🚀 Why did the price of LINK increase by 20% per day?
Sunday started with LINK price slightly above $9, but in the morning it had already reached $10.86. This level is the highest since May 2022, when the LUNA ecosystem crisis occurred. Over the past 7 days, the coin has shown an impressive increase of 44%.
🗼 Analysts from the Lookonchain portal have identified several large transactions with LINK, which indicate some activity and a price increase on October 22. Experts believe that the growth of cryptocurrency is associated with actions on Korean exchanges and the interest of cryptocurrency “whales”.
In addition, a representative of the Chainlink ecosystem today recalled the project’s collaboration with leading financial institutions aimed at implementing the idea of tokenizing real-world assets.
Analysts say that all signs indicate that the price of this cryptocurrency will continue to rise in the next few months.
