Chainlink (LINK) Moves to 7th Place, Leaving Litecoin (LTC) Behind.

Chainlink (LINK), one of the leading altcoins, surpasses Litecoin to become the 7th largest cryptocurrency in terms of market capitalization .Chainlink (LINK) has been one of the fastest recovering altcoins after Bitcoin brought to the market a sharp decline wave. Chainlink had re-established an all-time high at $ 24.30 in the past hours. Now, LINK has moved up to 7th place, outpacing Litecoin (LTC), one of the leading altcoins, according to CoinGecko data.

Chainlink (LINK) Continues to Rise

LINK continues its upward trend that has accelerated in the past days. Altcoin, which has increased by 110% in the last 30 days, has gained 797% in the last 1 year.

Altcoin made a significant leap especially after the recent rise of Grayscale claims. According to this claim, the leading digital asset management company Grayscale is planning to establish a new fund for 6 altcoins, including LINK. For details, you can check out our article titled “Grayscale Could Launch New Funds For These 6 Altcoins” .

LINK is trading at $ 24.06 as of the time of broadcast .