LINK has undergone an unbelievable rise in the year 2020, moving to become one of the top five cryptos by market cap.
In just 24 hours, the Ethereum based token has seen another 30% increase alongside some other tokens. The massive price gain is partly due to the high demand for YAM token by yield farmers.
The race to break into the top five digital assets has grown between LINK, Litecoin, and few other coins. However, LINK was very far behind in the race, but it kept rising consistently throughout the year, eventually bringing it to fifth place at the expense of other competitors.
Throughout the year, LINK keeps fostering new relationships and integration, although it faced few obstacles during its rise and was branded a scam by a financial institution. Chainlinks' competition keeps increasing due to the positive waves the oracle project is making. LINK's price also keeps rising against all odds.
Source: Cointelegraph
