LINK price locks in 36% gains following Ethereum layer 2’s Chainlink integration By Cointelegraph

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LINK price locks in 36% gains following Ethereum layer 2’s Chainlink integration

Chainlink emerged as one of the best cryptocurrency performers on Sept. 6 as the price of its LINK token jumped 8.25% against the U.S. dollar.

The exchange rate reached $36.35 for the first time since May 20, months after bottoming out near $13.45 — thus recovering by more than 170% altogether. At the same time, its recent bout of buying saw prices bringing in about 36% month-to-date returns.

How Chainlink works. Source: Chainlink
LINK/USD daily price chart. Source: TradingView