Chainlink (LINK) is now available for trading on Binance US, the American arm of the world's largest exchange by trading volume. The oracle token got listed along with Raven Coin (RVN), the favorite coin of former Overstock CEO Patrick Byrne.
As of now, the LINK price is sitting at $2.59 (down 4.21 percent over the last 24 hours). As the chart below shows, it experienced a short-lived bounce to $2.78 after the start of trading, but it quickly fell in tandem with Bitcoin, which failed to break above a pivotal resistance level.
As reported by U.Today, LINK was already listed on Coinbase at the end of June, which subsenquely pushed its price to its current ATH of $3.96. Kraken, another big-name crypto exchange, also embraced the oracle token in September.
Now that Binance US also listed LINK, it's not far-fetched to assume that it could soon surpass Tron (TRX) if its price surges above the $3.00 mark once again.
Arman Shirinyan
Denys Serhiichuk