By Franklin Smith
Cronos and Chainlink have recently recorded an optimistic price move, regardless of uncertainty over digital tokens.
The alternative coins soared approximately 15% from the respective lows over the past seven days. The latest upswing shows CRO and LINK are still steady as they rank among the top 50 by market capitalization.
Upside Trends Amid Market Uncertainty
The overall cryptocurrency market remained deteriorated amidst ongoing bearish markets. Nevertheless, CRO and LINK maintained their upside actions despite investor concern over the crypto market’s future.
LJNK has been among the top-performing alts of this week. The token surged more than 21% over the last seven days.
That saw it hitting yesterday’s high at $8.46. That isn’t surprising when you check the token’s performance within the previous month. LINK surge about 16% this month.
The narrative could differ from CRONOS as far as 30d performance is concerned. Nevertheless, it recorded gained within the last seven days, surging around 16.9%. While publishing this post, CRO changed hands at $0.110, climbing from its lowest mark at $0.105.
LINK’s Positive Moves
The latest Santiment tween indicated that most market players resorted to unloading their Chainlink holdings following dip-buying.
Yesterday’s sessions saw LINK soaring towards the $8.46 local peak, presenting an opportunity for multiple market players to benefit. The LINK transaction count remained 4x beyond expectations, according to Santiment analysts.
Another Santiment’s tweet suggested that Chainlink shareholder activity peaked on 28 September. That helped the alternative token to overcome the threshold at $8, regardless of the crypto market’s broad bearishness, welcoming the growth period.
The uptick saw Santiment analysts concluding that LINK decoupled from the crypto space within the past ten days. Nevertheless, the token’s price could not sustain the new highs. Coinmarketcap shows LINK lost more than 0.22% within the past day to $7.89 during this publication.
Social Engagement Behind CRO’s Surge
CRO has noted a breakthrough within the recent week. LunarCrush stats show the token ranking 26. The past week brought upside actions in CRO as far as social engagement is concerned.
The asset’s social media mentions had gained 40% to 37,000 by 23 September. Also, that timeframe has social engagement soaring 14% to $61.6 million. The increase in social media interest saw the token’s price gaining 13% as of 23 September.
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