On July 13 Chainlink (LINK) rallied more than 34% to reach a new all-time high at $8.48. Since then the price corrected back to the $7 range but at the time of writing the altcoin is making a renewed attempt at taking out the recent all-time high.
LINK has rallied 167% in 2020 and remains one of the top performers in the crypto market but this isn’t the first time it has earned the description. In 2019, the altcoin rallied 1,481% and according to CoinMarketCap, the return-on-investment for those who purchased at the first listed price is now exceeding 5,000%.