Chainlink, the 12th-largest cryptocurrency by market cap, is soaring today, reaching new heights of nearly $6 per coin for the first time in its history.
Chainlink (LINK) is not yet a top 10 cryptocurrency by market cap, but at this rate, it soon might.
Chainlink today shot up by close to 20% in price and is currently trading for $5.80, eclipsing its previous all-time high of just under $5 that it hit in March of this year.
LINK is still a relatively new coin, having launched in an ICO in September 2017, which raised more than $30 million. Chainlink sold for a mere $0.09 during its pre-sale, and started off its few months trading at around $0.20 per coin. It has since gained more than 2,460% to its price in less than three years.
In late June, LINK came close to breaking its previous all-time high, but fell short. Today, it’s shattered its record.
Author: Nicholas Marinoff
Read more at: https://decrypt.co/34867/chainlink-price-pumps-20-percent-new-all-time-high
