Today Chainlink overtook Litecoin and Binance Coin as the 8th biggest cryptocurrency by market capitalization.
Listen to article Market Update Today Chainlink surpassed Binance Coin and Litecoin in market capitalization.
Data from CoinMarketCap shows LINK's market cap surged to $2.86 billion as the price rallied 9% to $8.17.
This brought the market cap above BNB and LTC whose market capitalization sits at $2.84 billion and $2.83 billion respectively.
Although LINK price did not break its previous all-time high of $8.22, it surged 14% in the last 24 hours and at the time of writing the altcoin trades for $8.17.
To date, LINK has been one of the best performing cryptocurrencies of 2020 and 2019, having rallied 2,536% since its launch in September 2017 at $0.14.
LINK's impressive rally is potentially connected to the growth of the Decentralized Finance industry as Chainlink oracles help support various networks and investors can also earn interest by staking their coins at a number of DeFi platforms.
Interest over time for the term "Chainlink".
Data from Google Trends also shows that queries for the keyword "Chainlink" rose to a score of 100 in the last week.
Tezos gained 4.3%, Ontology rallied 13.78% and Dogecoin added 5.32%. According to CoinMarketCap, the overall cryptocurrency market cap now stands at $273.5 billion and Bitcoin's dominance rate is 62.3%.Keep track of top crypto markets in real time here.
Chainlink Rallies as Market Cap Surpasses Litecoin and Binance Coin
pubblicato su Jul 14, 2020
by Cointele | pubblicato su Coinage
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