Chainlink Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink (CRYPTO: LINK) has seen a 3.62% increase in price over the last 24 hours, reaching $14.92. Over the past week, the price has risen over 3.0% from $14.41. The all-time high for LINK is $52.70. Trading volume has increased by 9.0% in the past week, while the circulating supply has decreased by 0.08%. Chainlink's current market cap is $8.32 billion, ranking it 12th in the market.
December 01, 2023 | 7:00 pm
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Chainlink (LINK) has experienced a significant price increase and a rise in trading volume, indicating heightened investor interest and potential for continued short-term momentum.
The price increase of Chainlink, along with a rise in trading volume, suggests positive investor sentiment which could lead to further short-term gains. The decrease in circulating supply may also contribute to upward price pressure. However, as cryptocurrencies are highly volatile, the confidence level cannot be at the maximum.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100