Chainlink surges amid high exchange inflows and social volume
Chainlink’s (LINK) price has constantly risen since Sept. 11, after the asset hit a local bottom of $5.7 with a market cap of $3.1 billion. LINK is up by 5% in the past 24 hours and is trading at $6.56 when writing. The asset’s market capitalization rose to $3.65 billion with a 24-hour trading volume of around $198 million. LINK price, whale activity and social volume – Sept. 18 | Source: Santiment According to data provided by the market intelligence platform Santiment, the recent surge in LINK’s price has triggered a high social volume — marking a 150% rise in the social trend after dropping for three consecutive days. You might also like: Bitcoin miner returns to Paxos $500k in mistakenly paid fees Moreover, transactions consisting of at least $100,000 worth of LINK increased by 27% in the past 24 hours, reaching 34 daily transfers, according to Santiment. The movements come while on-chain data shows an inflow of 15.7 million tokens, worth roughly $1...