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Here's Why Chainlink Surged 11% Today and 50% Over the Past Week


It's easy for many investors who aren't all that connected to the world of crypto to focus in on only the large-cap tokens (you know, the ones that most would argue are the only projects that matter). However, over the past week, specific altcoins have really outperformed, with Chainlink (CRYPTO: LINK) seeing incredible price appreciation of roughly 50%.

Over the past 24 hours, as of 12:45 p.m. ET, Chainlink has soared 11%, leading this token to soar all the way up the crypto rankings to take the 12th spot, above some other coveted names in the space. So, what gives? After all, Chainlink's moves have rivaled some of the crypto world's most speculative altcoins over the past week.

While most investor attention is focused on Bitcoin and Ethereum, let's dive into why Chainlink may be one overlooked project worth diving into right now.

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Source Fool.com

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