Chainlink (LINK) Adds 10%, Becomes Most Purchased Token

In almost 24 hours, the price of LINK surged from $14.32 to $15.83 and printed a 10.7% upsurge.

Analysts of The DeFi Edge named Chainlink (LINK) and Pendle (PENDLE) amid most popular tokens for buyers.

Experts of The DeFi Edge newsletter covering developments in Web3 and blockchain shared a ranking of the tokens "smart money wallets" were buying or selling last week. It looks like in anticipation of a bull run, large investors are turning toward more predictable products.

Chainlink (LINK), Pendle (PENDLE) and Ribbon Finance (RBN) were actively purchased by owners of large and successful cryptocurrency wallets in early December 2023. In terms of categories, crypto fat cats demonstrated interest in purchasing DeFi and infrastructure altcoins.

The price of PENDLE, the governance and rewards token of the multi-blockchain yield farming protocol Pendle Finance, added 2% in the last 24 hours, while Ribbon Finance (RBN) added over 33% in the last week.

The price of PENDLE, the governance and rewards token of the multi-blockchain yield farming protocol Pendle Finance, added 2% in the last 24 hours, while Ribbon Finance (RBN) added over 33% in the last week.

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