Chainlink Takes Over Dogecoin In Key Metric As Mysterious Whale Pushes LINK Upwards
Summary
Chainlink (LINK) has seen a 48% price surge since January 25, surpassing $20 on February 11. It has overtaken Dogecoin to become the 10th largest cryptocurrency by market capitalization. On-chain data shows significant whale accumulation, with one whale accumulating $83.6 million worth of LINK in the past five days. The recent surge in price and market cap is attributed to whale and investor accumulation. Despite a 2% correction from its yearly high, LINK's market cap currently stands above DOGE by $390 million.
