Chainlink’s LINK Cryptocurrency Hits New Record Price High
The cryptocurrency is now up 105% since Jan. 1, 2021.
New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply. According to crypto market data aggregator Glassnode, Chainlink’s (LINK) token distribution is at record levels of centralization — with more than 80% of LINK not held on exchanges currently residing in the top 1% of Chainlink wallets. Glassnode’s research found that 81% of LINK not held on crypto exchanges of smart contracts is currently stashed away in 125 wallets, with the number of tokens held by Chainlink’s whales steadily increasing over the past two years.When including....
Chainlink's LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.
Despite a slight pullback in Bitcoin and Ethereum prices, Chainlink remains strong. With a 22% rally in the last week and 4.1% on the daily chart, LINK stands as one of the biggest gainers in the top 10, trading at $33.07, at the time of writing. From the traders’ perspective, LINK’s price structure is highly […]
Chainlink (LINK) was soaring high in the early European trading session Thursday as traders continued to seek hedge in the cryptocurrency market against a choppy Bitcoin. The LINK-to-dollar exchange rate surged to $24.9, up 15.16 percent from its intraday opening value. The latest upside appeared near a confluence of supports around the $19-20 price range, […]
Chainlink’s price action has been all over the place throughout the past few weeks, with it first seeing a bout of capitulation that sent it to lows within the $7.00, before it was able to post a strong rebound that led it up to highs of $11.20. Unfortunately for LINK bulls, the cryptocurrency has not […]