive Bitcoin (CRYPTO: BTC) rose 151% and then backed down by just 19% in the same time spans.

Chainlink（加密：Link）Oracle硬币在12月17日的52周内翻了一番，这是这次激增的峰值。硬币的价格从4月2日下降到了43％的著作。相比之下，大型比特币（Crypto：BTC）上涨了151％，然后在同一时间跨越了19％。

Chainlink's chart has lost its swagger. Today, the coin is trading 24% below its year-ago value.

Chainlink的图表失去了招牌。如今，硬币的交易价格低于其去年同期的价值24％。

Did Chainlink investors get too excited last fall, or is the coin an excellent buy at these lower prices? Let's take a look.

去年秋天，Chainlink投资者是否过于兴奋，还是以较低的价格购买硬币是出色的购买？让我们看看。

Why I'm putting my own money into Chainlink right now

为什么我现在将自己的钱投入链链链接

Spoiler alert: I bought a few Chainlink coins three weeks ago. I'm down 5% on that investment so far, including the 1.8% headwind from Coinbase's (NASDAQ: COIN)transaction fees. You can get an even nicer starting price today.

剧透警报：三周前，我买了一些链条硬币。到目前为止，我对这项投资下跌了5％，包括Coinbase（NASDAQ：COIN）交易费用的1.8％的逆风。今天，您可以获得更好的起价。

In other words, I'm so convinced of Chainlink's long-term value that I'm putting real money in it during this price dip. Read on to see why I think you should consider a small Chainlink position, too.

换句话说，我非常相信Chainlink的长期价值，以至于我在这个价格下跌期间将真钱投入其中。继续阅读以了解为什么我认为您也应该考虑一个小的链链接位置。

Chainlink's unique role in the crypto world

Chainlink在加密世界中的独特角色

Different cryptocurrencies serve different purposes. Chainlink is the leading provider of a certain service, and it's not a close race.

不同的加密货币有不同的目的。 ChainLink是一项服务的领先提供商，这不是一场近距离比赛。

As an oracle coin, Chainlink provides real-world data to smart contracts. Its decentralized data feeds cover thrilling topics such as gold and silver prices, currency exchange rates, and inflation rates. Its data streams update more often, focusing on dollar-based cryptocurrency pricing data so far. There's a third data service called SmartData, which looks at more esoteric information about popular cryptocurrencies, such as the current cash reserves behind most stablecoins.

作为Oracle硬币，ChainLink为智能合约提供了现实世界中的数据。它的分散数据提要涵盖了激动人心的主题，例如黄金和银价，货币汇率和通货膨胀率。它的数据流更经常更新，重点是迄今为止基于美元的加密货币定价数据。有一个名为SmartData的第三个数据服务，它查看有关流行的加密货币的更多深奥信息，例如大多数稳定的现金储备。

App developers can use this data to design smart contracts, running on well-known platforms like Ethereum (CRYPTO: ETH) or Solana (CRYPTO: SOL). The idea is to monitor Chainlink's data feeds and streams until one or more values reach a defined target value. That event then triggers the execution of that contract, which can mean many things.

应用程序开发人员可以使用这些数据来设计智能合约，该合同在以太坊（Crypto：ETH）或Solana（Crypto：Sol）等知名平台上运行。这个想法是监视链链接的数据馈送和流，直到一个或多个值达到定义的目标值。然后，该事件触发了该合同的执行，这可能意味着很多事情。

For example, the contract might send 0.1 Bitcoin to a certain address when inflation is below 3% and the Euro is worth more than $1.20. That's just a silly illustration off the top of my head, but you can set up some mighty sophisticated contract terms with Chainlink's real-time data.

例如，当通货膨胀率低于3％并且欧元的价值超过1.20美元时，合同可能会将0.1比特币发送到某个地址。这只是我头顶上的一个愚蠢的插图，但是您可以使用Chainlink的实时数据设置一些强大的复杂合同条款。

Chainlink's surprisingly modest competition

Chainlink令人惊讶的谦虚竞争

So Chainlink serves up fresh data to a whole world of decentralized finance (DeFi) tools. Every data request comes with a very small fee. In the long run, this pool of tiny payouts should add up to real money. You'd think the crypto market would be packed with alternative Oracles, all hoping to snag a piece of Chainlink's money-making opportunity.

因此，ChainLink为整个分散金融（DEFI）工具的全世界提供了新的数据。每个数据请求的费用很小。从长远来看，这种小额支出应该加起来是真实的钱。您可能会认为加密货币市场将充满替代的甲骨文，所有这些都希望能抓住Chainlink的赚钱机会。

But there really isn't a groundswell of potential Chainlink usurpers. Chainlink's total market value stands at $9.2 billion today. According to CoinMarketCap, the second largest Oracle coin is Bittensor (CRYPTO: TAO) at $2.0 billion, followed by Pyth Network (CRYPTO: PYTH) at $528 million.

但是，实际上并没有潜在的链链接篡夺者的基础。 Chainlink的总市场价值今天为92亿美元。根据CoinMarketCap的说法，第二大甲骨文硬币是Bittensor（Crypto：Tao），价格为20亿美元，其次是Pyth Network（Crypto：Pyth），价格为5.28亿美元。

Those are the only three Oracles large enough to let me write about them. The rest are worth less than $200 million each and their transaction volumes are a tiny fraction of Chainlink's.

这些是只有足够大的三个甲骨文，让我写下它们。其余的价值少于2亿美元，其交易量仅占Chainlink的一小部分。

And these two potential rivals are not quite the same thing as Chainlink. The Pyth Network only offers cryptocurrency pricing and Bittensor is trying to build artificial intelligence (AI) systems and machine learning models on the blockchain. Its data feeds are designed to support these AI tools, and are not easily available to Ethereum or Solana apps.

而且这两个潜在的竞争对手与链链接不同。 Pyth网络仅提供加密货币定价，而Bittensor试图在区块链上构建人工智能（AI）系统和机器学习模型。它的数据提要旨在支持这些AI工具，并且不容易为以太坊或Solana应用程序使用。

Bottom line: This is a great time to nibble on Chainlink coins

底线：这是咬链链接硬币的好时机

Chainlink is a unique provider of valuable services in the crypto world. DeFi apps and large-scale automated crypto traders may not represent a huge target market today, but that should change over the next few years. As such, Chainlink's data services could become very valuable over time. It's still early, and not at all too late for new rivals to enter the picture.

ChainLink是加密货币世界中有价值服务的独特提供商。 Defi应用程序和大规模自动加密交易员可能并不代表当今巨大的目标市场，但这应该在未来几年内发生变化。因此，随着时间的流逝，ChainLink的数据服务可能会变得非常有价值。现在还很早，对于新竞争对手来说还为时已晚。

However, Chainlink has a huge first-mover advantage here and I can't wait to see how my little investment shapes up over the years. This little subsector leader looks like a great buy in this price dip.

但是，ChainLink在这里具有巨大的第一步优势，我迫不及待地想看看我多年来我的小投资如何增长。这个小的子部门领导者在这个价格下跌中看起来像是一个很好的买入。