ChainLink

During the course of the incredible crypto bull run that has been experienced this year so far, many coins have managed to make a mark for themselves, but one of those that has remained under the radar is the token Chainlink (LINK). Over the past 30 days, it has been among the best performing tokens among altcoins and has managed to outperform peers like Ethereum Classic (ETC) handsomely.

Notable Gains

At the time of writing, the coin is trading higher by as much as 2% and hit $3.46 on most exchanges. However, it is interesting to note that the coin also enjoyed significant volumes last week, and hit a trading volume of more than $190 million on July 5. Chainlink has a market capitalization of $1.17 billion.

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Experts believe that the competition between Chainlink and DASH is going to be a brutal one in the months to come, as both coins try to corner the same market. At the end of the day, they have the same sort of functions, and that will be one of the most intriguing battles to watch in the altcoin sphere this year. If a trader bought LINK tokens around a month ago, then they would have made significant profits provided they cashed in at the end of the period.

>> Ethereum Futures Already Gaining Significant Support in the Industry

LINK is going to be one of the most intriguing coins to track in the coming days and weeks. In June alone, LINK surged by as much as 270% and left many other altcoins in the dust as it surged along ruthlessly.

Now, the important thing to watch would be an upsurge in the coming days triggered by a case of ‘fear of missing out’ among traders and investors in the crypto world. On the other hand, there are other experts who believe that a pullback could be on the way for Chainlink after a price of $4.70 was hit in the past few days.

Keep your eyes peeled!

Featured image: DepositPhotos © poznyakov

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About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin22,817 0.05 % 2.53 % 4.72 %
Ethereum1,821.9 0.02 % 1.42 % 3.16 %
Tether1.001 0.07 % 0.13 % 0.09 %
USD Coin1.000 0.44 % 0.25 % 0.18 %
BNB292.25 0.05 % 4.66 % 9.70 %
Binance USD1.001 0.05 % 0.00 % 0.07 %
XRP0.3637 0.31 % 2.91 % 4.55 %
Cardano0.4958 0.08 % 7.66 % 6.74 %
Solana42.12 0.56 % 2.22 % 3.81 %
Dogecoin0.07461 0.60 % 7.05 % 5.10 %

bitcoin
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tether
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usd-coin
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binance-usd
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xrp
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cardano
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solana
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dogecoin
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