Chainlink's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Chainlink's (CRYPTO: LINK) price has increased by 5.0% in the past 24 hours to $14.03, continuing a positive trend with a 3.0% gain over the past week. Despite the price increase, trading volume has fallen by 31.0% over the past week, while the circulating supply has increased by 3.6%. Chainlink's market cap is currently $8.52 billion, ranking it #16.
June 25, 2024 | 3:02 pm
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Chainlink's price has increased by 5.0% in the past 24 hours to $14.03, continuing a positive trend with a 3.0% gain over the past week. Despite the price increase, trading volume has fallen by 31.0% over the past week, while the circulating supply has increased by 3.6%.
The 5.0% price increase in the past 24 hours and a 3.0% gain over the past week indicate a positive short-term trend for Chainlink. However, the 31.0% decrease in trading volume could signal potential volatility or a lack of sustained interest, which investors should monitor closely.
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IMPORTANCE 80
RELEVANCE 100