AltcoinChainlink (LINK)Price Analysis

Chainlink (LINK) Price Blasts Through $14 to Set New All-Time High

The shining star of 2020 Chainlink (LINK) has once again proved that it is the best-performing cryptocurrency of the present year as the coin’s price has skyrocketed during the last twenty-four hours. A few minutes ago, the price value of the coin has blasted through the $14 mark to set a new record value at $14.31. After entering into the double-figure recently, it is the first time for the 2020’s top-performing digital asset that its price has reached this figure.

Currently, at the press time, the price value of LINK is trading in the bullish zone at $14.31 with a positive change rate of 19.49% in 24 hours. This amazing bullish outlook of the coin shows that LINK is rapidly heading upward.

LINK Price skyrockets to make new ATH

LINK’s bullish momentum is intact for the past two weeks but during the last 24 hours, it has climbed to the peak level. The price of Chainlink’s LINK was able to gain more than 26% during this time which helped the coin to enter into the $13 price zone. Continuing this bullish momentum today on August 9, 2020, LINK has registered another new all-time high value at $14.31. The coin has not reached this level ever before in its entire history which means it is a great achievement for the Chainlink’s LINK cryptocurrency.

📰 Also read:  Price Analysis October 15th, 2024 - BTC, BNB, SOL, ETH, and XRP

During the past month, the price of LINK has surged by over 121% while rising high from $6 to climb over $14. This price rally is not over yet as the coin’s price keeps moving up and it apparently seems, while looking at the coin’s ongoing performance, that there is nothing going to stop LINK from reaching $15 in the coming days.

Chainlink (LINK) now holds the sixth-rank on CoinMarketCap

Chainlink’s LINK digital currency had already made its way into the top ten major cryptocurrencies by market capitalization. But this bullish rally has now made LINK the sixth-largest digital currency by market cap.

Along with the rising price value of LINK, its market cap has also surged high. With a market cap of over $4.9 billion, LINK has overtaken Cardano’s ADA token to hold the sixth rank on CoinMarketCap and is now on its way to becoming the fifth-major cryptocurrency.

📰 Also read:  How to Create a Token on the Base Blockchain Without Coding - A Comprehensive Guide

Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  WPAY Explained - All You Need to Know About the Wirex Pay's Native Token

Mubashar Nawaz (United Arab Emirates)

Mubashar Nawaz is an experienced crypto writer working for Tokenhell. Having passion for writing, he covers news articles from blockchain to cryptocurrency.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content