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Home Markets Cryptos

100% of Chainlink (LINK) wallets are now in profit

Olumide Adesina by Olumide Adesina
August 5, 2020
in Cryptos
100% of Chainlink (LINK) wallets are now in profit
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The world’s fastest-growing crypto asset, Chainlink (LINK), is in the news again following a positive rally. Investors now have good reasons to smile to the bank because 100% of LINK wallets are in profit.

Data obtained from an intelligence company, IntoTheBlock, revealed the entire supply of the LINK token is in profit.

READ MORE: Ripple has released 1 billion XRP; here’s what this means

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How the surge happened: Recall that Nairametrics exclusively broke the news after LINK gained about 451% in 6 months, moving from $2.12 on March 15, to $9.57. This had made it the ninth most valuable crypto asset by market capitalization value of $3.35 billion.

READ ALSO: Nigeria leads Africa combined in Q2 2020 on BTC P2P

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. 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 on how users could use Chainlink to connect to BigQuery, one of Google’s most popular cloud services.

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Tags: BigQueryBlockchainBusiness NewsChainlinkcryptoCryptocurrenciesCryptocurrency NewsGoogleIntoTheBlockLink

Comments 2

  1. Anonymous says:
    September 9, 2020 at 8:52 am

    I will like to invest in it

    Reply
  2. PATRICIA ANA says:
    November 11, 2020 at 2:43 am

    Are you experiencing any failure in trading forex or are you a newbie in trading and have lost money either to scammers who promised you huge amount of money and never paid you out? Do you know you can make a minimum profit of $18,000 weekly that depends on your investment by investing it through the right source. Kindly get in touch with Mr Adam Wilson via, adamwilson . trading AT consultant.com, for more informations

    Reply

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