- Chainlink has provided approximately 226% returns in the last 7 weeks
- Chainlink has also set a new all-time high of $35.85 – Binance rate
- Chainlink’s fortunes could continue as Bitcoin heads to $50k
Chainlink investors who bought LINK around the beginning of the year at $11, are now approximately 226% in profits. This is according to an analysis done by the team at Santiment feed who also pointed out that the amount of LINK tokens on crypto exchanges, has seen a continual decline in the same time period. Below is the statement and chart by the team at Santiment feed, demonstrating their findings on Chainlink.
#Chainlink has reached new heights yet again, this time with an #AllTimeHigh eclipsing $34.70, a staggering +226.1% return in the past ~7 weeks. We see a continued low level of $LINK tokens on exchanges, & this can continue until tokens begin returning.
Chainlink Sets a New All-time High, Setting its Eyes on $40
At the time of writing, Chainlink is trading at $34.12 after setting a new all-time high of $35.85 – Binance rate. A brief look at the daily LINK/USDT chart reveals that not much has changed since yesterday’s analysis.