Chainlink

Chainlink’s market value has surged, overtaking Dogecoin’s market capitalization after a whale went on a buying spree. This whale used 55 different wallets on Binance to accumulate a total of 4.56 million LINK tokens. In just five days, these purchases added up to $83.6 million.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Cryptos-Headlines-Token-Airdrop-Is-Live-Claim-Your-Reward-Now-1.png?fit&#61;900%2C200&amp;ssl&#61;1" />According to data analytics firm Lookonchain, there’s been notable activity from a ‘mysterious whale’ who has been gathering LINK tokens. This whale has accumulated a total of 4,556,684 LINK tokens, <a href="https://cryptosheadlines.com/ark-invest-buys-8-million-worth-of-coinbase-shares-on-international-workers-day/" rel="noopener noreferrer nofollow">worth $83.6 million</a>, over the past five days. They’ve been doing this through 55 new <a href="https://cryptosheadlines.com/what-prompted-the-transfer-of-15-8-billion-floki-tokens-to-a-binance-wallet-associated-with-dwf-labs/" rel="noopener noreferrer nofollow">wallets on Binance</a>.<h3 id="chainlink-surges-in-price-and-market-cap">Chainlink Surges in Price and Market Cap</h3>As a result of a buying spree by large-scale <a href="https://cryptosheadlines.com/coinbase-introduces-crypto-lending-for-us-institutional-investors/" rel="noopener noreferrer nofollow">investors and institutions</a>, Chainlink’s price has sharply risen. It started at a low of $14.5 and soared to $20.57, marking a significant 41.8% increase in value.This surge in price has propelled Chainlink through the ranks in terms of <a href="https://cryptosheadlines.com/ceo-of-rock-tree-capital-say-hong-kong-becoming-hub-for-crypto-capital-markets/" rel="noopener noreferrer nofollow">crypto market capitalization</a>. It has now <a href="https://cryptosheadlines.com/shiba-inu-surpasses-dogecoin-pepe-coin-as-79m-tokens-burned-in-24-hours/" rel="noopener noreferrer nofollow">surpassed Dogecoin</a> and is ranked higher. <a href="https://cryptosheadlines.com/chainlinks-market-cap-jumps-143-with-50m-link-whale-accumulation/" rel="noopener noreferrer nofollow">Chainlink’s market cap</a> now stands at over $11.76 billion, while Dogecoin lags slightly behind at $11.5 billion.<h3 id="chainlink-s-market-insights-from-crypto-analyst-rekt-capital">Chainlink’s Market Insights from Crypto Analyst Rekt Capital</h3>Pseudonymous crypto analyst Rekt Capital shared insights into <a href="https://cryptosheadlines.com/chainlink-gains-momentum-integrations-and-market-movements-signal-growth/" rel="noopener noreferrer nofollow">Chainlink’s market movements</a>, highlighting its attempt to reclaim the black-black range. According to Rekt Capital, LINK is positioning itself to secure $19.31 as support, aiming for trend continuation across the entire range. A <a href="https://cryptosheadlines.com/top-altcoins-for-next-week-link-tia-xrp/" rel="noopener noreferrer nofollow">weekly close under these conditions would be favorable for LINK’s</a> trajectory.<a href="https://cryptosheadlines.com/jupiter-airdrop-yields-traders-over-1-million-profit-whats-next-for-jup/" rel="noopener noreferrer nofollow">Also Read: Jupiter Airdrop Yields Traders Over $1 Million Profit: What&#39;s Next for JUP?</a>As of the <a href="https://cryptosheadlines.com/glassnode-warns-btcs-critical-level-announced-in-latest-data/" rel="noopener noreferrer nofollow">latest data</a>, LINK was trading at $20, marking a 1.91% increase in the last 24 hours. Conversely, DOGE was experiencing a 2% decrease, trading at $0.80.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Blue-Modern-Profile-Twitter-Header.png?fit&#61;1500%2C500&amp;ssl&#61;1" />Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Dogecoin Trails Chainlink as Whale Accumulation Boosts LINK to 10th Spot in Market Cap

Table of Contents

CryptosHeadlines.com

Other articles published on Feb 12, 2024

Unknown entity drains $11.2m in liquidity via SafeMoon deployer contract

Bitcoin Struggles to Maintain $48,000 as Shiba Coin Shows Signs of Uptick

Wall Street Embraces Bitcoin ETFs with Record-Breaking Launch

This Week’s Top Crypto Investments: ETH’s Decun Upgrade, Floki Inu & Scorpion Casino

Founder: Bitcoin Holders Are Not Diversifying But Preserving Purchasing Power

Terra Classic (LUNC) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Join our free newsletter for daily crypto updates!