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Chainlink Records Overall 3% Dip in Last Month

byMaxwell Mutuma
October 2, 2019
in Cryptocurrency News
  • Chainlink records a dip of 3%; the price counter changed from $1.92 to $1.86 in a month
  • Parallel Markets partners with Chainlink to build the first portable investor identity solution

It has been quite a year for Chainlink users. The crypto has got support from companies like Google, who are now connecting their data on-chain platform and now it has recently inked partnership with Parallel Markets to build the first portable investor identity solution. This news may help in providing a boost to the current market performance of this token.

Chainlink Price Comparison:

In the last one month, LINK token has recorded a dip of over 3% slumping from $1.92 to its current value as on October 2, 2019, at 07:08:55 UTC. The coin has had a topsy-turvy ride throughout the month. It started at $1.92 but then slumped up to $1.52 in the next 10 days. LINK gained some momentum to climb as high as $2.03 towards the end of last month but immediately slumped back again to trade around $1.50. It is currently moving in the upward direction.

Yesterday, the highest recorded value of LINK was $1.90 and the lowest was $1.76. Currently, the coin is moving close to the highest and it may even cross $1.90 by the end of the day.LINK Price Chart

Chainlink started the year trading at $0.40 and currently, it is almost touching $2. This shows a consistent growth pattern in the journey of this token. The coin even went as high as $3.70 in the last 90-days, which shows that it has the potential to cross its all-time-high at $4.54 soon.

According to the LINK forecast, based on the current formation of technical indicators, the Chainlink price continues to follow the same pattern for now & the price of Chainlink will rise in the upcoming years. This is the best time to plan long-term investments in the LINK token and get huge returns.

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Maxwell Mutuma

Maxwell Mutuma

Maxwell especially enjoys penning pieces about blockchain and cryptocurrency. He started his venture into blogging in 2020, later focusing on the world of cryptocurrencies. His life's work is to introduce the concept of decentralization to people worldwide.

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