Dave Portnoy’s Tweet Pumps Chainlink [LINK] Price Past $19

Sunil Sharma
August 15, 2020
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Dave Portnoy’s tweet just pumped Chainlink [LINK] price past $19. At the time of writing the LINK price at Binance was trading at $19.4 and is advancing towards a new all time high.

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Dave Portnoy Leading The LINK Price Rally

Earlier in the week Dave Portnoy organized a session with Winklevoss twins to understand cryptocurrencies and Bitcoin. The session led Dave choose Bitcoin and Chainlink [LINK] as his first crypto investments. Since, then crypto community and traders are monitoring Bitcoin and LINK prices for possible bull rally.

Well, Dave who is now widely covered by crypto media and has spent a fortune in Bitcoin and LINK today tweeted, “Link to the moon.” through his official twitter account.

The crypto traders waiting eagerly for Dave’s next action sure took his tweet seriously and since his tweet, the LINK prices have already soared past $19. The LINK price currently looks well positioned to cross $20. Though there isn’t much gain in Market cap of LINK which currently is around $6.7 Billion, still it will be interesting to see how far can traders shoot the LINK price.

What do you think, is this surge in price sustainable?

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO's in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on X at @sharmasunil8114 and reach out to him at sunil (at) coingape.com
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.