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ChainLink Price Analysis – Link Price Surged up to 5%

While the crypto space is showing mixed colors, At press time, chainlink is one of the best performing altcoins among top 20 cryptocurrencies. Following chainlink, Bitcoin cash and Ethereum classic  price also showed slight uptrend with 3% and 4% growth

Chainlink, an altcoin that enjoyed its time in the limelight in recent weeks as it made headlines and went on a powerful rally.

At the time of writing, the Chainlink coin price has increased by 5.86% against the USD, trading at $2.47. In term of LINK/BTC and LINK/ETH, the price surged up to 13.17% and 6.89%, trading at 0.00023297 BTC and 0.01190543 ETH respectively.

The coin is currently holding market cap value of $865,934,447 with $95,303,725  24 hour volume and 350,000,000 LINK circulating supply.

According to popular crypto analyst Josh Rager, says that “Link looks more attractive on-chain than the majority of altcoins.

Rager says that on-chain network activity can help investors select assets more suitable to perform during a bull market. The significant growth Chainlink has seen in transfers each month shows a boost in token interest and usage. Because of the steady and significant growth.

Simply VC now an official Chainlink node operator and trusted data provider

Simply VC is now officially contributing to Chainlink’s network of decentralized oracles on the Ethereum network, acting as a node operator allowing for off-chain data to be used within on-chain smart contracts.

The Chainlink node architecture being operated at the Simply VC data center comprises of redundant off-chain Chainlink nodes that monitor and fulfill on-chain requests for off-chain data sent to our Ethereum oracle smart contract.

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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