Market cap indicated the level of the asset’s dominance in the whole market. Thus, the most popular crypto coins by market cap are Bitcoin, Ethereum, Tether, USD Coin, BNB, etc.
Looking at technology as the main factor of crypto popularity, we would like to highlight the Chainlink project and its LINK coin. Let’s see what its project is all about and the current Chainlink price.
What is LINK?
LINK is a popular cryptocurrency ranked 22d on the Coinmarketcap ranking. Its market cap is over $3 billion, so it is a middle-cap asset. Chainlink price is $5.98, and daily trade volume exceeds $174 million.
The essence of the project is connecting off-chain projects with blockchain technologies. Chainlink is based on the Ethereum network and connects real-sector enterprises with Solana and Ethereum blockchains. The platform allows building smart contacts where the LINK coin plays a key role.
Places to Buy Cryptocurrency
You can use the following types of crypto platforms:
Centralized platforms operate officially and simply with AML and KYC requirements. Such exchanges have a full set of trading tools such as:
- Spot trading
In addition, centralized platforms allow buying digital coins with fiat. Examples of centralized exchanges are Binance, WhiteBIT, and Coinbase.
Decentralized exchanges offer fewer trading tools and no option to buy crypto with fiat. It is explained by the absence of registration and user verification. Examples are SuchiSwap and UniSwap.
Read more about the most popular crypto assets and up-and-coming projects on the WhiteBIT platform.