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Chainlink (LINK) cryptocurrency has outperformed all others in the past two years

Cryptocurrency

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The price of the cryptocurrency Chainlink (LINK) increased 3.9% in the last day, being traded at US $ 3.34 – accumulating an increase of 74% in the last month. Cryptocurrency is one of the best performing in the past two years.

Overall, Chainlink's first investors now have a profit of nearly 3,000% compared to the ICO price of $ 0.11. Those who bought and kept the LINK low since the opening of the markets, at $ 0.138, now multiplied their investments by 23x.

In 2019, the price of Chainlink rose 485%, surpassing all top 100 currencies. Only a few of low-capitalization altcoins, such as Omnitude (ECOM) – managed to outperform.

The currency reached US $ 4.88 in March 2020. LINK was catapulted to 11th position among the largest cryptocurrencies in market capitalization during that period. Its market value is now $ 1.67 billion.

Chainlink also outperformed Bitcoin (BTC) in the medium term, having appreciated 400% against Bitcoin last year, according to data from Messari Pro.

This performance helped to attract the attention of Tyler Winklevoss, co-founder of the Gemini scholarship. In a recent tweet, he praised the dedication of the LINK developers and the Chainlink project itself for its technical merit.

The tweet comes just a week after it was announced that Gemini would list Chainlink in addition to two other cryptocurrencies. The cryptocurrency is already listed on other major exchanges, including Binance, Coinbase Pro and Kraken.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.