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14.07.202014:32 Forex Analysis & Reviews: Chainlink breaks into top 10

Long-term review

Exchange Rates 14.07.2020 analysis

The Chainlink cryptocurrency surged to $8.5 for the first time. According to CoinMarketCap, one of the largest cryptocurrencies rose in price by 24% per day. Moreover, in general, Chainlink has increased by 375%.

Last week, Santiment noted that LINK continued to hit new records in the number of daily active addresses.

As analyst Josh Rager noted, LINK is a great example of why it is better to trade altcoins, even by being a bitcoin maximalist.

During the past weeks, Bitcoin was trading around $1,000. At the same time, LINK rose from $3.65 to $ 8.5. Expert Michael van de Popp is sure that in the near future, Chainlink will rise to $10, but it is necessary to wait for some time. He anticipates a jump by the end of 2020.

Kate Smirnova,
Analytical expert of InstaSpot
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