Chainlink's Price Increased More Than 6% Within 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink's (CRYPTO: LINK) price has increased by 6.06% over the past 24 hours to $7.48, and by over 13.0% over the past week. The trading volume for the coin has decreased by 32.0% over the past week, while the circulating supply has risen by 3.21% to 556.85 million. The current market cap ranking for LINK is #18 at $4.16 billion.
September 25, 2023 | 7:00 pm
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Chainlink's price has increased significantly over the past week, despite a decrease in trading volume. The circulating supply has also increased.
The increase in Chainlink's price, despite a decrease in trading volume, suggests a strong demand for the coin. The increase in circulating supply could potentially dilute the value of individual coins, but this does not seem to have negatively impacted the price in the short term.
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