The digital currency ChainLink (LINK) was able to break through to the top five largest alto coins. According to the CoinMarketCap website, this crypt currency now has a capitalisation of just over $4.856 billion.
The LINK exchange rate rose to $12.4 on Monday 9 November. The closest ChainLink pursuer is Binance Coin (BNB), with a capitalisation of over $4.036 billion.
Within the next 24 hours LINK may knock out the Bitcoin Cash (BCH) crypt currency, which has a capitalisation of around $4.913 billion, from fifth place in the CoinMarketCap rating.
Analyst Timothy Peterson stressed on Twitter that LINK is currently trading just above its key support area ($12). Falling below this level is unlikely, as large investors are not interested in a more significant coin rollback.
Over the past few months, „whales“ have bought up 18.3 million LINK tokens. This strategy of large investors shows that they are confident in the long-term growth of the value of altokoin.