Cryptocurrency Chainlink Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink's (CRYPTO: LINK) price has increased by 4.67% over the past 24 hours to $6.97, and by over 12.0% over the past week. The coin's trading volume has climbed 485.0% over the past week and the circulating supply has increased 0.25% to 517.10 million. The current market cap ranking for LINK is #23 at $3.61 billion.
July 18, 2023 | 3:01 pm
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POSITIVE IMPACT
Chainlink's price has seen a significant increase over the past week, with a rise in trading volume and circulating supply. This could indicate a positive short-term impact on the price of LINK.
The increase in Chainlink's price, trading volume, and circulating supply indicates a strong demand for the coin. This could lead to a further increase in price in the short term, especially if the demand continues to outstrip the supply.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100