$LINK
๐ฅ๐ฅ AI predicts Chainlink (LINK) price for year-end: ๐
๐ Chainlink (LINK) has captured the spotlight with a remarkable rally, surging 26% on December 3 to hit $26.32, its highest level since January 2022. This rise has sparked speculation about the tokenโs year-end potential, fueled by bullish market sentiment, whale activity, and institutional adoption.
๐ At the time of writing, LINK was trading at $24.71, posting a 24% gain in the past 24 hours. On a broader scale, the token has soared 127% this month, pushing its market capitalization to an impressive $15 billion.
๐ Whatโs driving LINKโs momentum?
The recent price spike for Chainlink is partly attributed to the success of XRP, which surged to $2.7 on December 2 before stabilizing. XRPโs momentum, fueled by optimism around Rippleโs stablecoin initiatives and expectations of improved U.S. regulatory conditions, has indirectly drawn attention to LINK.