Coinbase, one of the largest cryptocurrency exchange announced the listing of Chainlink (LINK) token on its trading platform and mobile apps (iOS and Android) – following the listing, LINK token began surging with over 58% within past 24 hours.
Chainlink (LINK) Outperforms
At the time of reporting, the value of Chainlink (LINK) is witnessing an outstanding surge of 58.82% over the past 24 hours. Currently counting as the 17th largest cryptocurrency with a market cap $1,248,361,463, LINK token is trading at the value $3.57 against USD.
Looking closer at the value of Coinmarketcap, LINK token is highly trading at Binance and Coinbase Pro exchange. In fact, Binance and Coinbase Pro appeared on the top three exchanges where the major trading volume of LINK token can be found. Other exchanges with a high trading volume of LINK token are – Huobi Global, Iquant, BKEX, OKEx, CoinBene and unlike.
Just to note, the token has already crossed over $1 billion and very closed to jump 16th spot where NEO token is currently ranking. Today’s announcement of LINK listing on Coinbase comes after its listing on Coinbase Pro two days ago. Accordingly, the LINK token is now available to permissible jurisdictions which put aside residents of State of New York at the initial point. If you’re a Coinbase user, you would first require to update your Coinbase app on iOS and Android to see LINK token listing on Coinbase app.
Obviously, Coinbase’s listing made a spectacular mark on LINK’s trading volume within a very short span of time – but it is worth to note that they had earlier announced the launch of its mainnet on ETH network with the aim to tackle connectivity issues in smart contracts.
Talking about the market, it is quite mixed with positive and negative remarks – nevertheless, LINK token among top 20 cryptocurrencies pops with major pump i.e 58.82 percent within the last 24 hours.
So readers, what’s your take on Coinbase listing LINK.? Do you think LINK token will again see an upsurge in its trading volume.? Let us know in the comment below
Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com