Fri, November 22

Chainlink (LINK) Rose 20% to Make a Three-Month High, What’s Next?

Chainlink (LINK) Rose 20% to Make a Three-Month High, What's Next? Altcoin News
  • Chainlink (LINK) has shown an impressive surge of nearly 20% in the last 24 hours. 
  • LINK became the top gainer in the crypto market.

In the world of the crypto market, one cryptocurrency has caught the attention of investors with a remarkable surge. The cryptocurrency Chainlink (LINK) has shown an impressive surge of nearly 20% in the last 24 hours. 

Chainlink is the Web3 services platform that has its own native cryptocurrency, LINK. It powers Chainlink’s decentralized Oracle network. Recently, LINK’s trading price has experienced bullish momentum, resulting in Chainlink reaching the $8 mark for the first time in the last three months. 

The recent ecosystem development in Chainlink enhances the utility of LINK’s role. That started reflected in LINK’s trading price. On June 20, the trading price of LINK was around $6.83. After the sudden surge, the trading price jumped to the $8 mark. This massive surge sent a shockwave to the crypto community, and Chainlink became the top gainer in the crypto market.

At the time of writing, the trading price of Chainlink is around $8.31, with an increase of over 20.51% in the last 24 hours. The trading volume of the LINK has experienced a massive surge of around 527%, according to CoinMarketCap. Moreover, with its massive bullish intent, LINK is expected to reach the next milestone in the coming days.

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A passionate content writer with a background in journalism. Loves to explore and stay up-to-date with new technologies. Through his writing, he aims to share his knowledge and insights about the latest developments in the crypto world.