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The crypto market was in free fall over the weekend, with most tokens fell double digits or more after strong economic data was released. Since the market closed on Friday, Chainlink (CRYPTO: LINK ...
At a Glance. Cryptocurrency Network. Chainlink. Native Currency. LINK. Market Cap. Approximately $3.6 billion as of Oct. 17, 2022. All-Time High. $52.88 on May 10, 2021
As of 12:30 p.m. ET, over the past 24 hours alone XRP is up 36% and has risen 55% since the market closed on Friday. Chainlink (CRYPTO: LINK) is up 17.6% in the past 24 hours and 22.6% since Friday.
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
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Chainlink is a decentralized blockchain oracle network. Chainlink's token is on Ethereum . [ 3 ] [ 4 ] The network is intended to be used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts .
In January 2018, the firm considered holding an initial public offering on the Toronto Stock Exchange to raise $325 million but eventually decided not to proceed with it. [ 6 ] The firm claimed $1 billion assets at the start of 2018 but dropped to $591.5 million as of the end of 2018, majorly due to the drop in the value of its holdings.
The cryptocurrency market is seeing strong buying pressure materialize today, as the overall value of all cryptocurrencies continues to remain above the key $3 trillion level.