The Bitcoin rally pulled the market, but three tokens stood out more in 24h and made the joy of its investors: ETH, LINK and DOT
Three tokens that go to the moon with Bitcoin and value more than 10% in 24 hours
The price of Bitcoin reached a new historical record when it reached US$ 28,408.14 this weekend. Bitcoin’s market capitalization is now above US$ 740 billion, although its price has fallen to US$ 27,060 so far this writing, at Binance the turnover is around US$ 2,663 billion in the last 24 hours, something around 99,170 BTC.
The price of the other main cryptoassets has skyrocketed, with Ether (ETH) surpassing the $700 mark for the first time since 2018. The second largest cryptomeda by market capitalization is still far from its previous record of close to $1,400.
Some experts, such as Willy Woo, believe that with the insane pace of BTC’s price, we can still see it reach $30,000 before the end of the year. Other influencers such as Ryan Watkins and Eric Turner have pointed out that many people continue to procrastinate when it comes to entering Bitcoin and therefore end up having to buy at higher prices later on.
Among the tokens that have stood out the most in the last 24 hours are Ethereum, Chainlink and Polkadot
Ethereum is the leading decentralized platform that executes intelligent contracts. As the initial phase of Ethereum 2.0 was launched, ETH’s price has risen to over US$ 700 this week. It has risen 13.42% in the last 24 hours.
The ETH 2.0 upgrade is one of the catalysts for this uptrend.
Ethereum surpasses US$730: What comes after this great rally?
Chainlink is a blockchain-based middleware, acting as a bridge between intelligent crypto contracts and out-of-chain resources such as data feeds, various web APIs, and traditional bank account payments. LINK, its native token has risen 14.18% in the last 24 hours.
LINK, the native Chainlink token, is beginning to recover after seeing a big drop in relation to Bitcoin
Polkadot allows cross-blockchain transfers of any kind of data or assets, not just tokens. Connecting to Polkadot offers users the ability to interoperate with a wide variety of blockchains in the Polkadot network. The DOT, your native token is up 12.25% in the last 24 hours.