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Chainlink: Is LINK Ready to Break into the Crypto Top 10?

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by Giorgi Kostiuk

3 days ago


Chainlink, ranked 11th by market capitalization, might soon enter the top 10 cryptocurrencies due to its price surge and whale interest.

Price Surge and Whale Activity

Following a 25% increase in price since March 10, Chainlink reached an all-time high of 43% of total supply due to major stakeholder purchases.

Impact of Meetings with Authorities

The rise in LINK’s social media dominance is linked to a recent Washington meeting discussing the future of digital assets.

Chainlink's social dominance increased post Washington D.C. meeting.Santiment

Technical Analysis and Prospects

Currently trading at $14.97, LINK's bullish structure remains intact despite a recent 6% drop, indicating potential for further gains.

With whale accumulation and growing institutional connections, Chainlink is well-positioned to enter the crypto top 10.

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