Chainlink (LINK) rose to fifth place in the cryptocurrency market-cap rankings. In the last 24 hours, the coin’s market value rose by 29%.
On Thursday, August 13, the price of LINK reached $17.59, an all-time high. The market capitalization surpassed $6.6 billion, allowing the coin to overtake Bitcoin Cash on this metric.
Source: Coingecko
Over the past week, LINK’s quotes rose by 82%, and over the month — by 142%.
On August 9, the coin rose to $13.87 and overtook Cardano and Bitcoin SV in market capitalization.
Chainlink entered the Top-10 digital assets exactly one month ago, on July 13. Shortly after, unknown individuals published a report on behalf of the British bank Zeus Capital accusing the project’s leadership of fraud.
It was claimed that developers were liquidating large LINK volumes. Similar suspicions had been voiced previously.
In July, popular in the crypto community received offers to publish negative reviews of LINK. Some of them were promised up to 5 BTC.
At the beginning of August unknown individuals threatened Chainlink supporters with lawsuits for “coordinated market manipulation”.
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