Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets Cryptos

LINK, most profitable crypto-asset in 6 months, gains 451%

Olumide AdesinabyOlumide Adesina
3 years ago
in Cryptos
ChainLink’s digital coin skyrockets 388% in 130 days, still soaring
Share on FacebookShare on TwitterShare on Linkedin

In the crypto industry, one crypto asset is emerging as the most profitable crypto asset in 2020 for its investors. The name of that crypto asset is LINK.

The detail: ChainLink (LINK) has gained about 451% in 6 months, moving from $2.12 on March 15, 2020, to $9.57 as at the time this report was drafted. This has made it the ninth most valuable crypto asset by market capitalization value of $3.35 billion.

The recent gain in this fast-growing crypto-asset follows a recent pullback after LINK reached the $8.94 price levels near the middle of July.

Download the Nairametrics News App

ChainLink is showing signs of life, while Bitcoin and most of the crypto assets are pulling back lately. One thing to keep an eye on is the trading and social volume in relation to its price direction. An increase appears to be starting, which is correlating with this rise.

$LINK is showing signs of life while $BTC and most of #crypto is sliding back slowly. One thing to keep an eye on is trading and social volume in relation to its price direction. An increase appears to be starting, which is correlating with this rise. ? https://t.co/HWdN7q7P9T pic.twitter.com/fabKVlFqFA

— Santiment (@santimentfeed) August 3, 2020

Quick fact: Chainlink is a blockchain that is designed to bridge the space between blockchain technology-based smart contracts (created by ETH), and other user programs.

READ ALSO: Why you should consider selling Bitcoin now

Since blockchains by principle can’t have access to data outside their paths or networks, a defi instrument is needed to facilitate data feeds in smart contracts, and Chainlink helps to solve such needs.

Recall that about a year ago, ChainLink announced that Google was integrating ChainLink into their approach to smart contract adoption. Here’s how users can use Chainlink to connect to BigQuery, one of Google’s most popular cloud services.

READ ALSO: Ethereum-based assets produce highest returns in 2020

We're thrilled to share that Google is one of the great companies integrating #Chainlink into their approach to smart contract adoption. Here's how @GCPcloud users can use Chainlink to connect to BigQuery, one of Google's most popular cloud services. https://t.co/TfaGPP5TlS

— Chainlink – Official Channel (@chainlink) June 13, 2019

Related

Tags: BigQueryChainlinkcryptocrypto assetsCryptocurrenciesCryptocurrency NewsDeFiGoogleLink

Leave a Reply Cancel reply

fidelity banner
Press one
Mega Millions
SME
hfm
HFM
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • NMDPRA issues 6 new regulations, sets March 31 deadline for permits
  • Accenture lays off 19,000 jobs worldwide in a bid to streamline operations
  • Nigerian telco industry struggles to attract foreign capital for 4G and 5G infrastructure deployment

Follow us on social media:

Recent News

NMDPRA issues new regulations, sets March 31 deadline for permits

NMDPRA issues 6 new regulations, sets March 31 deadline for permits

March 24, 2023
Accenture lays off 19,000 jobs worldwide in a bid to streamline operations

Accenture lays off 19,000 jobs worldwide in a bid to streamline operations

March 24, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions
  • 2023 Elections

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections

© 2023 Nairametrics

error: Alert: Content selection is disabled!!