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

Wed, 5/05/2021 - 9:26
Chainlink has posted a new historic peak, breaking above the $50 level, while its market capitalization rose above the $20 billion mark
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LINK Prints New All-Time High Above $50 As Its Market Cap Surpasses $20 Billion
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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.

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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.

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Image via TradingView

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.

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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.

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