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

22.07.2023
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Chainlink (LINK) Rose 20% to Make a Three-Month High, What's Next?

  • 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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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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