Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 2698
Markets: 22707
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
Market Cap
24h Vol
2698
Cryptocurrencies
63.57%
Bitcoin Share
BitcoinSistemi 2024-12-13 08:42:08

Chainlink (LINK) Hits Record Highs in 2021! Which Company is Buying? Here Are the Details

Chainlink (LINK) Hits Record Highs in 2021! Which Company is Buying? Here Are the Details

Chainlink’s native token, LINK, rose to nearly $31 during Asian trading hours on Friday, reaching its highest level since early 2021. Chainlink (LINK) Rises to 2021 Levels as World Liberty Financial Increases Its Holdings The price increase came as open interest (OI) in LINK futures reached $860 million, signaling growing investor excitement. The rally came after news that World Liberty Financial, a cryptocurrency platform backed by the Trump family, significantly increased its holdings in LINK. The platform bought $1 million worth of LINK on Thursday, bringing its total LINK holdings to $2 million for the second day of purchases in a row. It also added $246,000 worth of Aave (AAVE) tokens, bringing its total token holdings to $1.2 million. LINK is currently the fourth-largest asset in World Liberty Financial's portfolio, behind Ether (ETH), Bitcoin (BTC), and Tether (USDT). Why Is World Liberty Financial Buying LINK? World Liberty Financial is leveraging Chainlink’s oracle services to develop its platform that offers cryptocurrency lending, borrowing, and stablecoin transactions. Chainlink provides the platform with: Real-time pricing data. Cross-chain interoperability infrastructure. Chainlink’s oracles connect blockchains to real-world data and external systems, making their services essential for decentralized finance (DeFi) platforms. LINK tokens are used to compensate Chainlink node operators, tying the utility of the token directly to platform adoption. The market has responded positively to World Liberty Financial’s investment. LINK prices have increased by 22% in the past week and are up more than 130% since World Liberty Financial began using Chainlink’s services. With LINK reclaiming its 2021 highs and increasing adoption of Chainlink’s services, the token looks set to gain sustainable momentum in the evolving DeFi and crypto landscape. *This is not investment advice. Continue Reading: Chainlink (LINK) Hits Record Highs in 2021! Which Company is Buying? Here Are the Details

Most Read News

Market Cap
24h Vol
63.57%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.