Robinhood , the major cryptocurrency exchange has included Chainlink (LINK) on its platform. The platform has also included popular tokens like Shiba Inu (SHIB), Solana (SOL) and Polygon (MATIC) in recent times.
Chainlink (LINK) Values Surge By 5%
Inclusion of Chainlink (LINK) on the Robinhood platform has led to a surge in its values by more than 5%. Robinhood took to twitter to announce the decision and this led to a sudden jump in the values of LINK and it touched $7.01 before settling at $6.58 when reports last came in. Token’s 24 hour trading volume has surged by around 50% to stand at $605 million.
With a market Cap of $3.2 Billion, LINK is placed at 22 spot among all the cryptocurrencies. Its standing has received a big push with its inclusion in the Robinhood exchange. Also a notable fact is that it is one of the few coins which have survived the recent crypto carnage where many big Whigs of the crypto sector had bitten the dust. It fell by just 4% over the past 30 days hinting that its basics are particularly strong.
Chainlink has also enabled PancakeSwap Chainlink keepers on the BNB chain which will enable secure automation of the CAKE/USD prediction market.
The past week has seen a slew of integration with 15 integration of 5 different Chainlink services across 5 different chains. The list includes major chains like Ethereum, BNB chain, Avalanche, Moonbeam, and Polygon. It will enable the Web3 developers with the tools to build hybrid smart contracts.
Rumors Of FTX Acquisition Of Robinhood
There are rumors that FTX will probably acquire Robinhood exchange. The FTX has been founded by Sam Bankman-Fried and it is rumored that internal discussions are on but there has been no announcement. However the rumors did a load of good for Robinhood’s share price which has surged by over 25% over the past 5 days.