LINK Prints New All-Time High Above $50 As Its Market Cap Surpasses $20 Billion

Chainlink has posted a new historic peak, breaking above the $50 level, while its market capitalization rose above the $20 billion mark

News

Wed, 5/05/2021 - 9:26

LINK Prints New All-Time High Above $50 As Its Market Cap Surpasses $20 Billion

Cover image via stock.adobe.com

Read U.TODAY on

Google News

Eleventh-ranked digital currency Chainlink (LINK) broke above the $50 price mark a short while ago, setting a new all-time high on the leading Coinbase exchange.

The previous ATH was reached on April 15, when LINK topped the $40 level.

Meanwhile, the coin's market capitalization value has surged above the $20 billion level overnight, adding more than one billion USD.

As Bitcoin is consolidating around the $55,000 level after dropping from $58,000 a few days ago, altcoins are surging, with DOGE being the leader so far.

Dogecoin’s Market Cap Grows to $90 Billion, But Spencer Bogart Warns It Has No Real Users

Elon Musk's favorite cryptocurrency is now the holder of the fourth spot on the CoinMarketCap scale with Dogecoin hitting a new all-time high of $0.60 on May 4.

The second-largest cryptocurrency, Ethereum, also printed a new all-time high of $3,500 on May 4.

#Chainlink (LINK) News #LINKUSD #Dogecoin News #Ethereum News

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.