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Chainlink Grew By 35% And Entered The Top 10 In Terms Of Capitalization

13 July 2020 16:09, UTC
Chainlink Grew By 35% And Entered The Top 10 In Terms Of Capitalization
By Anna Martynova

Chainlink (LINK), one of the largest cryptocurrencies in the world, managed to rise by more than 35% and enter the top 10, shifting CRO to the eleventh place. Over the past weeks, LINK has shown a bullish trend and continues to attract investors and new users.

In March this year, the cost of LINK increased from $2 to $7.99. The main question at the moment is how long the bull trend will last and whether users will start selling their coins after such a massive increase. LINK's trade volume also rose sharply. The virtual currency reached the fourth position in terms of trading volume at $1.55 bln over the past 24 hours. So far, this is the best result after Tether (USDT), Bitcoin (BTC) and Ethereum (ETH). In BTC terms, LINK is equal to 0.000886 BTC.

It is worth noting that the network works with a large number of firms and companies that allow Chainlink to apply its solutions in the market. Google has released a blog post stating that they are working with Chainlink and Ethereum with their Google Cloud solution. Experts are sure that in the near future it doesn't take much time to expect a bullish growth of the entire altcoin market. The growth experienced by LINK is undoubtedly one of the largest in recent months and shows a positive trend.

Image courtesy of CoinGape



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