- Things are looking up for Chainlink recently as the token has registered a near-constant spike over the past few weeks.
- Many people didn’t predict this to have such a massive Skyrocket but the trading volume has even surpassed that of the leading Cryptocurrency on many major platforms within the industry.
Things are looking up for Chainlink recently as the token now runs as the sixth and biggest Cryptocurrency by market capitalisation and has registered a near constant spike over the past few weeks. Many people probably didn’t predict this currency to have such a massive Skyrocket but the trading volume has even surpassed that of the leading Cryptocurrency on many major platforms within the industry.
In an unexpected turn of events, the cryptocurrency has surprised everyone within the industry. At the end of last week on the 9th of August, the cryptocurrency had a massive spike to a new all-time high and it is now 63% over the past seven days alone. Whatever is happening at Chainlink, keep doing it because something seems to be going well.
The trading volume for the token seems to be going through the roof as well which just adds fuel to the fire for this rally.
As a little bit of reasoning for the unexpected growth of the token, decentralised finance seems to be behind it. This trend is getting more people involved every day with the question benefiting massively from this increase to use in the growing market.
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
Investment Disclaimer