In a surprising turn of events, Chainlink’s (CRYPTO: LINK) price has seen a 5.07% increase in the last 24 hours, reaching $14.21. This is a notable shift from its recent negative trend, where it suffered an 8.0% loss over the past week, dropping from $15.46 to its current price. The coin’s all-time high remains at $52.70.

A comparison of Chainlink’s price movement and volatility over the past 24 hours and the past week is illustrated in the chart below. The gray bands, known as Bollinger Bands, measure the volatility of both daily and weekly price movements. The wider these bands or the larger the gray area at any given moment, the greater the volatility.

Alongside these price changes, Chainlink’s trading volume has also seen a significant increase, climbing 68.0% over the past week. The circulating supply of the coin has also risen, with a 1.62% increase. This brings the circulating supply to 568.10 million, which constitutes an estimated 56.81% of its max supply of 1.00 billion.

According to the latest data, the current market cap ranking for LINK is #14, with a valuation of $8.07 billion.

This information is powered by the CoinGecko API and has been reviewed by an editor. Please note that this does not constitute investment advice.

This News Article was automatically generated by Bob the Bot (AI)

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Companies	CoinGecko API, Reuters, Benzinga
Currencies	Chainlink
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