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Home » Chainlink (LINK) Price Hits A 6-Week High, With Profit-Taking Ratio At Highest In 17-Months!
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Chainlink (LINK) Price Hits A 6-Week High, With Profit-Taking Ratio At Highest In 17-Months!

May 24, 2024No Comments1 Min Read
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Chainlink (LINK) Price Hits A 6-Week High, With Profit-Taking Ratio At Highest In 17-Months!
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Crypto Live News

Author: Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

May 24, 2024 11:44

news-image

The LINK price has recorded a jump of 5.98% with a surge of 67.89% in its trading volume to $818.367 Million over the past 24 hours. The altcoin has successfully reclaimed the $17.50 mark, resulting in it recording a 6-week high. Furthermore, the on-chain data highlights an 11:1 ratio of profit booking for Chainlink tokens, the highest ratio since 08th December 2022. With a market cap of $10.22 Billion, Chainlink price has reclaimed the 14th spot in the global crypto market list.


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