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New LINK All-Time High Above $22 Pushes Number of New Addresses to Major High

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Sat, 16/01/2021 - 12:24
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New LINK All-Time High Above $22 Pushes Number of New Addresses to Major High
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Chainlink has soared to a new all-time high of $22.69. As it happened, Glassnode has reported that the number of active and new LINK wallets has seen a substantial increase.

Taking 5 month to reach a new all-time high

After hitting a new major high of $21,45 on Binance on January 15, LINK continued appreciating to rise above the $22 level.

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Image via CoinMarketCap

The previous all-time high of $19 was reached in August 2019, according to the data from CoinMarketCap.

After the coin reached its life-time peak, traders began dumping it, pushing LINK down a whopping sixty percent.

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New investors are grabbing LINK

Meanwhile, Glassnode analytics company has shared that as LINK is gaining traction, the number of active wallets (1-day MA) has reached a 4-month high of 995.208.

The previous 4-month high of 993.542 was recorded in November last year.

Besides, new investors are rushing into LINK now, as the amount of new addresses has surged to hit a 5-month high (1-day MA) of 340.708.

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Image via Twitter

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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