RATE Group | As Bitcoin Struggles, This Minor Cryptocurrency Is Up Almost 500% Over The Past 12 Month…
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As Bitcoin Struggles, This Minor Cryptocurrency Is Up Almost 500% Over The Past 12 Month…

11 Jan As Bitcoin Struggles, This Minor Cryptocurrency Is Up Almost 500% Over The Past 12 Month…

Posted at 19:49h in Cryptocurrency News by

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Bitcoin has had a mixed start to the new year. The price has climbed, most likely for potentially controversial reasons—but, meanwhile, at least one minor cryptocurrency is going from strength to strength.

The bitcoin price has climbed over the first few days of 2020 but has failed to make meaningful gains and breakout of its long-running malaise, leaving many cryptocurrency traders and investors disappointed.

However, chainlink, a top 20 cryptocurrency traded under the name link boasting an $800 million market capitalization, has risen 25% already in 2020—bringing its year-on-year rise close to a staggering 500%.

The chainlink price reached its highest in late June of 2019, hitting $4.55 and up over 1800% from the start of 2019.

The massive rally was caused by interest in chainlink from China, the world’s…

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