Chainlink and Tezos Historically Surviving The Crypto Crush
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Chainlink and Tezos Historically Surviving The Crypto Crush

December 11, 2019      Richard M Adrian

Total crypto market capitalization has slipped yet again below the $200 billion. Cryptocurrency markets are declining. However, despite the bloodbath characterizing the entire crypto-verse, there are two evident survivors mercilessly slaying the bears. Chainlink (LINK) and Tezos (XTZ).

Crypto Cap Crushed Again

Meanwhile, the huge selling pressure took shape in Monday. Thereby accelerating to even high heights as of today. The market capitalization has also dumped another $4 billion. In fact, the weekly high of $206 billion has slumped more than $10 billion below- hence overwhelming crypto markets with the red line. 

Nonetheless, Bitcoin is leading the declines with a 2.7% bottom out within the $7,150 price zone. It is worth noting how things have picked up a little towards the correction -; despite the fact that the general climate is certainly bearish. 

Despite the bearish climate, however, few survivors are evident. Chainlink is at the edge of a bullish market having soared by at least 14% within the past few days. 

LINK Lifting Off

The coin has risen from a low of as little as $2 , in order to top out at $2.30 per hour. Hence positioning the coin among the top performing altcoins of the season. Market Capitalization has surpassed the $800 million point. In addition to the volume soaring to at least $227 million.

Chainlink is currently sitting at position 16 on the crypto market cap chart. And could easily topple LEO from the 15th position. Furthermore, LEO is also among 2019s best performing digital currencies with a record pump of more than 700% since the start of the year. 

However, exchange listings seem to be a key driving force for the coin’s momentum. For instance, Bittrex recently announced to list LINK on its exchange platform.  

Meanwhile, LINK is not the only coin floating around fun and joy in the crypto market. Other altcoins such as Tezos have an equal share of top notch perfomance. Tezos (XTZ) reached $1.55 after an upward movement by at least 10%. 

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Richard M Adrian
Richard M Adrian

Blockchain Analyst with a demonstrated history of working in the writing and editing industry. Skilled in WordPress, Editing, SEO Copywriting, Copy Editing, and Blog Marketing. When I am not writing, analyzing bulls/bears - I will be listening to music, reading a thrilling novella or hiking. Email me at Richardmadrian@gmail.com - And we could talk about anything - business or dragons.